Investec Global Strategy Fund - European High Yield Bond Fund A Inc-2 EUR
Investec Global Strategy Fund (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

The Fund aims to provide income and long-term capital growth that is greater than that provided by current European high yield bond markets (as represented by market indices - the weighted average of a selected basket of bonds). The Fund invests primarily in a broad range of higher interest paying bonds (contracts to repay borrowed money which typically pay interest at fixed times), priced in Euro or Sterling. These bonds are issued by governments, institutions or companies from around the world operating in the Eurobond (a market for bonds priced in a currency other than that of the country of the issuer), sterling domestic or euro domestic markets. The bonds may be of investment grade (high quality) or below investment grade as rated by the credit rating agencies (companies that rate the ability of the issuers of bonds to repay borrowed money). The Fund’s investments are primarily priced in euro or hedged (an investment technique which aims to protect the value of an investment against currency movements) back into euro. The Fund may invest in other assets such as cash, other funds (which may be managed by the Investment Manager, other companies in the same group as the Investment Manager or a third party) and derivatives (financial contracts whose value is linked to the price of an underlying asset). Derivatives may be used for investment purposes (i.e. in order to achieve the Fund’s investment objectives) or for efficient portfolio management purposes e.g. with the aim of either managing the Fund risks or reducing the costs of managing the Fund. The Investment Manager is free to choose how the Fund is invested and does not manage it with reference to an index. Any income due from your investment is paid out to you monthly. You can buy or sell shares in the Fund on any Business Day in Luxembourg and the UK, as defined in the definitions section of the Investec Global Strategy Fund’s prospectus. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within the short to medium term.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
3
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 27/03/202015.04
Morningstar categoryEUR High Yield Bond
CurrencyEUR
Distribution statusDistributing
ISINLU0345766611
Inception Date26/11/1990
Minimum initial amount750.00 EUR
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.48% of which 0.50% is paid to MeDirect
Fund management company
AddressNinety One Luxembourg S.A. 2-4 Avenue Marie-Thérèse, Luxembourg, L-2132 Luxembourg L-2132 Luxembourg
Manager NameJeff Boswell
Manager Start Date01/04/2015
Websitewww.ninetyone.com
Total Net Assets (mil)92.58 EUR (29/02/2020)
UCITSYes
AdministratorState Street Bank International GmbH, Luxembourg Branch

Documents

Prospectus
en 30/11/2019
Annual Report
en 31/12/2018
Semi Annual Report
en 30/06/2019
Morningstar Report
30/03/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year-9.69%27/03/2020
3 years-2.11%27/03/2020
5 years0.39%27/03/2020
10 years2.95%27/03/2020
Since launch4.79%27/03/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-14.29%
1 month-13.51%
3 months-14.24%
6 months-12.51%
Quarterly Returns
Q 1Q 2Q 3Q 4
2020----
20194.78%1.96%1.12%2.02%
2018-1.36%-1.73%1.91%-3.49%
20171.73%2.11%1.15%0.67%
20161.71%1.44%3.68%1.61%
Dividend
Date ex dividendGross dividendPayment Date
02/01/20200.0615/01/2020
02/01/20190.0515/01/2019
02/01/20180.0616/01/2018
03/01/20170.0717/01/2017
04/01/20160.4515/01/2016
02/01/20150.5015/01/2015
02/01/20140.5715/01/2014
02/01/20130.6615/01/2013
03/01/20120.7316/01/2012
04/01/20110.8017/01/2011
04/01/20100.9615/01/2010
02/01/20090.4415/01/2009
02/01/20080.3915/01/2008
02/01/20070.3616/01/2007
02/01/20060.3916/01/2006
03/01/20050.4017/01/2005
02/01/20040.5415/01/2004
01/01/20030.3515/01/2003
01/01/20020.4916/01/2002
03/04/20010.4318/04/2001
03/04/20000.5711/04/2000
30/03/19990.1712/04/1999
30/03/19980.3308/04/1998
31/03/19970.2910/04/1997
29/03/19960.3601/04/1996
30/03/19950.3511/04/1995
30/03/19940.4312/04/1994
30/03/19930.4711/04/1993
31/03/19920.5511/04/1992
29/03/19910.4811/04/1991
28/12/19900.1317/01/1991

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond87.25%3.12%84.13%
Cash103.20%97.55%5.65%
Other12.83%2.61%10.22%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
3.843.524.36
Sharpe Ratio
1.150.750.79
Sortino Ratio
1.881.261.46
Positive Months9.0023.0037.00
Negative Months2.0012.0022.00
Worst Month-1.99-1.99-2.26
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
Virgin Media Sec Finance PLC 5% 15/04/2027United Kingdom3.15
Telefonica Europe B V 2.62% Spain2.77
Telecom Italia S.p.A. 2.75% 15/04/2025Italy2.70
iShares € High Yield CorpBd ETF EUR Dist Ireland2.31
ZIGGO B.V. 4.25% 15/01/2027Netherlands1.93
Vodafone Group plc 7% 04/04/2079United Kingdom1.76
Cott Finance Corporation 5.5% 01/07/2024Canada1.71
Orange S.A. 5% France1.64
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
No Data Available
15.04
Closing Price
All key information and documents must be reviewed before being able to Invest.