Skip to content

Important information

  • The Fund invests primarily in high yield floating rate notes globally, including emerging markets.
  • Investments in fixed income securities are subject to interest rate, volatility, credit, sovereign and downgrade risks etc. Investments in below investment grade, unrated and/or high yielding debt instruments are subject to lower liquidity, higher volatility and greater risk of loss of principal and interest than high-rated debt securities.
  • The Fund invests in certain emerging markets and may be subject to liquidity, volatility, political, tax, economic and foreign exchange risks.
  • The Fund may invest in financial derivative instruments. Investors should note exposure to derivatives may involve additional risks (e.g. counterparty, liquidity, volatility, leverage and over-the-counter transaction risks).
  • The Fund may invest in investments denominated in currencies other than the Fund's base currency and subject to currency and exchange risk. The Fund may use derivatives to hedge currency risk. The use of derivatives may not be effective in offsetting the change in value of the currency.
  • Certain share classes of the Fund may make distributions out of capital. Payment of dividends out of capital and/or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distribut ions may result in an immediate reduction of the NAV of the share class on the ex-dividend date.
  • Investors should not rely solely on this material and should read the offering documents of the Fund for further details including the risk factors.

Overview

Fund description

The fund aims to provide a combination of capital growth and income that is higher than that of the global floating rate high yield bond market (as measured by the ICE BofAML Global Floating Rate High Yield Index (3% constrained) USD Hedged) over any five-year period. At least 70% of the fund is invested in high yield floating rate notes (FRNs), focusing on FRNs issued by companies with a low credit rating, which typically pay higher levels of interest to compensate investors for the greater risk of default. Part of the fund may be invested in other fixed income assets, such as government bonds. Asset exposure is gained through physical holdings and the use of derivatives.

Key Facts

Key Documents

Historic Prices

Fund Facts

Performance

Performance information for this fund can be found in the fund factsheet.

Documents


This website is intended for residents of Hong Kong. Non-Hong Kong residents are responsible for observing all applicable laws and regulations of their relevant jurisdictions before proceeding to access the information contained herein.

This website is general in nature and is for information purposes only. It is not a solicitation, offer or recommendation of any security, investment management or advisory service. It does not constitute investment, tax or legal advice. Investors are advised to seek independent advice before making any investment decision.

Investment involves risk. Past performance is not indicative of future performance. The value and income from the fund's assets can fluctuate and is not guaranteed. Investors may not get back the amount they invested.  Investment returns not denominated in US/HK dollar will expose US/HK dollar-based investors to exchange rate fluctuations. Fund performance will be available after the Fund has attained a 6-month investment track record. Where no past performance is shown there was insufficient data available in that period to provide performance. All periods longer than one year are annualised. M&G (Lux) Investment Funds 1 has appointed M&G Investments (Hong Kong) Limited as the Hong Kong Representative. Please refer to the offering documents for further details including the risk factors.

The website is issued by M&G Investments (Hong Kong) Limited and has not been reviewed by the Securities and Futures Commission.