M&G Global Target Return I Acc GBP
ISIN: GB00BYM55C75 | MEX: H5XZA | CITI: NIJB
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Buy 132.22 GBX
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Sell 132.22 GBX
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Price Change -0.05290%
Past Performance
- 9th May 2020 to 9th May 20217.89%
- 9th May 2021 to 9th May 20222.15%
- 9th May 2022 to 9th May 20237.03%
- 9th May 2023 to 9th May 20246.75%
- 9th May 2024 to 9th May 20253.67%
Objectives and Approach
The Fund aims to achieve a total return (the combination of income and capital growth) of at least 2-4%, per annum above the Sterling Overnight Index Average (SONIA), before any charges are taken, in any market conditions and over any three year period. The Fund aims to achieve this while seeking to minimise the degree to which the value of the Fund fluctuates over time (volatility), while also seeking to limit monthly losses. Managing the Fund in this way reduces its ability to achieve returns significantly above SONIA plus 2-4%. There is no guarantee that the Fund will achieve a positive return over three years, or any other, period, and investors may not get back the original amount they invested.
Key Information
| Inception | 13th Dec 2016 |
| Historic Yield | 3.7482% |
| Sector | IA Targeted Absolute Return |
| Fund Size | £48.390mn |
| Fund Type | OEIC |
| Classification | Accumulation |
Charges
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Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
0.5682% |
| Initial Charge | 0% |
| AMC | 0 |
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Our Platform Charge We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
0.5682% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Performance
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Chart Options
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This fund's IA Sector (IA Targeted Absolute Return)
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Current Comparators -
Cumulative Performance
1 month 3 months 6 months 1 year 3 years 5 years 1.32% 1.24% 1.90% 3.67% 18.44% 30.54%
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
108,160 bytes PDF Document; last updated 31 Mar 2025
70,194 bytes PDF Document; last updated 14 Feb 2025
410,045 bytes PDF Document; last updated 30 Apr 2024
297,030 bytes PDF Document; last updated 31 Oct 2024
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Management Team
Craig Simpson Tristan Hanson
Craig Simpson
has managed this fund for 6 years .
Craig Simpson, who has more than 15 years experience in the investment industry, joined M&G in 2004 as a portfolio manager. In February 2015, he was appointed Head of Portfolio Management for the Multi Asset team and has been co-deputy manager of the Global Target Return strategy since December 2016 and co-manager of the Episode Growth strategy since December 2019. Before joining M&G, Craig was a trainee fund manager at Equitable Life Assurance and an analyst at Pictet Asset Management. He graduated from the University of Aberdeen with a degree in land economics.
Manager Cumulative Performance v Peer Group
All funds managed by Craig
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| M&G Managed Growth | Co | Dec 2022 |
| M&G Episode Growth | Co | Dec 2019 |
| M&G Managed Growth | Co | Dec 2022 |
| M&G Episode Growth | Co | Dec 2019 |
| M&G Episode Growth | Co | Dec 2019 |
| M&G Managed Growth | Co | Dec 2022 |
| M&G Managed Growth | Co | Dec 2022 |
| M&G Episode Growth | Co | Dec 2019 |
Tristan Hanson
has managed this fund for 8 years and 4 months.
Tristan Hanson has more than 15 years of experience in asset management and was appointed manager of the Global Target Return strategy upon its launch in December 2016, and manager of the M&G Charity Multi Asset strategy in December 2019, after having been deputy fund manager. Tristan joined M&G in April 2016 from Ashburton Investments, where he started in 2008 and was appointed Head of Asset Allocation with responsibility for global multi-asset funds in 2010. He worked as a Strategist at JP Morgan Cazenove between 1999 and 2006, covering equities, fixed income and currencies. Tristan holds a Master in Public Administration in International Development from Harvard University’s Kennedy School of Government and a BA (Hons) in Economics from Durham University. He is a Chartered Fellow of the CISI.
Manager Cumulative Performance v Peer Group