|Bid Price||-||Offer Price||-|
|Mid Price||GBX 168.72||Day Change||GBX +0.26 (0.15%)|
|Price Date||27 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.88 %|
|Total Expense Ratio||1.69||Fund Size||327,020,000.00|
|Launch Date||17/02/2012||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||1.69|
|ISIN||GB00B6QQDK47||Min TopUp (£)||100.00|
The fund aims to maximise long term capital growth. Income is not a consideration.
Michael Stiasny joined in 1998 as an equity analyst, becoming head of the pan-European equity research team in January 2005. He was appointed deputy fund manager of the M&G Recovery Fund in January 2011. Michael graduated in philosophy, politics and economics from Oxford University. He is also a CFA charterholder.
David Williams is fund manager of the M&G Global Recovery Fund and deputy fund manager of the M&G Recovery Fund. He joined M&G in January 2004, having graduated from the University of Nottingham with a degree in economics. David worked closely with Tom Dobell as a fund managers' assistant for three years prior to becoming deputy fund manager of the M&G Recovery Fund in September 2008. He is a CFA charterholder.