M&G European High Yield Bond Fund
Stefan Isaacs
Fund manager: Stefan Isaacs
Products available: ISA & OEIC
The Fund aims to maximise total return (the combination of income and growth of capital) while generating a high level of income.
The Fund mainly invests in higher yielding debt instruments denominated in any European currency and will normally be managed to give investors exposure to European currencies. The Fund’s exposure to higher yielding debt instruments may be gained through the use of derivatives. The Fund may also invest in other assets including collective investment schemes, government and public securities and other transferable securities, cash and near cash, deposits, warrants, money market instruments and other derivative instruments which may be denominated in any major global currency. Any non-European currency exposures within the fund may be managed by currency hedges in European currencies.
Stefan Isaacs joined M&G in 2001and was promoted to corporate bond dealer specialising in high yield bonds and structured credit two years later. He joined the fund management team in 2006 as an assistant fund manager covering high yield bonds for retail funds. He was appointed fund manager of the M&G European Corporate Bond Fund in April 2007 and he became fund manager of the M&G European High Yield Corporate Bond Fund in August 2007. Stefan graduated from Manchester Metropolitan University with a degree in International Business and French.
In addition to the fund data that can be found by accessing the menu to the left of this page you may also wish to read the fund key features document which contains further fund information.