Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

M&G Recovery

Ranked 21 out of 28 in - UK (All Companies) over 12 months
All calculations are in EUR unless stated

Managed by

Tom Dobell

Tom Dobell joined M&G in 1992 and was appointed manager of the flagship M&G Recovery Fund in April 2000. He adopts a bottom-up, stockpicking approach and targets companies with strong fundamental qualities that are out of favour due to temporary setbacks. He also favours firms that are perceived as dull but that own potentially exciting businesses. A graduate from the Agricultural College, Writtle, Dobell crossed over to the City in 1987 when he joined Phillips & Drew's charity and small pension fund division.

Objective

The Fund predominantly invests in a diversified range of securities issued by companies which are out of favour, in difficulty or whose future prospects are not fully recognised by the market. The sole aim of the Fund is capital growth. There is no particular income yield target. Fund focuses on troubled companies where a good management team is making concerted efforts to turn the business around. The fund manager seeks opportunities from across the UK stock market and the portfolio aims to contain a wide and interesting mix of companies.

Showing fund performance in Netherlands View performance globally

Performance

UK (All Companies) over : 31/10/2016 - 31/10/2017
  • Rank 21/28 Total Return
  • Rank 12/28 Standard Deviation
  • Rank 16/28 Max Drawdown

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 4.4% -2.3% 0.8%
2016 2.6% -9.9% -2.9% 7.0% 9.6%
2015 0.5% 11.4% 3.5% -13.6% 0.9%
2014 -3.2% 1.2% 1.0% -2.3% -3.1%
2013 11.9% 1.9% -2.5% 7.4% 4.8%
2012 11.7% 10.0% -2.9% 4.6% 0.0%
2011 -3.4% -1.5% -2.0% -10.0% 11.1%
2010 20.3% 4.1% -2.8% 8.8% 9.3%
2009 52.3% -3.1% 27.7% 14.8% 7.2%
2008 -44.4% -14.9% 2.3% -15.1% -24.8%
2007 2.9% 3.5% 9.8% -4.5% -5.2%
2006 23.5% 10.5% -1.4% 5.2% 7.7%
2005 30.0% 10.6% 4.4% 10.0% 2.3%
2004 13.2% 9.9% 0.6% -0.4% 2.8%
2003 17.3% -14.6% 21.2% 6.6% 6.3%
2002 -22.5% 6.9% -14.2% -13.8% -1.9%
2001 -8.2% -3.8% 8.8% -20.3% 10.1%
2000 -3.0% -1.7% -2.3% 5.6% -4.4%
1999 11.3% -5.2% 13.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Finland
  5. France
  6. Germany
  7. Ireland
  8. Italy
  9. Korea
  10. Luxembourg
  11. Netherlands
  12. Norway
  13. Portugal
  14. Spain
  15. Sweden
  16. Switzerland
  17. Taiwan

Fund Info

  • Launch date29/11/2002
  • Share Class size90Mn
  • Base currencyEUR
  • ISIN GB0032139684

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment40

Charges

  • Annual management1.50%
  • Initial investment5.25

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).