M&G Recovery Fund A
| TOTAL AMOUNT SAVED ON CHARGES ON A £10,200 INVESTMENT IS £408 |
| Your Standard Initial Charge after Discount | Nil |
| Normal Standard Initial Charge | 4.00% |
| Annual Management Charge | 1.50% |
| Additional Charges & Expenses | 0.17% |
The approach of investing in companies generally unloved by the stockmarket but where the manager believes there is recovery potential has not changed since the fund was launched almost 40 years ago.
The current manager, Tom Dobell, has continued to apply this approach since his appointment in 2000 and has been very successful in doing so.
IMA Sector: UK All Companies.
In 2008, this fund won Best UK Mid-Cap / All Cap Equity Fund Award.
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