M&G Optimal Income Fund A GBP/  GB00B1H05155  /

The fund aims to provide a combination of capital growth and income, net of the Ongoing Charge Figure, higher than the average return of the composite index, over any five-year period. The composite index is made up of one third Bloomberg Global Treasury Index GBP Hedged, one third Bloomberg Global Aggregate Corporate Index GBP Hedged and one third Bloomberg Global High Yield Index GBP Hedged. At least 50% of the fund is invested, directly or through derivatives, in bonds of any credit quality and asset-backed securities. These securities can be issued by governments, government-related institutions and companies from anywhere in the world, including emerging markets. These securities can be denominated in any currency. At least 80% of the fund is in sterling or hedged back to sterling. Up to 20% of the fund may be invested in company shares. The fund may also invest in other funds (including funds managed by M&G) and cash or assets that can be turned into cash quickly.

The fund aims to provide a combination of capital growth and income, net of the Ongoing Charge Figure, higher than the average return of the composite index, over any five-year period. The composite index is made up of one third Bloomberg Global Treasury Index GBP Hedged, one third Bloomberg Global Aggregate Corporate Index GBP Hedged and one third Bloomberg Global High Yield Index GBP Hedged.