Fact sheet: Investec American

Fund information
Fund name
Investec American I Acc GBP
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund managers
  • Alessandro Dicorradosince 01/03/2016
Fund objective
The Fund aims to achieve long term capital growth primarily through investment in a portfolio of equities issued by USA companies and in derivatives the underlying assets of which are equities issued by USA companies.
Benchmark
  • S&P 500
Investment style
None
Investment method
Shares
Quick stats
1 Year return
37.5%
1 Year rank in sector
5/82
Sector
UT North America
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.
0.85%
Fund size
£114m (£105m 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.
108
Mid price
199.62
Top in this sector
Fund name1 Year
VT De Lisle America49.7%
CF Canlife North American43.6%
Aviva Inv US Equity Income39%
Aviva Inv US Eq Inc II38.3%
Investec American37.5%
...more in UT North America

Performance snapshot

Holdings snapshot

  • USA91.4%
    Money Market7.1%
    Ireland1.5%
  • Financials27.8%
    Information Technology16.4%
    Industrials16.3%
    Health Care12.1%
    Consumer Discretionary11.3%
  • US Equities91.4%
    Money Market7.1%
    Irish Equities1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8%11.8%25.2%37.5%67.5%108.1%
Sector3.5%5.8%18.3%26.2%55.9%117.2%
Rank within sector3 / 902 / 883 / 845 / 828 / 7350 / 64
Quartile1st1st1st1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund35.3%1.9%19.3%26.8%-0%
Sector23.9%4.9%17.8%30.5%6.9%
Rank within sector4 / 8268 / 8032 / 7359 / 6664 / 64
Quartile1st4th2nd4th4th
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.
4.03
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.
0.92
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.
1.37
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%.
11.39
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.
4.62
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.
0.59
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.
0.84
Price movement
52 week high207.13
52 week low132.57
Current bid price-
Current offer price-
Current mid price199.62
Region
1USA91.4%
2Money Market7.1%
3Ireland1.5%
Industry sector
1Financials27.8%
2Information Technology16.4%
3Industrials16.3%
4Health Care12.1%
5Consumer Discretionary11.3%
6Money Market7.1%
7Consumer Staples6.8%
8Energy2.2%
Asset type
1US Equities91.4%
2Money Market7.1%
3Irish Equities1.5%
Individual holdings
1BANK OF AMERICA CORP5.8%
2CITIGROUP INC5.5%
3DEERE & CO5.4%
4MICROSOFT CORP5.2%
5AMERICAN EXPRESS CO5%
6MANITOWOC FOODSERVICE INC4.7%
7WASHINGTON FEDERAL INC4.4%
8JOHNSON & JOHNSON3.9%
9LEUCADIA NATIONAL CORP3.6%
Management
Fund manager group
Investec
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund objective
The Fund aims to achieve long term capital growth primarily through investment in a portfolio of equities issued by USA companies and in derivatives the underlying assets of which are equities issued by USA companies.
Benchmark
  • S&P 500
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Alessandro Dicorrado01/03/2016Alessandro is a portfolio manager within the Value team at Investec Asset Management. Since January 2016, he assumed co-portfolio management of the Investec Global Special Situations and Investec Global Value Equity strategies. In 2011, Alessandro joined Investec Asset Management as an analyst in the Value team. Previously he worked at JP Morgan Chase & Co as a fixed income derivatives salesperson in London. He graduated from UCL in 2004 with a Bachelor of Science (Hons.) degree in Economics and holds a Master’s degree in Finance from the London Business School. He has passed level three of the CFA Programme.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Chile, Germany, United Kingdom, Luxembourg, Netherlands
Investec American A Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price302.78
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIF97
Investec American A Acc USD
Initial charge-
Annual charge1.5%
Min single investment£100,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price385.77
CurrencyUSX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIY95
Investec American A Hedged Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.64%
Bid price-
Offer price-
Mid price194.85
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFAV5
Investec American B Acc GBP
Initial charge-
Annual charge1.25%
Min single investment£10,000,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price312.42
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGO47
Investec American I Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price199.62
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAEE9
Investec American R Acc GBP
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price201.96
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3YB
Investec American S Acc GBP
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£1,000,000
Available in ISAYes
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price238.73
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI208
Data provided by

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