Fact sheet: Investec Global Gold

Fund information
Fund name
Investec Global Gold IX Gr Inc USD
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund managers
  • Hanre Rossouwsince 30/04/2015
  • George Cheveleysince 30/04/2015
Fund objective
The Fund aims to achieve long-term capital growth primarily through investment in equities issued by companies around the globe involved in gold mining. The Fund may also invest, up to one-third, in companies around the globe that are involved in mining for other precious metals and other minerals and metals.
Benchmark
  • Euromoney Global Gold
Investment style
None
Investment method
Shares
Quick stats
1 Year return
96.8%
1 Year rank in sector
3/100
Sector
FO Commodity & Energy
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.
1.07%
Fund size
£350m (£190m 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.
235
Top in this sector
Fund name1 Year
EGI Earth Gold129.7%
LLB Craton Cap Precious Metal107.4%
Investec Global Gold96.8%
LO Wld Gld Expts93.4%
Franklin Gold&Prec Met90.8%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • Canada53%
    Australia18.7%
    USA12.7%
    South Africa8.4%
    UK3.6%
  • Gold89.2%
    Precious Metals & Stones7.7%
    Money Market1.7%
    Other Metals0.9%
    Others0.5%
  • Commodity & Energy98.3%
    Money Market1.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-2.7%30.5%96.8%17.7%-31.3%
Sector0.2%3.6%15%20.3%-12.5%-17.7%
Rank within sector90 / 10184 / 10216 / 1033 / 10013 / 90-
Quartile4th4th1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund89.9%-22.4%-8.5%-43.3%-6.5%
Sector21.4%-19.8%-9%-6.6%-3.4%
Rank within sector5 / 10053 / 10140 / 9176 / 86-
Quartile1st3rd2nd4th
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.
18.32
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.
1.96
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.
-0.01
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%.
39.97
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.
31.5
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.
0.22
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.
0.48
Price movement
52 week high17.09
52 week low7.28
Current bid price-
Current offer price-
Current mid price14.59
Region
1Canada53%
2Australia18.7%
3USA12.7%
4South Africa8.4%
5UK3.6%
6Egypt1.9%
7Money Market1.7%
Industry sector
1Gold89.2%
2Precious Metals & Stones7.7%
3Money Market1.7%
4Other Metals0.9%
5Others0.5%
Asset type
1Commodity & Energy98.3%
2Money Market1.7%
Individual holdings
1NEWMONT MINING CORP9.6%
2NEWCREST MINING9.4%
3AGNICO EAGLE MINES7.6%
4BARRICK GOLD CORP7.2%
5FRANCO NEVADA CORP5.1%
6TAHOE RESOURCES INC4.2%
7ANGLOGOLD ASHANTI3.7%
8DETOUR GOLD CORP3.6%
9ROYAL GOLD 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 equities issued by companies around the globe involved in gold mining. The Fund may also invest, up to one-third, in companies around the globe that are involved in mining for other precious metals and other minerals and metals.
Benchmark
  • Euromoney Global Gold
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Hanre Rossouw30/04/2015Hanré is a portfolio manager within the Commodities & Resources team covering precious metals and frontier and emerging market resources. Prior to joining the firm in 2013, he was the Chief Financial Officer of Xstrata Alloys overseeing Xstrata plc’s chrome and platinum interests in South Africa. He joined Xstrata in 2004, and also held other senior roles in Strategy, M&A and Investor Relations in London as part of the core team that built Xstrata into a global diversified mining company, subsequently acquired by Glencore for $30bn in 2013. His mining career started as graduate engineer at Anglo American plc (with experience at AngloGold and AngloCoal) and later also worked for De Beers and Accenture. Hanré graduated from Oxford University with a Master’s degree in Business Administration. He has also holds a Bachelor of Engineering degree in Chemical Engineering and a Bachelor of Commerce (Hons.) degree in Economics.
George Cheveley30/04/2015George 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
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Macau, Netherlands, Norway, Offshore, Peru, Singapore, Sweden, Taiwan - Province Of China, South Africa
Investec Global Gold A Gr Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price15.61
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAUM5
Investec Global Gold A Gr Inc USD
Initial charge5%
Annual charge1.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price56.28
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGO37
Investec Global Gold C Gr Inc USD
Initial charge3%
Annual charge2.25%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.68%
Bid price-
Offer price-
Mid price50.7
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIK27
Investec Global Gold F Gr Acc USD
Initial charge5%
Annual charge1%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price20.54
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeY640
Investec Global Gold I Gr Acc GBP
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price26.27
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFBBO
Investec Global Gold I Gr Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price16.93
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAUM6
Investec Global Gold IX Gr Inc USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price14.59
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI0QM
Investec Global Gold S Gr Inc USD
Initial charge10%
Annual charge-
Min single investment£100,000,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price22.35
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJ411
Data provided by

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