The Fund aims to achieve long-term growth through investing in UK companies.
We invest in companies we believe are currently undervalued by the market, but which have the potential to ‘recover’ and rise in value over the long term.
The fund focuses on corporate recovery and is therefore not dependent on market trends or economic conditions.
38 years of impressive performance
1.0% total return (the combination of income and growth of capital) over the past 12 months, compared with -8.5% for the IMA UK All Companies Sector.
59.1% over the past three years compared with its sector which only returned 37.2%.
145.4% over the past five years compared with its sector which returned 89.4%.
Single year performance (5 years ending April)
From
To
30.04.07
30.04.08
28.04.06
30.04.07
29.04.05
28.04.06
30.04.04
29.04.05
30.04.03
30.04.04
M&G Recovery Fund
1.0%
13.1%
39.4%
14.2%
35.1%
IMA All Companies Sector
-8.5%
12.4%
33.5%
8.8%
27.0%
Please remember that you should not base decisions on past performance, prices may fluctuate and you may not get back your original investment.
Source of all performance figures: Morningstar Inc., and M&G Statistics, bid to bid, net income reinvested, Sterling Class A Shares as at 30 April 2008.
Issued by M&G Securities Limited and M&G Financial Services Limited which are subsidiaries of M&G Limited. M&G Limited is incorporated and registered in England. Registered Office: Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 1048359. Registered for VAT, number GB 235 3237 81. Both M&G Securities Limited and M&G Financial Services Limited are authorised and regulated by the Financial Services Authority and provide ISAs and other investments. M&G Securities Limited is registered on the FSA's register, No. 122057 (www.fsa.gov.uk/register - opens new window). Registered Office Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 90776. M&G Financial Services Limited is registered on the FSA's register, No. 122058 (www.fsa.gov.uk/register - opens new window). Registered Office Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 923891. Both companies are registered for VAT, number 235323781.
