M&G (Lux) Global Floating Rate High Yield Fund JI H GBP Inc
ISIN LU2338003176 / Valor 11139205
M&G (Lux) Global Floating Rate High Yield Fund JI H GBP Inc
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M&G (Lux) Glb Fl Rt HY Fd primarily invests at least 70% of its portfolio in high yield floating rate notes issued by companies with lower credit ratings, aiming to earn higher interest in exchange for increased risk. Additionally, the fund includes other fixed income assets like government bonds to diversify its holdings. To enhance its investment exposure, M&G (Lux) Glb Fl Rt HY Fd uses both physical investments and derivatives, and it may employ leverage up to three times its net asset value in typical market conditions. This combination is designed to achieve capital growth and income by targeting returns above the global floating rate high yield bond market.
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