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M&G Recovery

Ranked 173 out of 255 in - UK (All Companies) over 12 months
All calculations are in GBP unless stated

Managed by

Tom Dobell

Tom Dobell joined M&G in 1992 and was appointed manager of the flagship M&G Recovery Fund in April 2000. He adopts a bottom-up, stockpicking approach and targets companies with strong fundamental qualities that are out of favour due to temporary setbacks. He also favours firms that are perceived as dull but that own potentially exciting businesses. A graduate from the Agricultural College, Writtle, Dobell crossed over to the City in 1987 when he joined Phillips & Drew's charity and small pension fund division.

Objective

The Fund aims to provide a higher total return than that of the FTSE All-Share Index over any five-year period. At least 80% of the Fund is invested directly in equity securities and equity-related securities of companies across any sectors and market capitalisations that are incorporated, domiciled or listed in the UK. Recovery investing focuses on companies that have experienced difficulties but have the potential to deliver returns for shareholders through their turnaround over the long term.The Fund looks to benefit from the markets inefficiency in valuing companies going through short-term challenges.

Showing fund performance in United Kingdom View performance globally

Performance

UK (All Companies) over : 31/03/2018 - 31/03/2019
  • Rank 173/255 Total Return
  • Rank 241/255 Standard Deviation
  • Rank 221/255 Max Drawdown
Fund Name Currency Risk
239 MIRABAUD-UK Equity High Alpha-A Dist-GBP GBP

16.9

240 GVQ UK Focus I GBP

17.1

241 M&G Recovery A Inc GBP

17.3

242 Artemis UK Select R Acc GBP

17.4

243 SVM UK Growth A GBP

17.5

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 10.4%
2018 -16.0% -8.5% 10.6% -0.8% -16.3%
2017 10.7% 4.3% 0.1% 1.3% 4.7%
2016 19.9% -3.2% 1.6% 11.5% 9.3%
2015 -5.1% 3.8% 1.5% -10.4% 0.6%
2014 -9.5% 0.7% -2.4% -5.1% -3.0%
2013 14.3% 5.8% -1.2% 4.7% 4.4%
2012 8.9% 9.5% -6.0% 3.5% 2.1%
2011 -6.2% 0.9% 0.4% -13.8% 7.4%
2010 16.6% 4.1% -10.6% 14.2% 9.8%
2009 41.2% -6.1% 17.1% 22.5% 4.7%
2008 -27.4% -7.9% 2.0% -14.7% -9.4%
2007 12.6% 4.7% 8.8% -0.9% -0.3%
2006 20.8% 12.1% -2.0% 2.9% 6.8%
2005 26.8% 7.9% 2.1% 11.8% 3.0%
2004 13.8% 3.8% 1.4% 1.8% 6.1%
2003 28.3% -9.4% 21.7% 7.7% 8.1%
2002 -17.4% 7.2% -9.3% -16.4% 1.6%
2001 -10.4% -4.7% 5.4% -17.9% 8.7%
2000 -1.9% -5.2% 3.2% -0.5% 0.7%
1999 22.8% 9.8% 9.0% -6.3% 9.6%
1998 1.5% 17.3% -3.3% -17.7% 8.9%
1997 18.5% 2.0% 2.2% 15.2% -1.2%
1996 11.3% 7.3% 0.1% 2.3% 1.2%
1995 18.5% 1.8% 5.9% 8.4% 1.5%
1994 -3.1% 1.0% -5.0% 1.8% -0.7%
1993 40.1% 12.8% 8.1% 6.5% 7.9%
1992 24.8% 3.5% 8.1% -5.7% 18.2%
1991 7.2% 17.6% -6.5% 10.9% -12.1%
1990 -19.9% -5.5% 1.8% -21.4% 6.1%
1989 24.0% 13.8% 6.2% 2.4% 0.2%
1988 19.1% 3.1% 10.8% 1.3% 3.0%
1987 25.8% 28.9% 20.6% 8.7% -25.5%
1986 49.5% 28.5% 10.5% -5.3% 11.2%
1985 27.6% 11.9% -0.5% 9.6% 4.6%
1984 33.5% 26.1% -12.5% 10.4% 9.6%
1983 44.0% 13.1% 13.9% 3.9% 7.6%
1982 -3.5% 2.6% -7.7% -6.1% 8.4%
1981 18.5% 15.1% 3.5% -16.8% 19.6%
1980 16.9% 5.1% 11.7% -0.3% -0.1%
1979 22.0% 25.5% -0.9% 5.7% -7.3%
1978 26.6% 1.0% 5.7% 17.2% 1.2%
1977 112.7% 43.2% 15.5% 18.2% 8.8%
1976 -1.4% 8.7% -7.0% -10.0% 8.3%
1975 68.4% 39.6% -7.1% 10.9% 17.1%
1974 -36.5% -10.5% -10.4% -11.9% -10.2%
1973 -17.3% -5.7% 4.2% -2.8% -13.5%
1972 38.4% 29.1% -7.4% -3.4% 19.9%
1971 59.6% -1.1% 8.8% 20.8% 22.7%
1970 0.6% 5.0% -8.4% 13.1% -7.6%
1969 2.5% 11.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/03/2019

Top 10 Holdings

Stock Size
BP PLC ORD 8.81%
HSBC Holdings PLC ORD 7.68%
GW Pharmaceuticals PLC DR 6.13%
Lloyds Banking Group PLC ORD 3.53%
Tullow Oil PLC ORD 3.02%
Oxford BioMedica PLC ORD 2.89%
CRH PLC ORD 2.71%
First Quantum Minerals Ltd ORD 2.65%
Rio Tinto PLC ORD 2.50%
EI Group PLC ORD 2.47%
28/02/2019

Registered For Sale In

  1. Germany
  2. Switzerland
  3. United Kingdom

Fund Info

  • Launch date23/05/1969
  • Share Class size2,345Mn
  • Base currencyGBP
  • ISIN GB0031289100

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment100

Charges

  • Annual management1.50%
  • Initial investment4.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).