Investec GS Global Strategic Equity

INTERNATIONAL FUNDS ISLE OF MAN
Investec GS Global Strategic Equity
February 2015
This factsheet is for information only and should not be considered a
financial promotion. This information should not be relied upon for buying
and selling decisions.
FUND OBJECTIVE
MIRROR FUND KEY FACTS
The Fund aims to grow the value of your investment over the long
term. The Fund invests around the world primarily in the shares of
companies which are believed to offer above average opportunities
for capital gains. For example, companies that are believed to be of
high quality (such as global brands) or offer good value (meaning
they are undervalued within the market), those expected to benefit
from increases in profit expectations or are currently or expected to
receive increased investor demand. The Fund may use derivatives
(financial contracts whose value is linked to the price of an
underlying asset) for efficient portfolio management purposes e.g.
with the aim of either managing the Fund risks or reducing the
costs of managing the Fund.
FP Code:
Currency:
Launch Date:
FPI Risk Rating:
Fund Key:
Dealing:
Sector Classification:
Sharia Compliant:
Index Tracker:
Socially Responsible Investment:
SFC Authorised:
MAS Approved:
FPI MIRROR FUND RISK RATING
UNDERLYING FUND KEY FACTS
J74
USD
Aug 1997
3
S
Daily
Equity - International
No
No
No
Yes
Yes
Sedol Code:
B2PT458
ISIN Code:
LU0345770308
Launch Date:
06/04/1994
Fund Management Company:
Investec Asset Mgt Limited
Fund Manager:
Mark Breedon
Manager Since:
07/01/2004
Fund Size (as at 31/01/2015):
USD 1409m
Annual Management Charge:
1.50%
Additional Expenses (as at 30/06/2012):
0.44%
Ongoing Charges Figure (as at 31/12/2014):
1.94%
Grade 3: These funds take a balanced approach to
investment by holding a diverse portfolio of assets.
The fund price may go up and down depending on investment
performance and is not guaranteed. You may get back less than
you’ve paid in.
The Ongoing Charges Figure is a measure of the total annual charge of the
underlying fund and is the Annual Management Charge plus the Additional
Expenses
DPPI MIRROR FUND SEARCH SCHEME
Dynamic Portfolio Planner International (DPPi) is our online, adviser only,
portfolio-planning tool. The Mirror Fund Search Scheme is used to filter our Sector Classification:
mirror fund range by defining broad asset classes in order to refine a search. Crown Rating:
Morningstar OBSR Rating:
This fund is classified as:
Equity - International
Further information on the Crown Rating and Morningstar OBSR Rating
can be found at www.financialexpress.net and www.morningstar-obsr.co.uk
FUND KEY
S : Fund also available (though not restricted) to Singapore investors.
UNDERLYING FUND BREAKDOWN
Sector Allocation (as at 31/12/2014)
Asset Allocation (as at 31/12/2014)
22.70%
Financials
17.20%
Health Care
Global Emerging Market
Equities
11.00%
12.10%
Consumer Discretionary
Japanese Equities
10.30%
Industrials
Energy
18.10%
Europe ex UK Equities
16.70%
Information Technology
56.50%
North American Equities
Asia Pacific ex Japan
Equities
5.50%
10.40%
2.00%
Materials
4.20%
Money Market
1.10%
Consumer Staples
4.10%
UK Equities
0.90%
Telecommunications
Utilities
3.80%
Utilities
2.30%
TOP HOLDINGS (as at 31/12/2014)
Holding
1.
2.
3.
4.
5.
HEWLETT-PACKARD CO
CITIGROUP INC
MACY`S INC
AMERISOURCEBERGEN CORP
NOVARTIS AG
% of Fund
2.60%
2.50%
2.50%
2.30%
2.10%
Holding
6. THERMO FISHER SCIENTIFIC INC
7. ON SEMICONDUCTOR CORP
8. NIPPON TELEGRAPH & TELEPHONE CORP
9. NXP SEMICONDUCTORS NV
10. UNITEDHEALTH GROUP INC
% of Fund
2.10%
2.00%
1.80%
1.80%
1.80%
INTERNATIONAL FUNDS ISLE OF MAN
Investec GS Global Strategic Equity
February 2015
The information shown below refers to the past. Past performance is not a reliable guide to future performance.
