Fact sheet: M&G PP Recovery Pn

Fund information
Fund name
M&G PP Recovery Pn
Fund manager company
M&G
Fund type
Pension Fund
Fund manager
  • Tom Dobellsince 21/05/2000
No data available.
Fund objective
The fund seeks to invest in companies which are out of favour, in difficulty or whose prospects are not fully recognised by themarket and where management is working to turn the business around. The fund invests primarily in the shares ofUK listed companies but can also invest a limited amount in the shares of overseas companies and UK government bonds. The fund is activelymanaged against its benchmark, the FTSE All-Share Index.
Benchmark
  • FTSE All Share TR
Investment style
None
Investment method
Shares
Quick stats
1 Year return
20.3%
1 Year rank in sector
15/845
Sector
PN UK All Companies
Yield
-
Fund size
£433m (£466m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
99
Bid price
40.35
Offer price
40.88
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn50.2%
Fidelity UBS UK Select Pn31.2%
Halifax IM UK Growth Pn30.9%
CM UBS UK Opportunities Pension30.7%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK99.6%
    Money Market0.4%
  • Industrials20.9%
    Financials18.6%
    Consumer Services15.2%
    Health Care14.1%
    Oil & Gas13.9%
  • UK Equities99.6%
    Money Market0.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.2%8.1%16.4%20.3%6.6%32.7%
Sector2.1%0.1%7.1%8.2%16.6%60%
Rank within sector37 / 86721 / 86413 / 86315 / 845743 / 807725 / 758
Quartile1st1st1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund18.6%-4.4%-8.8%16.8%9.6%
Sector7.1%4.4%0.6%24.2%15.4%
Rank within sector19 / 845799 / 833794 / 808729 / 787646 / 760
Quartile1st4th4th4th4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-3.11
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.97
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.87
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
5.38
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.62
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.75
Price movement
52 week high39.59
52 week low28.67
Current bid price40.35
Current offer price40.88
Current mid price-
Region
1UK99.6%
2Money Market0.4%
Industry sector
1Industrials20.9%
2Financials18.6%
3Consumer Services15.2%
4Health Care14.1%
5Oil & Gas13.9%
6Basic Materials10%
7Technology3.2%
8Consumer Goods1.8%
9Utilities1.5%
Asset type
1UK Equities99.6%
2Money Market0.4%
Individual holdings
No data available.
Management
Fund manager group
M&G
Fund manager company
M&G
Fund type
Pension Fund
Fund objective
The fund seeks to invest in companies which are out of favour, in difficulty or whose prospects are not fully recognised by themarket and where management is working to turn the business around. The fund invests primarily in the shares ofUK listed companies but can also invest a limited amount in the shares of overseas companies and UK government bonds. The fund is activelymanaged against its benchmark, the FTSE All-Share Index.
Benchmark
  • FTSE All Share TR
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Tom Dobell21/05/2000Tom 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
M&G PP Recovery Pn
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price40.35
Offer price40.88
Mid price-
CurrencyGBP
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codePD57
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.