M&G Recovery


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M&G RECOVERY
INITIAL CHARGE DISCOUNT REDUCED INITIAL CHARGE
4.00% 4.00% 0.00%

OUR VIEW:

Not only has this fund outperformed over each of the last 5 years, but  in particular in 2007 when many other outstanding managers stumbled. He did this with 60% in large caps.  Put another way, he made good profits by still having 40% in small and midcaps, at a time when they began to underperform the stockmarket as a whole.  The manager Tom Dobell isn't just an investor. He holds stock taking a long view, and see's his role as much as a business partner, looking to be an active investor over years. 


RISK AND YOUR PORTFOLIO:

This is a medium risk UK stockmarket fund, which maintains a decent balance across the whole of the stockmarket.  It is a core holding for growth investors.  


ABOUT THE FUND:

To achieve capital growth, through primarily investing in a diversified range of companies which are going through a difficult period or whose future prospects are not fully recognised by the market.


FUND FACTS:
LAUNCHED FUND SIZE ANNUAL CHARGE FUND MANAGER
09/05/1969 £2,300 million 1.50% Tom Dobell

FUND PERFORMANCE: To 31st March 2009
0-12m 12-24m 24-36m 36-48m 48-60m
-26.12% -1.09% +12.73% +31.62% +18.13%

 

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“What another excellent guide! I do think it gets better and better”, Mr Brennan London read more

 




Dennehy Weller & Co Ltd, 3 High Street, Chislehurst, Kent, BR7 5AB. Tel: 020 8467 1666. Authorised and regulated by the Financial Services Authority (http://www.fsa.gov.uk/register/home.do). FSA Registration No: 114360. Registered in England & Wales, No. 1476316. Registered Office: 303 High Street, Orpington, Kent, BR6 0NN. The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at investors based in the UK.