Fact sheet: Investec Gbl Div Grth

Fund information
Fund name
Investec Global Diversified Growth C Gr Acc USD
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund managers
  • Michael Spinkssince 02/12/2013
  • Philip Saunderssince 02/12/2013
Fund objective
The Fund aims to provide long-term real returns, through a combination of income and capital growth, primarily by investing in a globally diversified portfolio of assets.
Benchmark
  • US Consumer Price Index + 5%
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
0.6%
1 Year rank in sector
128/150
Sector
FO Mixed Asset - Flexible
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.
2.85%
Fund size
£60m (£63m 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.
79
Top in this sector
Fund name1 Year
Investec EmrgMktsMA31.5%
HSBC Pfl World Seltn 427.9%
Smith & Williamson Mid-OceanWdInv25.1%
Northstar Mgd Stg24.1%
Baring Dynamic Emg Mkts21.8%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%3%2.3%0.6%--
Sector0.2%4%4.2%4.8%10.9%26.9%
Rank within sector124 / 165101 / 166121 / 159128 / 150--
Quartile4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.7%-2.2%2.1%--
Sector3.1%-0.1%5%6.8%6.9%
Rank within sector128 / 15694 / 12985 / 112--
Quartile4th3rd4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high20.49
52 week low18.76
Current bid price-
Current offer price-
Current mid price20
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1INVESTEC GLOBAL ENDURANCE PORTFOLIO16.7%
2KOREAN 3YR GOVERNMENT BOND FUTURES8.9%
3JAPAN BASKET8.3%
4CANADA 10 YEAR GOVERNMENT BOND FUTURES6.7%
5CANADA(GOVT OF) 0.75% BDS 01/09/20 CAD10005.3%
6SOURCE GOLD CORP5%
7S&P500 21/10/2016 CALL 23204.6%
8EM EX ASIA BASKET4.3%
9MEXICO(UNITED MEXICAN STATES) 10% BDS 20/11/36 MXN1003.6%
Management
Fund manager group
Investec
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund objective
The Fund aims to provide long-term real returns, through a combination of income and capital growth, primarily by investing in a globally diversified portfolio of assets.
Benchmark
  • US Consumer Price Index + 5%
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
Michael Spinks02/12/2013Michael is co-head of Multi-Asset at Investec Asset Management. He joined Investec Asset Management in London, after spending eight years at Schroder Investment Management, where he was a member of the Global Asset Allocation Committee and co-portfolio manager of the Diversified Growth Fund and the Diversified Completion Fund. Prior to joining Schroder Investment Management, Michael worked at Watson Wyatt and was previously a portfolio manager for private clients at Investec Private Bank. Michael graduated from Durham University with a BA (honours) in Mathematics and Economics and is a CFA Charterholder.
Philip Saunders02/12/2013Philip is co-head of Multi-Asset at Investec Asset Management. After a period managing retail marketing and sales, he assumed responsibility for establishing Investec Asset Management’s multi-manager business which is now combined with the firm’s global multi-asset activity. In 1987, he became a founding director of Guinness Flight Global Asset Management (which was acquired by Investec Asset Management in 1998) and led its successful Global Fixed Income team. Prior to that, Philip trained as an investment analyst at Guinness Mahon & Co Limited assuming responsibility for the company’s managed currency funds in 1984. He graduated from Cambridge University with a degree in History in 1980.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom, Hong Kong, Italy, Luxembourg, Offshore, South Africa
Investec Global Diversified Growth A Gr Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price20.42
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFF7U
Investec Global Diversified Growth C Gr Acc USD
Initial charge3%
Annual charge2.25%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price20
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFF7V
Investec Global Diversified Growth F Gr Acc USD
Initial charge5%
Annual charge1%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price20.32
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFF7Y
Investec Global Diversified Growth I Gr Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price20.98
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF7W
Investec Global Diversified Growth IX Gr Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price20.96
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF7X
Investec Global Diversified Growth S Gr Acc USD
Initial charge10%
Annual charge-
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.29%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price21.49
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF7Z
Data provided by

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