|Bid Price||-||Offer Price||-|
|Mid Price||GBX 197.23||Day Change||GBX +0.27 (0.14%)|
|Price Date||18 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.53 %|
|Total Expense Ratio||1.17||Fund Size||326,740,000.00|
|Launch Date||17/02/2012||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||1.17|
|ISIN||GB00B7MYFM53||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.