However, persistent weakness in the US dollar has been acting as a significant headwind to investors outside the US. The M&G Global Convertibles Fund has experienced some disappointing stock selection outcomes in recent months, which have weighed on performance. Nonetheless, the M&G convertibles team remains optimistic that its unconstrained stockpicking approach will be able to generate healthy returns once again.
The value of investments will fluctuate, which will cause fund prices to fall as well as rise and you may not get back the original amount you invested.
Read the article