02 Jul 2021
29 Jun 2021 | 
By Jim Leaviss, Fund Manager
As a highly flexible, global bond strategy, we believe the M&G Global Macro Bond Fund is well equipped to navigate the longer-term challenges that continue to face the global economy. The fund has established a long-term performance track record, and has historically proved resilient during previous market downturns. Having demonstrated resilient performance during the pandemic-related sell-off in early 2020, the fund has faced some performance headwinds in 2021 as a result of rising bond yields and an appreciation in sterling. Looking ahead, we have tactically positioned the fund for an expected return of inflation and growth scenario in 2021, with around a quarter of the fund currently held in inflation-linked bonds.
The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.