M&G Recovery Fund Sterling I Acc

Name
M&G Recovery Fund Sterling I Acc
Manager
M&G Securities Ltd
Type
Open Ended Investment Company
ISIN
GB00B4X1L373
Sector
UK All Companies
Launched
15/01/2010
OCF
0.81 %
Risk Rating
3
3 Year Sharpe
-0.35
3 Year Alpha
-6.36
Yield
2.5 %
Benchmark
FTSE AllSh TR GBP
This fund aims to achieve long-term capital growth higher than that of an index that is an average of share prices of small companies on the London Stock Exchange, net of charges, over a five-year period. It does so by investing mainly in a diversified range of investments issued by companies which are out of favour, in difficulty or whose future prospects aren’t fully recognised by the market, and that carry out most of their business in the United Kingdom. The fund manager takes a long-term view with a typical holding period of five years or more. Developing a constructive dialogue with company management is a fundamental part of the investment process.
Holding %
BP PLC 7.82 %
HSBC Holdings PLC 6.74 %
Lloyds Banking Group PLC 3.76 %
IWG PLC 3.60 %
Oxford BioMedica PLC 3.40 %
GW Pharmaceuticals PLC ADR 3.21 %
Mesoblast Ltd 2.93 %
Rio Tinto PLC 2.71 %
National Grid PLC 2.38 %
Standard Chartered PLC 2.32 %
Region %
United Kingdom 72.12 %
Australasia 6.63 %
Sector %
Industrials 21.88 %
Financial Services 16.90 %
Basic materials 14.48 %
Healthcare 14.00 %
Energy 11.86 %
Communication Services 7.51 %
Consumer Cyclical 6.04 %
Name
M&G Securities Ltd
Address
EC4R OHH, London, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Tom Dobell
Joined 03/31/2000

Tom Dobell joined M&G in 1992 as a UK equity manager on the segregated pension fund desk where he was responsible for managing assets for 16 pension fund clients. In March 2000, Tom became fund manager of the M&G Recovery Fund. Before joining M&G, he worked for Phillips & Drew (PDFM) as a fund manager within the charity and small pension fund division. Tom graduated from agricultural college in 1986.

Data provided by Morningstar.

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