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 30/04/2004
  • Max Kingsince 31/07/2009
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
17.4%
1 Year rank in sector
33/223
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.
0.94%
Fund size
£119m (£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.
72
Mid price
187.89
Top in this sector
Fund name1 Year
M&G Managed Growth31.6%
CF IM Global Strategy25.2%
Margetts Venture Strategy23.7%
Invesco Perp Managed Growth23.3%
Architas Birthstar TD 2036 4023.2%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • USA25.6%
    UK17.9%
    Japan15.4%
    Money Market12.2%
    Global Emerging Markets9.3%
  • Mutual Funds63.8%
    Money Market12.2%
    UK Fixed Interest5.8%
    Private Equity5.5%
    Resources3.5%
  • US Equities25.6%
    UK Equities17.9%
    Japanese Equities15.4%
    Money Market12.2%
    Global Emerging Market Equities9.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.4%4.8%15.3%17.4%32.5%85.2%
Sector-0.2%0.7%8.7%10.1%19.4%45.9%
Rank within sector11 / 25214 / 24620 / 24633 / 22315 / 1868 / 158
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund15.4%8%3.3%26.6%15.9%
Sector9.9%2%4.9%14.1%9.7%
Rank within sector58 / 2325 / 209150 / 1886 / 1778 / 160
Quartile1st1st4th1st1st
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.
2.14
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.
0.59
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%.
9.37
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.
3.77
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.
0.72
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 high187
52 week low143.77
Current bid price-
Current offer price-
Current mid price187.89
Region
1USA25.6%
2UK17.9%
3Japan15.4%
4Money Market12.2%
5Global Emerging Markets9.3%
6Europe8.5%
7Not Specified6.5%
8Pacific ex-Japan3.8%
9Others0.8%
Industry sector
1Mutual Funds63.8%
2Money Market12.2%
3UK Fixed Interest5.8%
4Private Equity5.5%
5Resources3.5%
6Others3%
7Property3%
8Technology1.7%
9Health Care1.5%
Asset type
1US Equities25.6%
2UK Equities17.9%
3Japanese Equities15.4%
4Money Market12.2%
5Global Emerging Market Equities9.3%
6European Equities8.5%
7Global Fixed Interest6.5%
8Asia Pacific ex Japan Equities3.8%
9Others0.8%
Individual holdings
1INVESTEC GLOBAL EQUITY S ACC GBP11.8%
2ISHARES MSCI WORLD UCITS ETF(DIST)7.4%
3ISHARES III PLC UK GILTS 0-5YR ETF GBP DIST5.8%
4ISHARES III PLC UK GILTS 0-5YR ETF GBP DIST5.8%
5ISHARES MSCI JAPAN UCITS ETF5.8%
6ISHARES MSCI EMERGING MKTS UCITS ETF(DIST)5.7%
7ISHARES CORE FSTSE 100 UCITS ETF4%
8VANGUARD FTSE JAPAN UCITS ETF3.1%
9FINDLAY PARK FUNDS AMERICAN USD2.9%
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 Saunders30/04/2004Philip 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 King31/07/2009Max 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)1.69%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price212.16
CurrencyGBX
Price updated08/12/2016
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)0.94%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price187.89
CurrencyGBX
Price updated08/12/2016
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)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.85
CurrencyGBX
Price updated08/12/2016
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)0.19%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price205.92
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI215
Data provided by

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