Ninety One Global Strategy Fund - Latin American Smaller Companies Fund A Acc USD
Ninety One Global Strategy Fund (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

The Fund aims to provide long-term capital growth. The Fund invests primarily in the shares of either small Latin American companies, or companies with material links to small companies in Latin America. 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 reflected in the value of your shares rather than being paid out. You can buy or sell shares in the Fund on any business day in both the UK and Luxembourg except days which are Carnival public holidays in Brazil, as defined in the Investec Global Strategy Fund’s (“IGSF”) prospectus (section 3). 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
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 17/09/202020.00
Morningstar categoryLatin America Equity
CurrencyUSD
Distribution statusAccumulating
ISINLU0767456840
Inception Date11/06/2012
Minimum initial amount3,000.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.99% of which 0.75% 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 NameCarina Güerisoli
Manager Start Date11/06/2012
Websitewww.ninetyone.com
Total Net Assets (mil)698.30 USD (31/08/2020)
UCITSYes
AdministratorState Street Bank International GmbH, Luxembourg Branch

Documents

Prospectus
en 01/06/2020
Annual Report
en 31/12/2019
Semi Annual Report
en 30/06/2020
Morningstar Report
18/09/2020

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.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in USD
PeriodAnnualised returnDate
1 year-10.91%17/09/2020
3 years-4.98%17/09/2020
5 years8.26%17/09/2020
Since launch0.00%17/09/2020
Cumulative performance in USD
Performance
YTD 01/01/2020-22.03
1 month3.52
3 months8.64
6 months37.55
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-47.25%34.22%--
20193.37%8.96%-0.35%13.20%
20182.42%-18.27%-1.76%6.10%
201717.21%4.36%19.88%2.07%
201612.34%7.84%4.11%-6.08%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock98.62%0.00%98.62%
Bond0.00%0.00%0.00%
Cash7.06%5.68%1.38%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
50.3832.7328.06
Sharpe Ratio
0.060.040.40
Sortino Ratio
0.070.050.52
Positive Months7.0018.0034.00
Negative Months5.0018.0026.00
Worst Month-39.73-39.73-39.73
World Regions
Region%
Latin America88.73
United States9.89
Stock Sector Weighting
Sector% of Equity
Consumer Cyclical
28.43
Consumer Defensive
15.11
Technology14.95
Financial Services12.78
Real Estate7.26
Healthcare6.75
Industrials6.27
Basic Materials3.32
Communication Services2.59
Energy1.13
Top 10 Holdings
HoldingSectorCountry% of Assets
Globant SA TechnologyUnited States9.89
Magazine Luiza SA Consumer CyclicalBrazil9.68
B2W - Companhia Digital Consumer CyclicalBrazil5.30
Localiza Rent A Car SA IndustrialsBrazil4.44
Afya Ltd Consumer DefensiveBrazil3.68
YDUQS Participacoes SA Consumer DefensiveBrazil3.66
InRetail Peru Corp Consumer CyclicalPeru3.48
Bradespar SA Participating Preferred Financial ServicesBrazil3.05
PagSeguro Digital Ltd Class A TechnologyBrazil2.88
La Comer SAB de CV 3 Shs -B- + 1 Sh -C- Consumer CyclicalMexico2.76
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
$
20.00
Closing Price
All key information and documents must be reviewed before being able to Invest.