TER concern on Woolnough's £4.19bn Corporate Bond fund

katrina Baugh
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Morningstar has praised M&G's Richard Woolnough for effectively managing the rapid growth of his Corporate Bond fund but has expressed concerns the fund's TER is well above the category median.

The £4.19bn fund has now been awarded a ‘Superior' rating from the agency which highlighted Woolnough's ability to shift the fund's very large book of assets at key turning points. These included the...

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