Fact sheet: M&G Recovery

Fund information

Fund name
M&G Recovery I Acc GBP
Fund company manager
M&G UK
Fund type
OEIC
Fund manager
Richard Hughes
since 01/03/1992
Fund objective
The fund invests at least 80% of the portfolio in companies that are out of favour with the stockmarket where the fund manager believes a good management team is making concerted efforts to turn the business around. The fund’s sole aim is to achieve capital growth. 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.
Benchmark
FTSE All Share
Investment style
Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

23.9 %

1 Year rank in sector

35/274

Sector

UT UK All Companies

Yield

1.0641

Fund size

£ 3.1 b

FE Risk score

98

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    87.96%
  • USA
    4.65%
  • Australia
    3.53%
  • Canada
    2.07%
  • Ireland
    1.09%
  • Financials
    23.08%
  • Industrials
    22.56%
  • Consumer Services
    15.16%
  • Oil & Gas
    12.41%
  • Health Care
    11.78%
  • UK Equities
    99.76%
  • Money Market
    0.24%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.81 %2.65 %22.76 %12.53 %36.47 %
Sector-0.18 %7.19 %16.63 %24.69 %73.92 %
Rank within sector40 / 283270 / 28235 / 274253 / 258244 / 245
Quartile th1 st4 th1 st4 th4 th

Calendar performance

YTD-20172016201520142013
Fund5.18 %20.69 %-4.46 %-8.91 %14.97 %
Sector7.9 %11.16 %3.66 %0.59 %25.66 %
Rank within sector233 / 28015 / 270253 / 262253 / 256246 / 249
Quartile th4 th1 st4 th4 th4 th

Risk statistics

Alpha-3.96
Beta1.03
Sharpe0.02
Volatility10.98
Tracking error5.61
Information ratio-0.7
R-Squared0.74

Price movement

52 week high347.63
52 week low276
Current bid price0
Current offer price0
Current mid price341.82

Holdings by region

  • 87.96% UK
  • 4.65% USA
  • 3.53% Australia
  • 2.07% Canada
  • 1.09% Ireland
  • 0.29% Norway
  • 0.24% Money Market
  • 0.18% India

Holdings by sector

  • 23.08% Financials
  • 22.56% Industrials
  • 15.16% Consumer Services
  • 12.41% Oil & Gas
  • 11.78% Health Care
  • 8.89% Basic Materials
  • 2.45% Technology
  • 1.44% Consumer Goods
  • 1.17% Utilities
  • 0.82% Telecommunications

Holdings by asset type

  • 99.76% UK Equities
  • 0.24% Money Market

Individual holdings

  • 8.1% HSBC HLDGS
  • 7.34% BP
  • 4.65% GW PHARMACEUTICALS
  • 3.44% LLOYDS BANKING GROUP PLC
  • 3.39% PRUDENTIAL PLC
  • 3.26% COATS GROUP PLC
  • 3.04% AVIVA
  • 2.91% CRH
  • 2.64% IWG PLC
  • 2.61% CARNIVAL