M&G High Yield Corporate Bond \nFund
Jim Leaviss
Fund manager: Jim Leaviss
Products available: ISA & OEIC
The Fund is designed to maximise total return (the combination of income and growth of capital) while generating a high level of income.
The Fund invests predominantly in higher yielding corporate debt instruments which may be denominated in sterling, European currencies and other major global currencies, should the investment managers deem them to be appropriate investments. The Fund’s exposure to higher yielding corporate debt instruments may be gained through the use of derivatives and any currency exposures within the Fund may be managed by currency hedges into sterling. 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.
Jim Leaviss joined M&G in 1997. He is a fund manager and head of retail fixed interest. After graduating in 1992, Jim joined the Bank of England as an analyst of monetary statistics and PSBR. He later moved within the Bank to become a gilt and money market trader, a position he occupied for three years. Jim graduated from Manchester University with a BA in economics. He is a member of UKSIP.
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.