New bond targets UK retail investors

Monday, 06 September 2010 12:00

A new corporate bond fund aimed at UK retail investors is being introduced by M&G Investments.

The product, which will invest in fixed interest securities that are likely to improve when inflation is rising, is the first of its kind for the market, the company has claimed.

Government securities and inflation-linked corporate bonds issued by major companies are among the investments that will be carried out by the fund and Jim Leaviss, co-manager of the offering, said it will "allow investors to have exposure to credit yet still protect their returns if high or rising inflation returns to the UK economy".

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