M&G Recovery Fund Sterling A Acc

Performance History30/06/2020
Growth of 1,000 (GBP) Advanced Graph
M&G Recovery Fund Sterling A Acc
Fund19.810.7-16.07.5-22.0
+/-Cat9.5-5.4-3.8-16.2-3.7
+/-B’mrk3.0-2.4-6.5-11.6-4.5
 
Key Stats
NAV
10/07/2020
 GBX 240.69
Day Change -0.89%
Morningstar Category™ UK Flex-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB0031289217
Fund Size (Mil)
10/07/2020
 GBP 1429.41
Share Class Size (Mil)
10/07/2020
 GBP 358.52
Max Initial Charge -
Ongoing Charge
07/07/2020
  1.31%
Morningstar Research
Analyst Report

Reduced analytical resources, combined with implementation issues and a mediocre long-term track-record, have led to a downgrade in the Morningstar Analyst Rating of M&G Recovery's I Acc share class to Neutral from Bronze. All other share classes...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentAverage
ProcessBelow Average
Performance
Price
Investment Objective: M&G Recovery Fund Sterling A Acc
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.
Returns
Trailing Returns (GBP)10/07/2020
YTD-22.26
3 Years Annualised-9.53
5 Years Annualised-3.52
10 Years Annualised1.13
12 Month Yield 1.96
Management
Manager Name
Start Date
Tom Dobell
31/03/2000
Inception Date
23/05/1969
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPFTSE AllSh TR GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  M&G Recovery Fund Sterling A Acc30/06/2020
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.780.0099.78
Bond0.000.000.00
Property0.000.000.00
Cash0.240.030.22
Other0.000.000.00
Top 5 Regions%
United Kingdom65.48
Australasia14.03
Asia - Developed4.10
Eurozone3.95
Europe - ex Euro3.47
Top 5 Sectors%
Healthcare23.09
Basic Materials17.30
Industrials16.98
Financial Services12.20
Energy9.73
Top 5 HoldingsSector%
Mesoblast LtdHealthcareHealthcare7.93
BP PLCEnergyEnergy6.85
HSBC Holdings PLCFinancial ServicesFinancial Services4.75
Oxford BioMedica PLCHealthcareHealthcare4.57
Rio Tinto PLCBasic MaterialsBasic Materials4.12
M&G Recovery Fund Sterling A Acc

Related

In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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