Fact sheet: Investec Latin AmerSmalCos

Fund information
Fund name
Investec Latin American Smaller Companies IX Gr Acc USD
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund manager
  • Carina Güerisolisince 11/06/2012
Fund objective
The Fund aims to achieve long term capital growth typically (at least 80%) through investment in equities or equity-related securities of small companies incorporated in Latin America, companies incorporated outside of Latin America but which carry out a significant proportion (at least 50%) of their operations through small companies in Latin America and/or companies incorporated outside of Latin America which are controlled by small companies established in Latin America.
Benchmark
  • MSCI EM Latin America Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
32.9%
1 Year rank in sector
20/43
Sector
FO Equity - Latin America
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.
1.46%
Fund size
£70m (£56m 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.
132
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity93.5%
UBS (L)EqSIC-Brazil$67.8%
Bradesco Brz EqMd Sm Cps64.3%
Parvest Equity Brazil63%
HSBC GIF Brazil Equity60.3%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil46.5%
    Mexico31.1%
    Chile9.7%
    Peru5.2%
    Panama2.5%
  • Financials26.2%
    Consumer Discretionary22.4%
    Industrials16.7%
    Consumer Staples14.9%
    Materials10.5%
  • Brazilian Equities46.5%
    Mexican Equities31.1%
    Chilean Equities9.7%
    American Emerging Equities6.7%
    Peruvian Equity5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%6.9%14.5%32.9%-25.5%-
Sector0%8.9%16%32.4%-25.2%-23%
Rank within sector16 / 4330 / 4322 / 4320 / 4328 / 40-
Quartile2nd3rd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund27.7%-27.9%-16.5%-15.6%-
Sector31.1%-31.7%-12.5%-14%7.7%
Rank within sector27 / 4314 / 4334 / 40--
Quartile3rd2nd4th
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.
-3.48
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.
0.75
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.
-0.02
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%.
19.31
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.
9.19
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.
-0.18
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.
0.87
Price movement
52 week high15.42
52 week low10.7
Current bid price-
Current offer price-
Current mid price14.76
Region
1Brazil46.5%
2Mexico31.1%
3Chile9.7%
4Peru5.2%
5Panama2.5%
6Colombia2.3%
7Argentina1.9%
8Money Market0.8%
Industry sector
1Financials26.2%
2Consumer Discretionary22.4%
3Industrials16.7%
4Consumer Staples14.9%
5Materials10.5%
6Health Care4.7%
7Information Technology3%
8Money Market0.8%
9Utilities0.8%
Asset type
1Brazilian Equities46.5%
2Mexican Equities31.1%
3Chilean Equities9.7%
4American Emerging Equities6.7%
5Peruvian Equity5.2%
6Money Market0.8%
Individual holdings
1ALSEA SAB DE CV5.5%
2PARQUE ARAUCO SA5.2%
3BANREGIO GRUPO FINANCIERO SAB DE CV4.4%
4BR MALLS PARTICIPACOES SA3.8%
5IGUATEMI EMPRESA SHOPPING CENTERS3.3%
6BRADESPAR SA3.2%
7GERDAU SA3.1%
8CONTROLADORA VUELA CIA DE AVIACION3%
9GRUPO AEROPORTUARIO DEL SURESTE SA3%
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 typically (at least 80%) through investment in equities or equity-related securities of small companies incorporated in Latin America, companies incorporated outside of Latin America but which carry out a significant proportion (at least 50%) of their operations through small companies in Latin America and/or companies incorporated outside of Latin America which are controlled by small companies established in Latin America.
Benchmark
  • MSCI EM Latin America Index
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Carina Güerisoli11/06/2012Mrs. Güerisoli joined Compass Group in 1997 as a member of the Investment Committee and CIO of Compass Group in Argentina. Previously, she worked 9 years for Grupo Mildesa (Banco Patagonia) where she became Managing Director of Mildesa Servicios Bursátiles. Repeatedly distinguished by Euromoney, Global Investor, Latin Finance and Reuters Survey for equity research analysis. She has more than 20 years of experience managing Latin American equities, with more than USD 500MM in assets under management in the region. Mrs. Güerisoli holds a B.S in Economics from Universidad de Buenos Aires.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Chile, Germany, Denmark, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Peru, Singapore
Investec Latin American Smaller Companies A Gr Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.11%
Total expense ratio (TER)2.08%
Bid price-
Offer price-
Mid price16.41
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1GT
Investec Latin American Smaller Companies C Gr Acc USD
Initial charge3%
Annual charge2.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)3.1%
Total expense ratio (TER)3.1%
Bid price-
Offer price-
Mid price14.52
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG6VO
Investec Latin American Smaller Companies F Gr Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)2.53%
Bid price-
Offer price-
Mid price16.1
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1GU
Investec Latin American Smaller Companies I Gr Acc USD
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price16.91
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG1GV
Investec Latin American Smaller Companies IX Gr Acc USD
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.76
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFBFK
Data provided by

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