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INVESTEC GLOBAL GOLD A - Fund overview

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Overview of INVESTEC GLOBAL GOLD A

The fund aims to achieve long term capital growth primarily through investment in equities and in derivatives, the underlying assets of which are equities issued by companies around the globe involved in gold mining. The fund may also invest up to one third in companies around the globe that are involved in mining for other precious metals and other minerals and metals. The fund is benchmark agnostic, therefore the portfolio weightings are based on conviction levels determined by bottom up stock selection.

Standard Initial Charge

4.50% 0.00%

Invest via Bestinvest

to save 4.50%

Fund summary

Sector  Specialist
Product type  OEIC
Launched  April, 2006
Size  £188m
Yield 0.0%
Charging basis  Income
Dividends paid  Acc units only.
Bid price 159.60p

Fund Charges

Standard Initial charge 4.50%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 2.00%
Reduction in yield (10yr) 2.00%

Bestinvest says


No information available.

Portfolio

investec global gold a asset allocation illustration
Allocation Proportion
Equity
High yield bonds
Quality bonds
Property
Commodities 95%
Hedge
Fund cash 5%
investec global gold a equity geographic illustration
Allocation Proportion
UK 12%
Europe
Nth America 60%
Japan
Pacific 15%
Other Equity 12%
investec global gold a equity capitalisation illustration
Allocation Proportion
Large Caps 61%
Mid Caps 31%
Small Caps 8%

Investment process


The investment process of the fund has three stages, including both qualitative and quantitative analysis. The first stage involves screening of the precious metals investment universe using four characteristics: valuation, strategy, earnings revisions and technicals. The most attractive ideas are then subjected to further fundamental analysis, identifying companies which have a range of attractive characteristics. The key focus is on earnings dynamics measured by relative valuation models that assess the company’s net present value. The bottom up stock selection process is then completed with the construction of the portfolio, consisting of the team’s best investment ideas, with the weightings of the individual equities based entirely on conviction levels.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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