European Specialist Investment Funds - M&G Total Return Credit Investment Fund WI EUR Inc
ISIN LU2377005892 / Valor 11325474
European Specialist Investment Funds - M&G Total Return Credit Investment Fund WI EUR Inc
UMushroom community rating:
General Objective
The M&G Total Return Credit Investment Fund aims to provide a total return of the 1-Month EURIBOR plus 3-5% (gross of fees per annum) over any five-year period. The benchmark is used solely to measure the fund's performance and does not constrain the portfolio construction.
Fund Exposure
The fund invests at least 70% of its Net Asset Value in corporate and government bonds, cash and cash equivalents, Asset-Backed Securities, and preference shares denominated in any currency. Issuers of these securities may be located in any country, including emerging markets. At least 75% of the fund's assets will be denominated in EUR or hedged back to EUR.
Risks
The risks associated with this fund include market risk, credit risk, interest rate risk, currency & exchange rate risk, derivatives risk, counterparty risk, below investment grade debt securities risk, asset-backed securities risk, and contingent convertible debt securities risk. These risks may cause fluctuations in the value of investments and potential loss of capital.
Source
https://www.mandg.com/investments/professional-investor/de-de/funds/mg-european-credit-investment-fund/lu2255705829
Ratings & reviews
OTHER SHARE CLASSES OF THIS FUND
