Funds A-Z

Investec Managed Fund (H)

Investec Managed Fund (H)
South African--Multi Asset--High Equity
Fund Code: MANH
Inception Date: 28 September 2012
Regulation 28 Compliant: Yes

Pricing and Rank Information
Latest price 15 November 2019 R 11.32
12 month sector rank41 / 193
12 month overall rank384 / 1265
12 month volatility7.76
Performance as at 15 November 2019 1
InvestedPriceIncomeTotal
3 months 1.25% 1.43% 2.68%
6 months 5.52% 1.50% 7.02%
1 year 8.09% 3.15% 11.24%
3 years 16.69% 10.19% 26.88%
5 years 35.70% 16.73% 52.43%
Fund fee and expense information
Fees
Management company annual fee2 0.63%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 30 September 2019 1.37%
Less management company rebate 0.00%
Total Fund Expense 1.37%
Assets under management
Latest total assetsR 16,240.06m
Assets as at 30 September 2019 R 15,952.90m
Previous quarterR 15,383.94m
MoveR 568.95m
Income declaration and payment
Declaration30 September 2019
PaymentR 0.1592

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 922.08m (5.78%)  
Foreign Bonds R 708.31m (4.44%)
Domestic Cash R 5739.85m (35.98%)  
Foreign Cash R 1266.66m (7.94%)
Domestic Equity R 4304.09m (26.98%)  
Foreign Equity R 2917.79m (18.29%)
Domestic Property R 0.00m (0%)  
Foreign Property R 94.12m (0.59%)

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
Cash on call 26.62% Investec Global Focused Fund 20.90% Investec Global Focused Fund 20.99%
Investec Global Focused Fund 20.98% Cash on call 20.18% Cash on call 15.89%
Investec GSF Global Strategic Equity Fund A Acc 7.62% Investec GSF Global Strategic Equity Fund A Acc 7.49% Bond Exchange of South Africa 7.89%
Bond Exchange of South Africa 5.59% Bond Exchange of South Africa 6.05% Investec GSF Global Strategic Equity Fund A Acc 7.56%
NewGold 3.46% Money Market - 2 months duration 3.48% Money Market - 2 months duration 5.33%
Money Market - 12 months duration 3.16% Naspers Ltd. 3.47% British American Tobacco plc 3.57%
Money Market - 1 month duration 2.71% BHP Group plc 3.16% BHP Group plc 3.50%
FirstRand Ltd. 2.71% Money Market - 4 months duration 2.76% Money Market Instrument 3.48%
USA - Currency 2.43% NewGold 2.69% Naspers Ltd. 3.16%
Money Market - 9 months duration 2.42% Money Market - 12 months duration 2.51% Sasol Ltd. 3.07%
Total 77.70% Total 72.69% Total 74.44%

Fund Manager(s)

Gail Daniel

Fund Overview
Objective
The Investec Managed Fund aims to provide investors with stable growth of capital over the long term. The objective is to achieve returns well in excess of the fund's peer group average, measured over three to five year periods. The fund invests in a mix of South African equities, bonds and money market instruments, as well as international equity and fixed interest investments. Regulation 28 currently limits equity exposure to 75% of the fund (90% with listed property) and international exposure to 25% (for retirement funds exempted from the 15% limit). The allocation of assets is actively managed with a strong bias towards equities. Fund features -A balanced fund for investors who don't want to actively manage their own asset allocation -Flexible investment style and stock selection process
Benchmark
Peer group median