Performance figures are net of all charges. Please note that the securities held within a fund may not be denominated in the currency of that fund
and, as a result, fund prices may rise and fall purely on account of exchange rate fluctuations.
PERFORMANCE OF MIRROR FUND OVER ROLLING ONE YEAR PERIODS (as at 31/12/2014)
31/12/2009 31/12/2010
31/12/2010 31/12/2011
31/12/2011 31/12/2012
31/12/2012 31/12/2013
31/12/2013 31/12/2014
8.80%
-10.28%
16.34%
28.04%
5.17%
Investec GS Global Strategic Equity
* This fund was not available during this time frame
Figures are for periods from Quarter 4 to Quarter 4 of each year.
RELATIVE PERFORMANCE OF UNDERLYING FUND OVER ROLLING ONE YEAR PERIODS (as at 31/12/2014)
31/12/2009 31/12/2010
31/12/2010 31/12/2011
31/12/2011 31/12/2012
31/12/2012 31/12/2013
31/12/2013 31/12/2014
Quartile Rank
Q3
Q3
Q1
Q2
Q1
Absolute Rank
150/275
160/302
44/336
108/383
75/429
Figures are for periods from Quarter 4 to Quarter 4 of each year.
Quartile rank – if a fund is ranked in the top 25% of funds available within its investment sector over the period shown, it is shown as Q1. Funds
ranked in the next 25% are ‘Q2’ etc. Funds in the bottom 25% are ‘Q4’.
Absolute rank – shows the fund’s relative positioning when its performance is compared to the other funds in the Financial Express sector.
PERCENTAGE GROWTH OF MIRROR FUND OVER FIVE YEARS (as at
31/01/2015)
70%
CUMULATIVE PERFORMANCE OF MIRROR FUND (as at 31/01/2015)
% growth
Since Launch
60%
168.06
1 Year
6.81
50%
3 Years
45.70
40%
5 Years
59.71
30%
10 Years
56.99
20%
ANNUALISED PERFORMANCE OF MIRROR FUND (as at 31/01/2015)
10%
% growth
0%
-10%
Feb 10
Since Launch
Aug
Feb 11
Aug
Feb 12
Aug
Feb 13
Aug
Feb 14
Aug
29/01/2010 - 30/01/2015 Powered by data from FE
Standard Deviation*
5.81
11.98%
* Standard Deviation is a measure of a fund’s risk and volatility. It gives an
indication of how much a fund’s price goes up and down in value. So the
higher the volatility measure, the greater the risk. The above figure is an
annualised figure over a three-year time period.
Source: Financial Express Ltd, on a bid to bid basis. Figures to 31/01/2015
IMPORTANT INFORMATION REGARDING MIRROR FUNDS
For each fund managed by external investment managers Friends Provident International has set up its own mirror fund, which invests exclusively in
the underlying fund, apart from a proportionately small amount, which may be held as a cash balance. This means that the price of the Friends
Provident International fund will be different from the corresponding fund due to the cash holding and any differences in fund charges, but will move
mainly in line with it. These mirror funds can only be accessed using Friends Provident International product wrappers. Please note that there are
fees charged to investments in the mirror funds that will affect their return. For further details, please refer to the relevant fund information
brochure.
Friends Provident International Limited
Registered and Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA.
Telephone: +44(0) 1624 821 212 Fax: +44(0) 1624 824 405 Website: www.fpinternational.com
Incorporated company limited by shares. Registered in the Isle of Man, number 11494.
Authorised by the Isle of Man Insurance and Pensions Authority.
Provider of life assurance and investment products.
Authorised by the Office of the Commissioner of Insurance to conduct long-term insurance business in Hong Kong.
Registered in the United Arab Emirates as an insurance company (Registration No. 76).
Registered with the Ministry of Economy as a foreign company (Registration No. 2013): Registration date 19 April 2007.
Authorised by the United Arab Emirates Insurance Authority to conduct life assurance and funds accumulation operations.
Registered in Singapore No. F06835G.
Licensed by the Monetary Authority of Singapore to conduct life insurance business in Singapore.
Friends Provident International is a registered trade mark of the Friends Life group.