M&G (Lux) Absolute Return Bond Fund EUR CI Acc

The Fund aims to achieve a total return (the combination of income and capital growth) of at least cash plus 2.5% a year, before any charges are taken, in any market conditions and over any three-year period. The Fund aims to achieve this while seeking to minimise the degree to which the value of the Fund fluctuates over time (volatility), while also seeking to limit monthly losses. Managing the Fund’s volatility in this way reduces its ability to achieve returns significantly above 3–month Euribor plus 2.5%.