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£ Strategic Bond not investing in Sterling?
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Lokolo
Posts: 20,861 Forumite
Ok so was looking around the place and this post:
http://forums.moneysavingexpert.com/showpost.html?p=19516521&postcount=37
and Bobborino says that £ Strat Bonds invest at least 80% of their assets into sterling denominated (or backed - which I also don't understand).
Looking at this fund:
http://www.morningstar.co.uk/uk/snapshot/snapshot.aspx?lang=en-GB&id=F0000000VW
M&G Optimal Income Fund A (according to every site, is GBP Strat Bond)
Only 50% in UK, 25% USA, 20% USA, 5% elsewhere...
Can someone explain why I am looking at this wrong..? :beer:
http://forums.moneysavingexpert.com/showpost.html?p=19516521&postcount=37
and Bobborino says that £ Strat Bonds invest at least 80% of their assets into sterling denominated (or backed - which I also don't understand).
Looking at this fund:
http://www.morningstar.co.uk/uk/snapshot/snapshot.aspx?lang=en-GB&id=F0000000VW
M&G Optimal Income Fund A (according to every site, is GBP Strat Bond)
Only 50% in UK, 25% USA, 20% USA, 5% elsewhere...
Can someone explain why I am looking at this wrong..? :beer:
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