Fact sheet: Investec Gbl Def Inc

Fund information
Fund name
Investec Global Defensive Income I Gr Inc USD
Fund manager company
Investec Asset Mgmt Guernsey
Fund type
No data available.
Fund managers
  • John Stopfordsince 30/09/2005
  • Tim O'Dellsince 04/10/2005
Fund objective
The investment objective of the Fund is to out perform money market returns in the world’s major currencies, which are currently considered to be Sterling, US dollars, Japanese Yen and the Euro, over the long-term using a disciplined risk process. The Fund aims to achieve this through investment, currently, in an underlying fund defined as the Master Fund and through active currency management.
Benchmark
  • Composite
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-0.3%
1 Year rank in sector
273/294
Sector
FO Fixed Int - Global
Yield
-
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.
1.06%
Fund size
£3m
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.
65
Top in this sector
Fund name1 Year
Capital Group GHIOL35.6%
Dodge & Cox Global Bond26.5%
SKAGEN Tellus24.9%
Morg Stnly Gbl Mrtg Securts24.4%
HSBC GIF Gbl AsBk Bd24.3%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.7%-4.8%-3.6%-0.3%-13.9%-14.8%
Sector-1.7%-2.3%0.6%3.4%6%13.5%
Rank within sector243 / 314257 / 311269 / 306273 / 294231 / 235166 / 169
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0%-7.9%-6.8%-3.1%3.6%
Sector4%-1.6%3.7%-1.6%8.2%
Rank within sector280 / 298259 / 274230 / 235136 / 206141 / 171
Quartile4th4th4th3rd4th
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.
-6.75
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
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%.
5.05
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.
4.2
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.
-1.62
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.
0.31
Price movement
52 week high19.65
52 week low18.42
Current bid price-
Current offer price-
Current mid price18.6
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 investment objective of the Fund is to out perform money market returns in the world’s major currencies, which are currently considered to be Sterling, US dollars, Japanese Yen and the Euro, over the long-term using a disciplined risk process. The Fund aims to achieve this through investment, currently, in an underlying fund defined as the Master Fund and through active currency management.
Benchmark
  • Composite
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John Stopford30/09/2005John is the co-head of Multi-Asset at Investec Asset Management, responsible for all multi-strategy income. He is lead portfolio manager on our multi-strategy income and credit portfolios, as well as participating in the wider management of our multi-asset strategies. During his time at the firm John held the senior position of co-head of Fixed Income & Currency, and prior to this was responsible for the management of our South African fixed income assets from 1998 to 2004. John joined Guinness Flight in 1993, which was later acquired by Investec Asset Management, and took responsibility for investments in emerging bond and currency markets. Previous to this, he worked in London and Tokyo as a specialist global bond and currency portfolio manager for Mitsui Trust Asset Management. John graduated from the University of Oxford with an honours degree in Chemistry in 1990. In 1995, he was awarded the Chartered Financial Analyst (CFA) designation from the Association of Investment Management and Research.
Tim O'Dell04/10/2005Tim is an investment specialist in the Developed Rates & Currency team and a portfolio manager. He is responsible for the team’s macroeconomic analysis process and for currency overlay in the fixed income funds. Prior to joining Investec Asset Management Tim worked in the top-rated economic department of Phillips and Drew. In his 15 years with the firm both before and after its acquisition by UBS, he launched the firm’s flagship global strategy product and developed the firm’s leading-edge research in the areas of international economics and investment strategy. He also worked specifically on international economic analysis and currency forecasting. Tim graduated from Cambridge University in 1981 with a degree in Economics.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
Cayman Islands, United Kingdom, Guernsey, Jersey, Macau, Offshore
Investec Global Defensive Income A Gr Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price16.706
CurrencyUSD
Price updated28/08/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0H0P
Investec Global Defensive Income I Gr Acc USD
Initial charge4.5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price16.876
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0H0Q
Investec Global Defensive Income I Gr Inc USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price18.604
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIS85
Data provided by

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