M&G Recovery
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| M&G RECOVERY |
| INITIAL CHARGE |
DISCOUNT |
REDUCED INITIAL CHARGE |
| 4.00% |
4.00% |
0.00% |
| OUR VIEW: |
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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.
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| RISK AND YOUR PORTFOLIO: |
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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.
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| ABOUT THE FUND: |
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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.
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| 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% |