Fact sheet: Investec Managed Growth

Fund information
Fund name
Investec Managed Growth I Acc GBP
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund managers
  • Philip Saunderssince 01/05/2004
  • Max Kingsince 01/08/2009
Fund objective
The Fund aims to achieve a combination of income and capital growth primarily through investment in the shares of investment companies and other collective investment schemes and in derivatives the underlying assets of which are shares of investment companies and other collective investment schemes.
Benchmark
  • FTSE WMA Stock Market Growth TR
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
25.1%
1 Year rank in sector
31/245
Sector
UT Flexible Investment
Yield
0.9%
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
£127m (£103m 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.
71
Mid price
196.75
Top in this sector
Fund name1 Year
M&G Managed Growth34.6%
Smith & Williamson MM GblInvest31.9%
TB Wise Investment31.5%
CF Miton Worldwide Opps30.5%
NFU Mutual Mixed Pfl Max100% Shrs29.5%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • USA41.2%
    Not Specified14%
    Japan13.4%
    Money Market8.8%
    UK7.1%
  • Mutual Funds68.5%
    Fixed Interest13.1%
    Money Market6.3%
    Resources3.7%
    Private Equity2.7%
  • US Equities41.2%
    Global Fixed Interest14%
    Japanese Equities13.4%
    Money Market8.8%
    UK Equities7.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%3.3%9%25.1%36.1%77%
Sector0.7%3.7%6.5%16.9%25%44.8%
Rank within sector93 / 252154 / 24756 / 24731 / 24536 / 19411 / 162
Quartile2nd3rd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3%17.3%8%3.3%26.6%
Sector3.3%12.8%2%4.9%14.1%
Rank within sector154 / 24770 / 2345 / 212152 / 1906 / 179
Quartile3rd2nd1st4th1st
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.
1.13
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.
1.12
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.
0.69
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%.
9.28
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.
3.78
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.
0.51
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.
0.84
Price movement
52 week high198.32
52 week low156.74
Current bid price-
Current offer price-
Current mid price196.75
Region
1USA41.2%
2Not Specified14%
3Japan13.4%
4Money Market8.8%
5UK7.1%
6Global Emerging Markets6.4%
7Europe6.2%
8Pacific ex-Japan2.9%
Industry sector
1Mutual Funds68.5%
2Fixed Interest13.1%
3Money Market6.3%
4Resources3.7%
5Private Equity2.7%
6Others2.1%
7Property1.5%
8Technology1.1%
9High Yield Bond1%
Asset type
1US Equities41.2%
2Global Fixed Interest14%
3Japanese Equities13.4%
4Money Market8.8%
5UK Equities7.1%
6Global Emerging Market Equities6.4%
7European Equities6.2%
8Asia Pacific ex Japan Equities2.9%
Individual holdings
1INVESTEC GLOBAL EQUITY S ACC GBP15.3%
2ISHARES MSCI WORLD UCITS ETF(DIST)9.5%
3INVESTEC GLOBAL STRATEGIC EQUITY S ACC GBP8.3%
4VANGUARD S&P 500 UCITS ETF7.6%
5ISHARES MSCI EMERGING MKTS UCITS ETF(DIST)5.9%
6ISHARES USD TREASURY BOND 20+Y5%
7VANGUARD FTSE JAPAN UCITS ETF4.4%
8ISHARES MSCI JAPAN UCITS ETF4.3%
9ISHARES NASDAQ 100 UCITS ETF U4.2%
Management
Fund manager group
Investec
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund objective
The Fund aims to achieve a combination of income and capital growth primarily through investment in the shares of investment companies and other collective investment schemes and in derivatives the underlying assets of which are shares of investment companies and other collective investment schemes.
Benchmark
  • FTSE WMA Stock Market Growth TR
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Philip Saunders01/05/2004Philip 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.
Max King01/08/2009Max is a portfolio manager with a focus on equity, property and infrastructure within the Multi-Asset team having joined Investec Asset Management in 2005. Prior to joining the firm he was a director of JO Hambro Capital Management, where he managed a range of equity portfolios. Before that, he worked for Finsbury Asset Management between 1987 and 1997 as the senior investment manager and as a director, with responsibilities for several investment trusts, focused mainly on UK stocks. Max also worked for LF Rothschild for four years in the risk arbitrage department, investing proprietary capital and client money. He qualified as a Chartered Accountant at Peat, Marwick Mitchell and then spent two years in corporate advisory before moving into investment management. Max graduated from Cambridge University with a degree in Economics.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Investec Managed Growth A Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price221.68
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHN01
Investec Managed Growth I Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)1.07%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price196.75
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBOD1
Investec Managed Growth R Acc GBP
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price167.27
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3YP
Investec Managed Growth S Acc GBP
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£1,000,000
Available in ISAYes
Ongoing charge (OCF)0.32%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price216.12
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI215
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