Fact sheet: Investec Short Dtd Bd

Fund information
Fund name
Investec Short Dated Bond I Gr Acc GBP
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund manager
  • Russell Silberstonsince 06/06/2013
Fund objective
The Fund aims to provide capital stability and income primarily through investment in short term fixed income and variable rate securities.
Benchmark
  • GBP 1 month LIBID
Investment style
None
Investment method
Short Dated Bonds
Quick stats
1 Year return
0.3%
1 Year rank in sector
115/124
Sector
UT Specialist
Yield
0.2%
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.
0.23%
Fund size
£30m (£65m 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.
2
Mid price
1422.3
Top in this sector
Fund name1 Year
MFM Junior Gold134.7%
WAY Charteris Gd Prcsml124.2%
Old Mutual JPM Nat Res87.6%
Smith & Williamson GblGld&Res86.8%
JPM Natural Resources85.2%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Government Bonds61.2%
    Money Market19.7%
    Certificates of Deposit13.2%
    Commercial Paper6.6%
    Index Linked2.4%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.2%0.1%0.3%1.6%-
Sector-1.2%-0.5%9.4%19.8%17%27.7%
Rank within sector64 / 12456 / 125116 / 125115 / 12499 / 114-
Quartile3rd2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.3%0.6%0.8%--
Sector19.7%-4.5%1.2%4.5%7.5%
Rank within sector115 / 12453 / 11979 / 115--
Quartile4th2nd3rd
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.
0.48
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.
0.01
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
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%.
0.42
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.
9.76
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.
-0.5
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.
0.03
Price movement
52 week high1426.37
52 week low1417.49
Current bid price-
Current offer price-
Current mid price1422.3
Region
1Money Market100%
Industry sector
1Government Bonds61.2%
2Money Market19.7%
3Certificates of Deposit13.2%
4Commercial Paper6.6%
5Index Linked2.4%
6Foreign Exchange-3.1%
Asset type
1Money Market100%
Individual holdings
1SWITZERLAND(GOVT OF) 3% BDS 12/05/2019 CHF10009%
2TREASURY 0% TSY BILL 09/01/17 GBP16.6%
3TREASURY 0% TSY BILL 21/11/16 GBP16.6%
4FRANCE(GOVT OF) 0% BDS 25/05/21 EUR14.9%
5NEW ZEALAND(GOVERNMENT OF) 5% BDS 15/03/19 NZD10004.8%
6DZ BANK AG-DEUTSCHE ZENTRAL-GENOSBK 0.39% CT OF DEP 11/01/17 GBP13.3%
7MIZUHO CORPORATE BANK 31 JAN 17 0.41 COD3.3%
8SVENSKA HANDELSBANKEN 0.33% CT OF DEP 23/01/17 GBP13.3%
9TORONTO DOMINION BANK - TD 07 MAR 17 0.46 COD3.3%
Management
Fund manager group
Investec
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund objective
The Fund aims to provide capital stability and income primarily through investment in short term fixed income and variable rate securities.
Benchmark
  • GBP 1 month LIBID
Investment style
None
Investment method
Short Dated Bonds
Fund manager
NameSinceBiography
Russell Silberston06/06/2013Russell is the head of Reserve Management, with primary responsibility for managing active interest rate and currency decisions in developed markets. Prior to joining Investec Asset Management, Russell worked for Cazenove Fund Management where he was a fixed income portfolio manager responsible for sterling treasury management services and UK, US and euro short interest rate forecasts. Before joining Cazenove in 2001, Russell worked for Investec Asset Management where his responsibilities included running multi-currency money market funds and non-sterling short dated cash plus products. Prior to that, Russell worked for Investec Bank where he ran a proprietary trading desk. From 1986 to 1995 Russell worked for Clive Discount Co. Ltd. where he traded a wide variety of on and off-balance sheet instruments. Russell started his City career at Samuel Montagu & Co. in 1982.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Investec Short Dated Bond A Acc GBP
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.48%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1317.33
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJBZK
Investec Short Dated Bond I Acc GBP
Initial charge4.5%
Annual charge-
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJBZL
Investec Short Dated Bond I Gr Acc GBP
Initial charge-
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1422.3
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJBZM
Investec Short Dated Bond S Acc GBP
Initial charge6%
Annual charge-
Min single investment£100,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJBZN
Investec Short Dated Bond S Gr Acc GBP
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1399.67
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJBZO
Data provided by

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