Fact sheet: Investec Gbl Val Eq

Fund information
Fund name
Investec Global Value Equity IX Inc USD
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund managers
  • Steve Woolleysince 01/01/2016
  • Alessandro Dicorradosince 01/01/2016
Fund objective
The Fund aims to achieve long-term capital growth primarily through investment in shares of companies around the world. The Fund will have a blend of investments and will be unrestricted in its choice of companies either by size or industry, or in terms of the geographical make-up of its portfolio. The Fund will use a value approach in selecting investments and will focus on companies deemed by the Investment Manager to be of high quality. The primary idea behind the value approach is to isolate potential investments with relatively unattractive market sentiment which are then, in turn, placed under further scrutiny in order to identify investment opportunities.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
5%
1 Year rank in sector
367/472
Sector
FO Equity - International
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.
1.08%
Fund size
£52m (£54m 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.
97
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Fund name1 Year
Heptagon Kprnk GblAlCpEq49.3%
Sanlam Prv Wlt Glbl HgQul40.5%
SKAGEN Focus36%
Veritas Global Equity Income35.8%
JOHCM Gbl Opps35.3%
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Performance snapshot

Holdings snapshot

  • North America44.5%
    UK23.3%
    Japan17.2%
    Far East ex Japan8.1%
    Money Market5.3%
  • Financials33.6%
    Industrials25.4%
    Consumer Discretionary12.7%
    Consumer Staples7.5%
    Information Technology7.2%
  • North American Equities44.5%
    UK Equities23.3%
    Japanese Equities17.2%
    Asia Pacific ex Japan Equities8.1%
    Money Market5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%8.4%8.1%5%11.3%-
Sector0.6%6.2%7.8%9.3%18.6%63.5%
Rank within sector434 / 494178 / 489184 / 484367 / 472272 / 374-
Quartile4th2nd2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.4%-2.8%3.6%25.1%9.6%
Sector5.6%0.7%6%21.3%12.7%
Rank within sector273 / 478333 / 433246 / 390128 / 344-
Quartile3rd4th3rd2nd
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.
-2.13
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.
1.11
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.
0.17
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%.
12.4
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.
5.97
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.
-0.26
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.
0.77
Price movement
52 week high26.32
52 week low20.88
Current bid price-
Current offer price-
Current mid price25.46
Region
1North America44.5%
2UK23.3%
3Japan17.2%
4Far East ex Japan8.1%
5Money Market5.3%
6Europe ex UK1.6%
Industry sector
1Financials33.6%
2Industrials25.4%
3Consumer Discretionary12.7%
4Consumer Staples7.5%
5Information Technology7.2%
6Energy5.3%
7Money Market5.3%
8Materials1.6%
9Utilities1.4%
Asset type
1North American Equities44.5%
2UK Equities23.3%
3Japanese Equities17.2%
4Asia Pacific ex Japan Equities8.1%
5Money Market5.3%
6Europe ex UK Equities1.6%
Individual holdings
1MANITOWOC FOODSERVICE INC5.5%
2MICROSOFT CORP4.6%
3METCASH LTD4.2%
4BANK OF AMERICA CORP3.9%
5CITIGROUP INC3.8%
6THK CO3.2%
7DEERE & CO3.1%
8LEUCADIA NATIONAL CORP3.1%
9WASHINGTON FEDERAL INC3.1%
Management
Fund manager group
Investec
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve long-term capital growth primarily through investment in shares of companies around the world. The Fund will have a blend of investments and will be unrestricted in its choice of companies either by size or industry, or in terms of the geographical make-up of its portfolio. The Fund will use a value approach in selecting investments and will focus on companies deemed by the Investment Manager to be of high quality. The primary idea behind the value approach is to isolate potential investments with relatively unattractive market sentiment which are then, in turn, placed under further scrutiny in order to identify investment opportunities.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Steve Woolley01/01/2016Steve 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. Previously, Steve was an analyst in Investec Asset Management’s Value team. He joined the firm in 2008 from the Financial Services Authority where he supervised asset managers and financial advisors. Steve graduated from Nottingham University in 2004 where he obtained a first class Master’s degree in Mathematics and is also a CFA Charterholder.
Alessandro Dicorrado01/01/2016Alessandro 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
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden, South Africa
Investec Global Value Equity A Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price27.63
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0J9K
Investec Global Value Equity C Acc USD
Initial charge3%
Annual charge2.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.98%
Total expense ratio (TER)3%
Bid price-
Offer price-
Mid price26.36
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0J9G
Investec Global Value Equity F Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.43%
Total expense ratio (TER)2.42%
Bid price-
Offer price-
Mid price27.05
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0J9H
Investec Global Value Equity I Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price28.92
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0J9I
Investec Global Value Equity IX Inc USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price25.46
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI0QI
Investec Global Value Equity S Acc USD
Initial charge10%
Annual charge-
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price30.16
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0J9J
Data provided by

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