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M&G Strategic Corporate Bond Class X

What are your opinions on bonds future over all and on this specific one?

I ask because I am transfering (selling&buying rather, too small amount in it) this fund from my non ISA account into my ISA account.

It is not doing much currently, appart from falling little bit. Obviously investment is for long term, but given that lots of news predict fall in bond earnings I wonder whether I shall keep it at all and perhaps not buy something else? I can see the argument beind why would they fall.. but obviously not every manager is going to be affected the same! And this fund seem to have good past management... Yes, past is not guaranteed of future, but to me it has a little effect on my decisions as it gives me the assurance that they know what they are doing.. IYKWIM?

I also have M&G High Yield bond, so I would not be bond-less on my portfolio.. I realise it is higher risk, but I can afford to take some risk.

Comments

  • barak
    barak Posts: 1,258 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Any wrote: »
    What are your opinions on bonds future over all and on this specific one?
    Apart from anything else, something to note about this fund is that in spite of its name, it is actually in the Sterling Corporate Bond sector - not the Sterling Strategic Bond sector.

    According to FE Trustnet it currently holds 82.20% Investment Grade Bonds and 7.60% Government Bonds.
    ".....where it is corrupt, purge it....."
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