| Fund Name | Credit Mix | Term | Launch Date | Last Subscription | Maturity date |
| M&G (Lux) Fixed Maturity Bond High Yield Fund 2031 | Min. 60% Investment Grade Max. 40% High Yield |
5 Years | 24/02/2026 | 07/04/2028 | 07/04/2031 |
| M&G (Lux) Fixed Maturity Bond Fund 5 | Min. 65% Investment Grade Max. 35% High Yield |
4 Years | 07/11/2024 | 05/02/2027 | 06/02/2029 |
These provide a way of investing in a diversified portfolio of bonds that gives investors advance knowledge of the potential return they will receive when the product matures. Such strategies can be of particular interest when bond yields are at attractive levels.
We are able to tailor new launches to meet specific maturity, yield, credit rating and diversification requirements. A dedicated fixed maturity investment team builds and manages the funds, harnessing the expertise of M&G’s large team of experienced credit analysts.
Why M&G?
Source: M&G, AUM as at 30 June 2025 and staff figures as at 30 September 2025.
Why now?
After central banks around the globe hiked interest rates aggressively in the early 2020s, there has been a broader shift towards holding or gently easing interest rates more recently, as they look to balance cooling inflation with the risks of slowing growth.
We believe that yields on eurozone investment grade corporate bonds and high yield bonds may still offer an attractive entry point for fixed maturity products. These can allow investors to ‘lock in’ current yield levels ahead of any further potential declines.
Our Fixed Maturity Bond Capabilities open for subscription
Fixed Maturity Bond Capabilities post subscription period
| Fund name | Credit Mix | Term | Launch Date | Last Subscription | Maturity date |
| M&G (Lux) Fixed Maturity Bond Fund 4 | Min. 70% Investment Grade Max. 30% High Yield |
3 Years | 12/08/2024 | 15/10/2025 | 15/10/2027 |
| M&G (Lux) Fixed Maturity Bond Fund 1 | Min. 80% Investment Grade Max. 20% High Yield |
2 Years | 16/04/2024 | 17/12/2024 | 16/04/2026 |
| M&G (Lux) Fixed Maturity Bond Fund | Min. 60% Investment Grade Max. 40% High Yield |
3 Years | 21/05/2024 | 26/07/2024 | 16/07/2027 |
This is a marketing communication. Please refer to the Prospectus and the KID before making any final investment decision.
Key funds risks
- The value of the Funds may fall if the issuer of a Fixed Income security held is unable to pay income payments or repay its debt (known as a default).
- When interest rates rise, the value of the Funds is likely to fall.
- Investing in emerging markets involves a greater risk of loss due to greater political, tax, economic, foreign exchange, liquidity and regulatory risks, among other factors. There may be difficulties in buying, selling, safekeeping or valuing investments in such countries.
- The risk profile of fixed maturity funds may vary over the term of the Funds, depends on the amount of the security redemptions and the maturity date.
- ESG information from third-party data providers may be incomplete, inaccurate or unavailable, that could lead to an incorrect assessment of a security or result in the incorrect inclusion or exclusion of a security in the portfolio of the funds.
- Please note, investing in this fund means acquiring units or shares in a fund, and not in a given underlying asset such as building or shares of a company, as these are only the underlying assets owned by the fund.
- Further details of the risks that apply to the funds can be found in the funds’ Prospectus.
The views expressed in this document should not be taken as a recommendation, advice or forecast, nor as a recommendation to purchase or sell any particular security.
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested. Where mentioned, past performance is not a guide to future performance.
An explanation of the terms used in this document can be found on the glossary.