M&G have announced that the M&G Sustainable Global High Yield Bond fund will be renamed M&G ESG Screened Global High Yield Bond. M&G have stated the following:
"We will rename the Fund M&G ESG Screened Global High Yield Bond Fund. The changes, which will become effective on Friday 14 February 2025, are being made as a result of new regulations issued by the UK financial services regulator, the Financial Conduct Authority ("FCA") and aim to clarify the Fund's sustainability characteristics within its Prospectus and Key Investor Information Document (KIID). A Consumer-Facing Disclosure (CFD) document summarising the Fund's sustainable investing approach will also be introduced. Please note that the Fund will continue to be managed in the same way. The Fund will continue to apply ESG Criteria, and there will be no change to its risk profile."
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- uploaded - 02 January 2025
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