
Fund manager: Stefan Isaacs
Products available: ISA & OEIC
The Fund invests mainly in investment grade corporate bonds denominated in any European currency, as well as in European currency denominated high yield corporate bonds and government and other public securities. The Fund aims to maximise total return (the combination of income and growth of capital) while generating a higher level of income than that from European government bonds of similar maturities.
The Fund invests mainly in investment grade (AAA-BBB) euro-denominated corporate bonds to ensure diversification. The fund manager aims to hold 125 securities in the portfolio. Sector allocation is of equal importance to stock selection.
Stefan joined M&G in 2001 initially in the performance analytics team, moving into the fixed income team as a fund managers assistant in 2002. In 2003 Stefan was promoted to corporate bond dealer, specialising in high yield bonds and structured credit. He joined the fund management team in 2006 as an assistant fund manager covering high yield bonds for retail funds. Stefan was appointed fund manager of the European Corporate Bond Fund in April 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.