Funds A-Z

Investec Global Strategic Managed Feeder Fund (H)

Investec Global Strategic Managed Feeder Fund (H)
Global--Multi Asset--High Equity
Fund Code: GBFH
Inception Date: 28 September 2012
Regulation 28 Compliant: No

Pricing and Rank Information
Latest price 18 November 2019 R 4.63
12 month sector rank2 / 13
12 month overall rank125 / 1265
12 month volatility12.31
Performance as at 18 November 2019 1
InvestedPriceIncomeTotal
3 months 0.88% 0.00% 0.88%
6 months 7.84% 0.00% 7.84%
1 year 17.21% 0.00% 17.21%
3 years 26.60% 0.00% 26.60%
5 years 67.65% 0.00% 67.65%
Fund fee and expense information
Fees
Management company annual fee2 1.26%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 30 September 2019 1.41%
Less management company rebate 0.00%
Total Fund Expense 1.41%
Assets under management
Latest total assetsR 3,412.43m
Assets as at 30 September 2019 R 3,397.25m
Previous quarterR 3,167.34m
MoveR 229.92m
Income declaration and payment
Declaration30 September 2019
PaymentR 0.00

Fees include VAT

  1. Price performances are based on historical price data, using a NAV price by NAV price comparison and exclude management company initial fees. Income performances are based on interest and dividend distributions of the fund.
  2. Management company annual fees are included into price and distributions paid.


Price History

Asset Allocation as at 30 September 2019
Domestic Bonds R 0.00m (0%)  
Foreign Bonds R 482.07m (14.19%)
Domestic Cash R 13.59m (0.4%)  
Foreign Cash R 768.46m (22.62%)
Domestic Equity R 0.00m (0%)  
Foreign Equity R 2044.47m (60.18%)
Domestic Property R 0.00m (0%)  
Foreign Property R 88.67m (2.61%)

Top Holdings Top Holdings Top Holdings
As at end September 2019 As at end June 2019 As at end March 2019
HOLDING % OF FUND HOLDING % OF FUND HOLDING % OF FUND
Investec GSF Global Strategic Managed Fund A Acc 99.60% Investec GSF Global Strategic Managed Fund A Acc 99.35% Investec GSF Global Strategic Managed Fund A Acc 99.69%
Cash on call 0.40% Cash on call 0.65% Cash on call 0.31%
USA - Currency 0.00% USA - Currency 0.00% USA - Currency 0.00%
Total 100.00% Total 100.00% Total 100.00%

Fund Manager(s)

Philip Saunders

Fund Overview
Objective
The Global Strategic Managed Feeder Fund aims to grow capital and income over the long-term. The fund's objective is to outperform its benchmark (60% MSCI World index and 40% CITI World Government Bond index), measured over three year periods. This rand-denominated fund invests in international fixed income assets, cash, convertible securities and equities. Exposure to international assets is obtained by investing directly into our top performing Investec GSF Global Strategic Managed Fund. This balanced fund aims to be fully invested offshore, with a maximum equity exposure of 75%. The investment team utilises Investec's proprietary 4Factor process to assist in screening and selection of companies. The emphasis is on valuation, strategy, earnings dynamics and technical analysis. Fund Features * The fund invests directly into our top performing Investec GSF Global Strategic Managed Fund. * This balanced fund aims to be fully invested offshore, with a maximum equity exposure of 75%. * Utilisation of Investec's proprietary 4Factor process to assist in screening and selection of companies. * Diversification across asset classes minimises the portfolio's overall volatility and offers the potential to generate good long-term returns.
Benchmark
60% MSCI AC World NR index & 40% CITI World Government Bond Index