Investec UK Special Situations 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.
Some funds offer income units, accumulation units or both. The unit type you choose
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
The Fund aims to provide a combination of income and long term capital growth, primarily through the application of a contrarian approach to investment in UK equities and in derivatives, the underlying assets of which are UK equities.
Investment Information
Management Information
|
Manager name
|
Alastair Mundy
|
|
Manager since
|
01/08/2002
|
Alastair Mundy
Alastair is head of Contrarian at Investec Asset Management having joined in 2000 from Morley Fund Management. Alastair manages a number of funds including the Investec Cautious Managed Fund and the Investec UK Special Situations Fund. He also manages the Temple Bar Investment Trust. Utilising the team’s global expertise and established track record, Alastair assumed co-portfolio management of the Investec American Fund in August 2012. Alastair graduated from City University in 1988 with a Bachelor of Science degree in Actuarial Science
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
|
GO22
|
|
SEDOL
|
3107566
|
At a glance
|
Fund Type
|
OEIC
|
Income Yield 
|
2.17%
|
|
Ongoing Charges (on 09/01/2013)
|
1.60%
|
Where is this fund primarily investing?
Income
|
Income Yield
|
2.17%
|
|
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 whose values tend to fluctuate more widely. |
| The investments of the Fund are primarily concentrated in one country. This may mean that there are times when the value of the Fund decreases even while more broadly invested funds are growing. |
| A proportion of the Fund’s expenses are charged to the capital account of the Fund rather than to its income, which has the effect of increasing the Fund’s income automatically reflected in
the value of your shares (which may be taxable) whilst reducing its capital to an equivalent extent. |
| 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 UK Special Situations A Acc GBP
|
|
B -
|
|
Sector: UT UK All Companies
|
Past performance is not a guide to future performance
Cumulative Past Performance
|
|
3 mth |
6 mth |
1 yr |
3 yr |
5 yr |
|
Investec UK Special Situations A Acc GBP
|
8.30% |
23.40% |
35.50% |
51.03% |
71.47% |
|
UT UK All Companies
|
6.47% |
21.04% |
33.36% |
47.05% |
30.59% |
|
Relative to Sector
|
1.72% |
1.95% |
1.60% |
2.71% |
31.30% |
|
Rank within sector
|
55/302 |
75/302 |
111/299 |
103/287 |
13/261 |
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 UK Special Situations A Acc GBP
|
20.58% |
4.26% |
8.29% |
54.83% |
-15.47% |
|
UT UK All Companies
|
16.83% |
0.40% |
11.11% |
50.53% |
-31.22% |
|
Relative to Sector
|
3.20% |
3.85% |
-2.53% |
2.86% |
22.89% |
|
Rank within sector
|
69/299 |
46/293 |
191/286 |
191/286 |
2/261 |
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 |
|
UK Equities |
96.10% |
| 2 |
|
Money Market |
3.90% |
Region Breakdown - as at April 30, 2013
| Rank |
Key |
Name |
%
Weighting |
| 1 |
|
UK |
96.10% |
| 2 |
|
Cash |
3.90% |
Sector Breakdown - as at April 30, 2013
| Rank |
Key |
Name |
%
Weighting |
| 1 |
|
Industrials |
20.60% |
| 2 |
|
Financials |
14.80% |
| 3 |
|
OTHERS |
12.00% |
| 4 |
|
Consumer Services |
10.80% |
| 5 |
|
Consumer Goods |
10.50% |
| 6 |
|
Oil & Gas |
9.90% |
| 7 |
|
Health Care |
9.20% |
| 8 |
|
Telecommunications |
8.30% |
| 9 |
|
Cash |
3.90% |
Top Holdings - as at April 30, 2013
| Rank |
Name |
%
Weighting |
Rank |
Name |
%
Weighting |
| 1 |
GLAXOSMITHKLINE |
8.00% |
6 |
GRAFTON GROUP |
5.20% |
| 2 |
HSBC HLDGS |
7.20% |
7 |
UNILEVER |
3.50% |
| 3 |
ROYAL DUTCH SHELL |
6.60% |
8 |
SIG |
3.30% |
| 4 |
SIGNET JEWELERS LTD |
5.60% |
9 |
BP |
3.30% |
| 5 |
VODAFONE GROUP |
5.20% |
10 |
TRAVIS PERKINS |
3.10% |