M&G CHARIFUND A - Manager
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Find rated uk equity income funds
Average monthly relative returns
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Bestinvest MRI
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07/08
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08/09
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09/10
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10/11
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11/12
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3 years
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5 years
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Career
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3 years
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5 years
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Career
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-0.87%
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0.06%
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-0.29%
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-0.05%
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0.15%
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-0.07%
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-0.20%
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-0.06%
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50.8%
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26.8%
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61.3%
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|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Richard Hughes
 "Photo of Richard Hughes")
Hughes joined M&G in 1986 and is a UK equity income fund manager. He previously worked for Derbyshire County Council for eight years where he was manager of their pension fund. He graduated from Sheffield University with an Honours degree in Accounting and Economics and is an associate of UKSIP.
Track record
Richard Hughes has 10 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.06%.
During the worst period of relative performance (from February 2007 - December 2010) there was a decline of 16% relative to the index. The worst absolute loss has been 44%.
Other funds managed
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Start Date |
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May 2002
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M&G CHARIFUND A
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Jun 2001
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| Periods of worst performance |
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Absolute
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-44%
(May 2007 - March 2009)
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|
Relative
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-16%
(February 2007 - December 2010)
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Sector record since
May 2002 (10 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach