Investec Enhanced Natural Resources A Acc GBP
This factsheet should be viewed in conjunction with the Key Investor Information
Document (KIID) as both provide important information. The KIID is accessible from
the link on the right.
Factsheets contain information about the features of the fund such as the investment
objective, fund region and past performance.
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will affect the way income generated from the fund is treated. With income units,
income is paid into your nominated account. With accumulation units income is retained
within the fund, increasing the value of your holding.
All Investments carry an element of risk. In particular, the value of Investments
and any income from them can go down as well as up and you may not get back what
you originally invested.
In addition, investing in funds is subject to specific risks. Details
of these risks are contained in the Key Investor Information Document which is
designed to provide important information about funds as well as the risks involved.
Fund Objective
This fund aims to achieve long term capital growth primarily through investment in equities issued by companies around the globe that are expected to benefit from a long term increase in the prices of commodities and natural resources, and in related derivatives.
Investment Information
Management Information
|
Manager name
|
Bradley George
|
|
Manager since
|
01/05/2008
|
Bradley George
Bradley was appointed Head of Commodities and Resources at Investec Asset Management in 2006. He joined Investec Asset Management in London, after spending seven years at Goldman Sachs where he worked as an executive director in the Commodity Division, involved in selling the GSCI to investors and commodity derivative hedging products to resource corporates. Prior to this he worked in the Goldman Sachs’ Investment Banking Division on Natural Resources M&A transactions in both London and South Africa. Previously he spent three years at KPMG in the Financial Services Division, Treasury Advisory Group, offering clients consultancy advice on financial derivatives risk management. Bradley graduated from the University of Cape Town with an Honours degree in Business Science in 1994. He completed his Post Graduate Diploma in Accounting (PGDA) from the University of Cape Town in 1995. In 1998 he was awarded the Chartered Accountant designation CA (SA).
About the fund provider
Fund provider
Investec Asset Management is a specialist provider of active investment products and services. Established in South Africa in 1991, the firm has been built from a small start-up into an international business managing US$ 100 billion. Their clients include some of the world’s largest private and public sector pension funds and range from foundations and central banks to intermediated and direct investors. The business has grown largely organically from domestic roots in Southern Africa to a position where they proudly serve a growing international client base from the Americas, the UK and Continental Europe, Asia, the Middle East, Australia and Africa. They employ over 140 investment professionals, as at 31st August 2012. The firm seeks to create a profitable partnership between clients, shareholders and employees and their aim is to exceed their clients’ investment and client service expectations and to manage their money to the highest possible standard. Investec Asset Management is a significant component and independently managed entity within the Investec Group, which is listed in London and Johannesburg. The firm is still managed by its founding members, representing continuity and stability throughout the firm’s successful growth.
Fund Codes
|
Citicode
|
BTP4
|
|
SEDOL
|
B2QVXH8
|
At a glance
|
Fund Type
|
OEIC
|
Income Yield 
|
0.00%
|
|
Ongoing Charges (on 09/01/2013)
|
1.68%
|
Where is this fund primarily investing?
Income
|
Income Yield
|
0.00%
|
|
Income Frequency (per annum)
|
1
|
|
Income Payment Dates
|
Nov 30 2013
|
|
More dates
|
What Barclays gets paid
If you decide to invest, Barclays Investments will receive payment from the fund manager out of the annual management charge you pay. The amount we receive is based on the value of your holding but is not an additional cost to you. The information to the right shows the percentage and an example amount that Barclays would receive on an annual basis for as long as the fund is held.
|
Annual Rate
|
0.75%
|
What Barclays will receive based on
a £10,000 investment
|
£75
|
Risk and reward profile
| This indicator is based on historical data and may not be a reliable indication of the future risk profile of the Fund. The risk and reward category shown is not guaranteed to remain unchanged and may shift over time. The lowest category does not mean ‘risk free’. |
| The value of your investment can fall as well as rise and you are not certain of making profits; losses may be made. |
| The Fund appears at the higher end of the Risk and Reward Indicator scale. This is because it invests in the shares of companies linked to commodities and natural resources whose values tend to fluctuate more widely. |
| There is a risk that the party with which the Fund contracts for a derivative transaction fails to meet its obligations to the Fund. This could lead to losses being made by the Fund. |
| The Fund invests in a narrow range of investments and specialised sectors. This may lead to its returns fluctuating more widely than those of more broadly invested funds. It may also mean that there are times when the value of the Fund decreases even while more broadly invested funds are growing. |
| The Fund invests in a smaller than average number of holdings relative to a typical fund. This may lead to the Fund’s returns fluctuating more widely than those of other more broadly invested funds. |
| The full list of the Fund's risks are contained in Appendix VII of the Investec Funds Series i prospectus. |
Past performance overview - fund vs. sector
|
A -
|
|
Investec Enhanced Natural Resources A Acc GBP
|
|
B -
|
|
Sector: UT Specialist
|
Past performance is not a guide to future performance
Cumulative Past Performance
|
|
3 mth |
6 mth |
1 yr |
3 yr |
5 yr |
|
Investec Enhanced Natural Resources A Acc GBP
|
-1.18% |
1.86% |
4.26% |
-0.49% |
9.46% |
|
UT Specialist
|
2.70% |
10.42% |
17.01% |
23.02% |
23.22% |
|
Relative to Sector
|
-3.77% |
-7.75% |
-10.90% |
-19.11% |
-11.16% |
|
Rank within sector
|
132/150 |
123/143 |
112/133 |
79/96 |
46/74 |
Discrete Past Performance
|
|
31/03/12 –31/03/13 |
31/03/11 –31/03/12 |
31/03/10 –31/03/11 |
31/03/09 –31/03/10 |
31/03/08 –31/03/09 |
|
Investec Enhanced Natural Resources A Acc GBP
|
-2.81% |
-13.19% |
14.85% |
31.21% |
n/a |
|
UT Specialist
|
7.54% |
-2.43% |
9.48% |
43.63% |
-22.29% |
|
Relative to Sector
|
-9.62% |
-11.03% |
4.91% |
-8.65% |
n/a |
|
Rank within sector
|
116/130 |
85/110 |
20/96 |
20/96 |
n/a |
Discrete Past Performance figures are calculated on a bid/mid (buying) price basis with net income (dividends) reinvested
Asset Allocation - as at April 30, 2013
| Rank |
Key |
Name |
%
Weighting |
| 1 |
|
Commodity & Energy |
100.00% |
Region Breakdown - as at February 28, 2013
| Rank |
Key |
Name |
%
Weighting |
| 1 |
|
UK |
36.60% |
| 2 |
|
USA |
30.20% |
| 3 |
|
Canada |
9.90% |
| 4 |
|
Australia |
5.20% |
| 5 |
|
South Africa |
3.80% |
| 6 |
|
France |
3.50% |
| 7 |
|
OTHERS |
3.00% |
| 8 |
|
Germany |
2.70% |
| 9 |
|
Brazil |
2.60% |
| 10 |
|
Norway |
2.50% |
Sector Breakdown - as at n/a
| Rank |
Key |
Name |
%
Weighting |
| 1 |
|
OTHERS |
47.80% |
| 2 |
|
Diversified Energy |
19.50% |
| 3 |
|
Oil Services, Oil, Gas E&P & Oil E&P |
9.30% |
| 4 |
|
Diversified Mining |
8.40% |
| 5 |
|
Gold |
3.30% |
| 6 |
|
Platinum |
2.80% |
| 7 |
|
Ag Equipment |
2.50% |
| 8 |
|
Copper |
2.30% |
| 9 |
|
Palladium & Steel |
2.10% |
| 10 |
|
Phosphate |
2.00% |
Top Holdings - as at April 30, 2013
| Rank |
Name |
%
Weighting |
Rank |
Name |
%
Weighting |
| 1 |
BHP BILLITON |
5.20% |
6 |
GLENCORE XSTRATA PLC |
2.90% |
| 2 |
PALLADIUM ETC |
4.80% |
7 |
AGCO CORP |
2.80% |
| 3 |
SUNCOR ENERGY INC(NEW) |
3.50% |
8 |
OCCIDENTAL PETROLEUM CORP |
-2.80% |
| 4 |
CRUDE OIL SHORT ETC |
3.20% |
9 |
PLATINUM ETC |
-3.00% |
| 5 |
K&S AG |
2.90% |
10 |
CHENIERE ENERGY INC |
-3.70% |