Fact sheet: Investec UK Eq Inc

Fund information
Fund name
Investec UK Equity Income I Acc
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund manager
  • Blake Hutchinssince 29/01/2015
Fund objective
The Fund aims to provide income with the opportunity for capital growth primarily through investment in equities issued by UK companies.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
19.2%
1 Year rank in sector
21/92
Sector
UT UK Equity Income
Yield
2.9%
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.
0.91%
Fund size
£55m (£14m 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.
92
Mid price
117.13
Top in this sector
Fund name1 Year
UBS UK Equity Income39%
Scot Wid Fdmtl Index UK Equity32.3%
SVS Church House DeepValInvts28%
JOHCM UK Equity Income25.5%
Aberdeen UK Equity Income23.5%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK98.9%
    Money Market1.1%
  • Consumer Goods35.8%
    Industrials13.6%
    Consumer Services13.5%
    Health Care13.4%
    Financials12.1%
  • UK Equities98.9%
    Money Market1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%7.5%5.2%19.2%--
Sector1.3%4.1%6%16.3%22.2%63.1%
Rank within sector18 / 962 / 9762 / 9421 / 92--
Quartile1st1st3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund7.4%10.5%---
Sector4%9.1%4.9%2.8%24.8%
Rank within sector2 / 9729 / 90---
Quartile1st2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high118.12
52 week low95.37
Current bid price-
Current offer price-
Current mid price117.13
Region
1UK98.9%
2Money Market1.1%
Industry sector
1Consumer Goods35.8%
2Industrials13.6%
3Consumer Services13.5%
4Health Care13.4%
5Financials12.1%
6Technology5.9%
7Basic Materials2.3%
8Telecommunications2.3%
9Money Market1.1%
Asset type
1UK Equities98.9%
2Money Market1.1%
Individual holdings
1BRITISH AMERICAN TOBACCO PLC6.5%
2GLAXOSMITHKLINE PLC6.5%
3IMPERIAL TOBACCO GROUP PLC5%
4UNILEVER4.8%
5ASTRAZENECA PLC4.3%
6DIAGEO PLC4.1%
7RECKITT BENCKISER GROUP PLC3.8%
8BOOKER GROUP PLC3.1%
9PHILIP MORRIS INTERNATIONAL INC3%
Management
Fund manager group
Investec
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund objective
The Fund aims to provide income with the opportunity for capital growth primarily through investment in equities issued by UK companies.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Blake Hutchins29/01/2015Blake is a portfolio manager at Investec Asset Management. He is responsible for managing UK Equity Funds within Investec’s Quality capability. He is manager of the UK Equity Income Fund and backup portfolio manager on the UK Alpha Fund. Blake is based in the firm’s London office. Prior to joining the firm, Blake worked for Threadneedle where he was responsible for retail and institutional assets. He has been managing funds for over 4 years having started his career with Aviva Investors in 2007. Blake graduated from the University of Edinburgh with a MA Honours degree in Economics and Politics. In addition, Blake holds the Investment Management Certificate (IMC) and is a CFA Charterholder.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Investec UK Equity Income A 2 Inc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.62
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKZ4U
Investec UK Equity Income A Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.41
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM5DI
Investec UK Equity Income I 2 Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.21
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKZ4V
Investec UK Equity Income I Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.13
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM5DJ
Investec UK Equity Income J Acc
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price120.07
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM5EN
Investec UK Equity Income J Inc 2
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.02
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5EM
Investec UK Equity Income L Net Acc GBP
Initial charge-
Annual charge0.3%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.25
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMT0W
Investec UK Equity Income L Net Inc GBP
Initial charge-
Annual charge0.3%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price118.52
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMT0X
Investec UK Equity Income S 2 Inc GBP
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.94
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKZ4X
Data provided by

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