Fact sheet: Investec US Dollar Mny

Fund information
Fund name
Investec US Dollar Money I Gr Acc USD
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund managers
  • Johan Du Plessissince 01/03/2017
  • Russell Silberstonsince 01/03/2012
Fund objective
The Fund aims to give holders of the relevant Shares access to income at wholesale Eurocurrency market interest rates in U.S. Dollars. This Fund is a short term money market fund and while the Fund aims to preserve capital, this is not guaranteed.
Benchmark
  • ICE LIBOR 1 Week USD
Investment style
None
Investment method
Deposits
Quick stats
1 Year return
0.6%
1 Year rank in sector
19/56
Sector
FO Currency - US Dollar
Yield
-
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.
0.22%
Fund size
£1,066m (£507m 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.
77
Top in this sector
Fund name1 Year
Schroder ISF USD Lq4.2%
Hume Caut MA $2.2%
BlackRock ICSInt$UlStBd1.1%
Amundi Cash USD1%
Morg Stnly USDShrDrtBnd1%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Commercial Paper64.9%
    Certificates of Deposit27.2%
    Money Market5.5%
    Government Bonds2.4%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.2%0.3%0.6%0.8%1.1%
Sector0.1%0.1%0.3%0.4%0.6%0.8%
Rank within sector25 / 5823 / 5821 / 5819 / 5614 / 5011 / 48
Quartile2nd2nd2nd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund0.2%0.5%0.1%0%0.1%
Sector0.1%0.4%0.1%-0%-0.1%
Rank within sector23 / 5815 / 5414 / 5215 / 498 / 48
Quartile2nd2nd2nd2nd1st
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.
0.15
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.
0.47
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%.
0.07
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.
0.07
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.
0.71
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.
0.36
Price movement
52 week high20.24
52 week low20.13
Current bid price-
Current offer price-
Current mid price20.24
Region
1Money Market100%
Industry sector
1Commercial Paper64.9%
2Certificates of Deposit27.2%
3Money Market5.5%
4Government Bonds2.4%
Asset type
1Money Market100%
Individual holdings
1BANK NEDERLANDSE GEMEENTEN NV 18 APR 17 CPS2.9%
2BQ ET CAS EPA ET 23 MAY 17 CPS2.9%
3CAISSE DES DEPOTS ET CONSIGNAT 23 JUN 17 CPS2.9%
4COUNCIL OF EUROPE DEVELOPMENT 06 APR 17 CPS2.9%
5KINGDOM OF BELGIUM 11 APR 17 CPS2.9%
6KOMMUNEKREDIT 06 APR 17 CPS2.9%
7NESTLE FINANCE INTERNATIONAL L 05 JUN 17 CPS2.9%
8TORONTO DOMINION BANK - TD 21 JUN 17 COD2.9%
9BANK OF MONTREAL 24 APR 17 1.08 COD2.4%
Management
Fund manager group
Investec
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund objective
The Fund aims to give holders of the relevant Shares access to income at wholesale Eurocurrency market interest rates in U.S. Dollars. This Fund is a short term money market fund and while the Fund aims to preserve capital, this is not guaranteed.
Benchmark
  • ICE LIBOR 1 Week USD
Investment style
None
Investment method
Deposits
Fund managers
NameSinceBiography
Johan Du Plessis01/03/2017
Russell Silberston01/03/2012Russell 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
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Cayman Islands, Germany, Denmark, Spain, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Macau, Netherlands, Norway, Offshore, Singapore, Taiwan - Province Of China, South Africa
Investec US Dollar Money A Gr Acc USD
Initial charge-
Annual charge0.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.22%
Bid price-
Offer price-
Mid price65.8664
CurrencyUSD
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGO06
Investec US Dollar Money A Gr Inc USD
Initial charge-
Annual charge0.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price20.0834
CurrencyUSD
Price updated27/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGO73
Investec US Dollar Money C Gr Inc USD
Initial charge-
Annual charge1.9%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.64%
Bid price-
Offer price-
Mid price18.8708
CurrencyUSD
Price updated27/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK663
Investec US Dollar Money D Gr Acc USD
Initial charge-
Annual charge0.65%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.42%
Bid price-
Offer price-
Mid price64.5246
CurrencyUSD
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGO25
Investec US Dollar Money D Gr Inc USD
Initial charge-
Annual charge0.65%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.4%
Bid price-
Offer price-
Mid price19.9988
CurrencyUSD
Price updated27/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGO32
Investec US Dollar Money F Gr Acc USD
Initial charge-
Annual charge0.45%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)0.52%
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price21.666
CurrencyUSD
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeY645
Investec US Dollar Money I Gr Acc USD
Initial charge5%
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)0.07%
Bid price-
Offer price-
Mid price20.2446
CurrencyUSD
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIU91
Investec US Dollar Money S Gr Inc USD
Initial charge10%
Annual charge-
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price20.0657
CurrencyUSD
Price updated27/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF8SZ
Data provided by

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