M&G EUROPEAN CORPORATE BOND A - Manager
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Average monthly relative returns
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Bestinvest MRI
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07/08
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08/09
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09/10
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10/11
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11/12
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3 years
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5 years
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Career
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3 years
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5 years
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Career
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0.45%
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-0.12%
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0.26%
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-0.14%
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-0.59%
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-0.16%
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-0.03%
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-0.02%
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45.6%
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60.3%
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61.4%
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|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Stefan Isaacs
 "Photo of Stefan Isaacs")
Isaacs joined M&G in 2001 initially in the performance analytics team, moving into the fixed income team as a fund manager's assistant in 2002. In 2003 he was promoted to corporate bond dealer, specialising in high yield bonds and structured credit. Isaacs joined the fund management team in 2006 as an assistant fund manager covering high yield bonds for retail funds. He was appointed fund manager of the M&G European Corporate Bond Fund in April 2007 and became the fund manager of the M&G European High Yield Corporate Bond Fund in August 2007. Isaacs graduated from Manchester Metropolitan University with a degree in International Business and French.
Track record
Stefan Isaacs has 5.1 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.02%.
During the worst period of relative performance (from December 2008 - December 2011) there was a decline of 15% relative to the index. The worst absolute loss has been 18%.
Other funds managed
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Start Date |
M&G HIGH YIELD CORPORATE BOND X
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Sep 2010
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Apr 2007
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| Periods of worst performance |
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Absolute
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-18%
(August 2008 - October 2008)
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|
Relative
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-15%
(December 2008 - December 2011)
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Sector record since
April 2007 (5 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach