Convertible bonds have a unique characteristic: they are bonds with the option to be converted into shares. For this reason, it is possible to participate in share price rises while retaining a degree of protection against falls. Key to the performance of the M&G Global Convertibles Fund is a bottom-up, global approach to selecting convertibles based on the assessment of company fundamentals. The fund is managed 'at the money' in order to try and give the best possible risk/reward profile in different market conditions. Both currency-hedged and unhedged share classes are available to investors.
M&G Global Convertibles Fund