M&G Recovery GBP I Acc (FUND:B4X1L37) - Fund price


Fund Report

M&G Recovery Fund Sterling I Acc

Key Stats
Morningstar® CategoryUK Flex-Cap Equity
Manager NameTom Dobell
Inception Date15/01/2010
NAV 20/09/2019GBX 334.05
Day Change0.44%
12 Month Yield2.06%
ISINGB00B4X1L373
Dividend FrequencySemi-Annually
Net Assets (mil) 31/08/20192,113.40 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.81%
AMC0.81%
Fund Rebate-

Morningstar Rating™

1 Star

Morningstar Sustainability Rating

Low

Low


Sustainability Rating as of 31/07/2019

Benchmarks

Fund Benchmark

FTSE AllSh TR GBP

Morningstar® Benchmark

FTSE All Share TR GBP

Morningstar Analyst Rating™

Bronze

Growth Of 10,000 (GBP) 31/08/2019

How has this security performed
201420152016201720182019
Fund-8.91-4.4620.6911.54-15.336.62
Category0.146.9110.3216.12-12.1811.16
Benchmark1.180.9816.7513.10-9.4711.12
  • Fund: M&G Recovery Fund Sterling I Acc
  • Category: UK Flex-Cap Equity
  • Benchmark: FTSE All Share TR GBP
Trailing Returns % (GBP) 20/09/2019
FundCatBmark
YTD8.8414.5913.85
3 Years Annualised4.635.896.88
5 Years Annualised2.146.186.03
10 Years Annualised4.609.058.11

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

This fund aims to achieve long-term capital growth higher than that of the FTSE All Share, net of charges, over a five-year period. It does so by investing mainly in a diversified range of investments issued by companies which are out of favour, in difficulty or whose future prospects aren’t fully recognised by the market, and that carry out most of their business in the United Kingdom. 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.

Portfolio Profile31/08/2019

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
BP PLC Energy8.33
DecreaseHSBC Holdings PLC Financial Services7.14
DecreaseGW Pharmaceuticals PLC ADR Healthcare4.70
New since last portfolioIwg Gbp Ord Not Classified3.75
EI Group PLC Consumer Cyclical3.33
Asset Allocation %
LongShortNet
Stocks99.260.0099.26
Bonds0.000.000.00
Cash0.750.010.74
Other0.000.000.00
Top Stock Regions
Region%
United Kingdom73.75
United States6.71
Australasia5.73
Asia - Emerging3.44
Asia - Developed3.32
Top Stock Sectors
Stock Sector%
Industrials18.29
Financial Services16.18
Basic Materials15.86
Consumer Cyclical15.61
Energy14.64
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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