The R&M UK Long Term Recovery fund offers investors access to a portfolio of multi cap stocks. Using a proprietary system the manager seeks to identify stocks that meet his recovery criteria of a turnaround in company profitability over the longer term. He defines a recovery stock as a company with a strong business franchise, a depressed level of profits and showing clear signs of recovering those profits to a more normal level.
We like this fund as it is managed by an experienced fund manager, who through his career has always had a focus on investing in UK equities. This coupled with a strong performance track record over the longer term gives us confidence in his stock picking abilities.