Fact sheet: Investec Afr Fxd Inc Opps

Fund information
Fund name
Investec Africa Fixed Income Opportunities I Acc USD
Fund manager company
Investec Asset Mgmt Guernsey
Fund type
No data available.
Fund managers
  • Antoon de Klerksince 02/07/2013
  • André Rouxsince 02/07/2013
Fund objective
The Fund aims to provide income and the potential for capital gains over the long term primarily through investment in liquid and illiquid debt securities and currencies.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2%
1 Year rank in sector
190/218
Sector
FO Fixed Int - Emerging Markets
Yield
0.6%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.26%
Fund size
£10m (£10m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
84
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$40.5%
Pictet Lat Am Lcl Cur Dt33.9%
Rubrics Ind Fxd Inc UCITS32.2%
Pioneer SICV-Emg Mkt Bd29%
Schroder ISF EmgMktBd28.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.4%-1.5%2.6%2%-9.6%-
Sector-4.2%-3.4%2.8%6%-0.2%6.2%
Rank within sector49 / 22757 / 22584 / 223190 / 218126 / 168-
Quartile1st2nd2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund4%-11.5%-1.8%--
Sector8.4%-7.3%-0.6%-7%14.7%
Rank within sector191 / 220160 / 203114 / 173--
Quartile4th4th3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-2.44
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.46
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.73
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.06
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.45
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.33
Price movement
52 week high19.03
52 week low17.22
Current bid price-
Current offer price-
Current mid price18.48
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Investec
Fund manager company
Investec Asset Mgmt Guernsey
Fund type
No data available.
Fund objective
The Fund aims to provide income and the potential for capital gains over the long term primarily through investment in liquid and illiquid debt securities and currencies.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Antoon de Klerk02/07/2013Antoon is an investment specialist in the Global Emerging Market Debt team and a portfolio manager. Antoon joined the Investec Group in 2005 as part of the Investec chartered accountant (TOPP) Programme. After spending time in accounts and investment banking, where he was involved with merger and acquisition advisory work, he joined Investec Asset Management in 2006. Antoon holds a Masters degree (cum laude) in economics and an honours degree in accounting from the University of Stellenbosch and is CA (SA). Antoon studied in Germany as part of his post-graduate economic studies.
André Roux02/07/2013André is the co-head of Emerging Market Fixed Income at Investec Asset Management. He is responsible for South Africa fixed income. Prior to joining the firm in 1999, André was the deputy director general of the Department of Finance, where he took responsibility for macroeconomic, fiscal and tax policy and intergovernmental fiscal relations. Prior to that, André spent two years at the Development Bank of Southern Africa. This followed a distinguished academic career during which he published on fiscal and development issues. André holds a Master of Philosophy (Economics) degree from Cambridge University, a Master of Science (Mathematics) degree from Oxford University and a Bachelor’s degree from the University of Cape Town.
Compliance
Reporting Fund Status, UCITS III Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Denmark, United Kingdom, Guernsey, Ireland, Netherlands, Offshore, Sweden
Investec Africa Fixed Income Opportunities B Acc USD
Initial charge5%
Annual charge0.7%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price18.839
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJPPQ
Investec Africa Fixed Income Opportunities B Inc USD
Initial charge5%
Annual charge0.7%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price13.386
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJPPP
Investec Africa Fixed Income Opportunities I Acc USD
Initial charge5%
Annual charge1%
Min single investment£10,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price18.476
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJEMP
Investec Africa Fixed Income Opportunities I Hedged Acc GBP
Initial charge5%
Annual charge1%
Min single investment£10,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJEMO
Investec Africa Fixed Income Opportunities I Hedged Inc GBP
Initial charge5%
Annual charge1%
Min single investment£10,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJEMN
Investec Africa Fixed Income Opportunities S Acc USD
Initial charge10%
Annual charge-
Min single investment£100,000,000
Min regular saving£50,000,000
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)0.16%
Bid price-
Offer price-
Mid price19.173
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJEMQ
Data provided by

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