Fact sheet: Investec UK Alpha

Fund information
Fund name
Investec UK Alpha I Inc GBP
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund managers
  • Simon Braziersince 12/01/2015
Fund objective
The Fund aims to achieve long term capital growth primarily through investment in a concentrated portfolio of equities issued by UK companies and in derivatives the underlying assets of which are equities issued by UK companies. The Fund will be managed actively with a long term investment horizon. The Fund will not be dominated by a specific investment style and will focus on stocks believed to offer above average opportunities for total returns.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
17%
1 Year rank in sector
191/278
Sector
UT UK All Companies
Yield
1.8%
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.
0.84%
Fund size
£1,498m (£608m 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.
85
Mid price
337.24
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry43.6%
R&M UK Equity Long Term Recovery35.9%
UBS UK Opportunities34.4%
VT The Beagle31.7%
R&M UK Equity High Alpha30.7%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK97.9%
    Money Market2.1%
  • Industrials21.2%
    Financials18.9%
    Consumer Services16.3%
    Consumer Goods12.2%
    Basic Materials7.2%
  • UK Equities97.9%
    Money Market2.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%5.2%7.6%17%26.3%101.4%
Sector1.3%4.4%7.6%19.3%20.9%60.6%
Rank within sector47 / 28379 / 284137 / 281191 / 27870 / 26414 / 249
Quartile1st2nd2nd3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund5.8%8.8%6.4%6.7%38.8%
Sector4.3%11.2%3.7%0.6%25.7%
Rank within sector37 / 284181 / 276104 / 26724 / 26216 / 255
Quartile1st3rd2nd1st1st
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.
1.19
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.
0.94
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.
0.31
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%.
8.93
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.
2.43
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.
0.37
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.
0.93
Price movement
52 week high341.23
52 week low279.88
Current bid price-
Current offer price-
Current mid price337.24
Region
1UK97.9%
2Money Market2.1%
Industry sector
1Industrials21.2%
2Financials18.9%
3Consumer Services16.3%
4Consumer Goods12.2%
5Basic Materials7.2%
6Oil & Gas6.7%
7Telecommunications6.2%
8Health Care5.2%
9Technology4%
Asset type
1UK Equities97.9%
2Money Market2.1%
Individual holdings
1ROYAL DUTCH SHELL3.6%
2BOOKER GROUP PLC3.2%
3BP PLC3.1%
4BT GROUP3%
5BRITISH AMERICAN TOBACCO2.8%
6HSBC HLDGS2.8%
7MELROSE INDUSTRIES PLC2.6%
8RECKITT BENCKISER GROUP PLC2.6%
9SMITH(DS)2.5%
Management
Fund manager group
Investec
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund objective
The Fund aims to achieve long term capital growth primarily through investment in a concentrated portfolio of equities issued by UK companies and in derivatives the underlying assets of which are equities issued by UK companies. The Fund will be managed actively with a long term investment horizon. The Fund will not be dominated by a specific investment style and will focus on stocks believed to offer above average opportunities for total returns.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Simon Brazier12/01/2015Simon is Co-Head of Quality at Investec Asset Management. He is a portfolio manager with a focus on UK equities, the strategy leader for UK Alpha and is responsible for the co-management of the Quality capability. Simon is based in the firm’s London office. Prior to joining the firm, Simon worked for Threadneedle where he was Head of UK Equities and responsible for the portfolio management of the Threadneedle UK Fund. He has been managing funds for over 14 years having started his career with Schroders in 1998. Simon graduated from Durham University and the University of Aix-Marseille with a BA Honours degree in Economics with French. Simon holds the Institute of Investment Management and Research (IIMR) certificate.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Investec UK Alpha A Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price2356.56
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTB10
Investec UK Alpha I Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price199.4
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code12GP
Investec UK Alpha I Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price337.24
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGO43
Investec UK Alpha J Acc GBP
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124.26
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK3LD
Investec UK Alpha J Inc GBP
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price120.88
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK3LE
Investec UK Alpha K Inc GBP
Initial charge-
Annual charge0.4%
Min single investment£400,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.81
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN7ET
Investec UK Alpha R Acc GBP
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price175.26
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3YM
Investec UK Alpha 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)0.09%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price2456.25
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV230
Data provided by

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