Fact sheet: Investec Enhanced Nat Res

Fund information
Fund name
Investec Enhanced Natural Resources I Acc GBP
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund managers
  • Tom Nelsonsince 31/03/2015
  • George Cheveleysince 30/04/2008
Fund objective
The Fund aims to achieve long term capital growth primarily through investment in securities issued by companies around the globe that are expected to benefit from a long term increase in the prices of commodities and natural resources, and in related derivatives.
Benchmark
  • MSCI ACWI Select Natural Resources Capped Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
57%
1 Year rank in sector
11/123
Sector
UT Specialist
Yield
1.1%
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.
0.92%
Fund size
£100m (£89m 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.
130
Mid price
132.77
Top in this sector
Fund name1 Year
MFM Junior Gold124.7%
WAY Charteris Gd Prcsml113.7%
CF Ruffer Gold87%
Smith & Williamson GblGld&Res82.3%
Investec Global Gold77.4%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • USA37%
    Australia15.6%
    Canada8.6%
    Norway7.5%
    UK6.1%
  • Oil & Gas Exploration & Production19.9%
    Mineral Extraction19.4%
    Oil & Gas - Integrated15.1%
    Foods8.1%
    Gold8.1%
  • Commodity & Energy98.3%
    Money Market1.7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.3%17.4%34.5%57%19.6%9.2%
Sector-3.7%0.1%10.5%17.2%14.5%27%
Rank within sector3 / 1241 / 1254 / 12511 / 12348 / 11465 / 91
Quartile1st1st1st1st2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund57.9%-20.3%-4%-3.8%-3.4%
Sector18.6%-4.5%1.2%4.5%7.5%
Rank within sector13 / 124103 / 11991 / 11586 / 10580 / 91
Quartile1st4th4th4th4th
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.
-3.29
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.
1.33
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.
0.05
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%.
16.1
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.
10.04
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.
-0.19
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.
0.63
Price movement
52 week high133.47
52 week low77.1
Current bid price-
Current offer price-
Current mid price132.77
Region
1USA37%
2Australia15.6%
3Canada8.6%
4Norway7.5%
5UK6.1%
6France3.7%
7Switzerland3.6%
8Money Market3.1%
9China2.5%
Industry sector
1Oil & Gas Exploration & Production19.9%
2Mineral Extraction19.4%
3Oil & Gas - Integrated15.1%
4Foods8.1%
5Gold8.1%
6Other Metals4.5%
7Trade4.5%
8Chemicals2.8%
9Precious Metals & Stones2.8%
Asset type
1Commodity & Energy98.3%
2Money Market1.7%
Individual holdings
1BHP BILLITON LTD7.2%
2RIO TINTO4%
3TOTAL OIL3.4%
4GLENCORE AG3.3%
5EOG RESOURCES INC2.9%
6MONSANTO CO2.9%
7OCCIDENTAL PETROLEUM CORP2.9%
8EXXON MOBIL CORP2.8%
9LEROY SEAFOOD GROUP2.6%
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 securities issued by companies around the globe that are expected to benefit from a long term increase in the prices of commodities and natural resources, and in related derivatives.
Benchmark
  • MSCI ACWI Select Natural Resources Capped Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Tom Nelson31/03/2015Tom is a portfolio manager in the Commodities & Resources team at Investec Asset Management. He joined Investec Asset Management in London, after spending seven years at Guinness Asset Management. Tom was part of the team that managed the outsourced Investec Global Energy Fund from 2005 to 2008, and was subsequently instrumental in the launch of the Guinness Global Energy Fund in 2008. Tom was co-portfolio manager of the Guinness Global Energy Fund with a specific responsibility for exploration and production companies and was also co-portfolio manager of the Guinness Thematic Equity Fund from its launch in 2010. He was also co-portfolio manager of the Guinness Energy Hedge Fund. Tom holds the UKSIP Level 3 Certificate in Investment Management and an MA in Modern Languages (French and German) from the University of Oxford.
George Cheveley30/04/2008George is a portfolio manager and metals and mining specialist in the Commodities & Resources team at Investec Asset Management having joined the firm in 2007. Prior to this he was a market analyst at BHP Billiton, the world’s largest mining company, for three years, working in The Hague and Singapore. He was recruited to BHP Billiton in 2004 from CRU (Commodities Research Unit), an independent metals/chemicals related research company based in London. At CRU, he spent three years in the Carbon Steel team and five years as a research manager, providing in-depth research and forecasts to the industry, banks and hedge funds. George began his career in 1990 in operations at British Steel Strip Products, working for three years in the Tinplate division. George graduated from the University of Oxford in 1989 with an honours degree in Classics and in 1995 was awarded an MBA from Warwick University.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Chile, United Kingdom, Singapore
Investec Enhanced Natural Resources A Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price124.66
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBTP4
Investec Enhanced Natural Resources 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)0.92%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price132.77
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBTP5
Investec Enhanced Natural Resources J Acc GBP
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.49
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJQ5N
Investec Enhanced Natural Resources R Acc GBP
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.31
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3YY
Data provided by

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