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Ninety One Global Strategy Fund - Global Multi-Asset Income Fund A Inc-2 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 income with the opportunity for long-term capital growth. The Fund invests primarily in a mix of assets including: bonds (contracts to repay borrowed money which typically pay interest at fixed times), the shares of companies and related derivatives (financial contracts whose value is linked to the price of an underlying asset). Normally the Fund will invest no more than 40% of its value in the shares of companies. The Fund may currently invest up to 10% of its value in mainland China. The Investment Manager may decide to increase this limit to 20% but will give investors prior written notice before doing so. 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
Neutral
Neutral
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 24/06/202119.23
Morningstar categoryUSD Cautious Allocation
CurrencyUSD
Distribution statusDistributing
ISINLU0953506580
Inception Date30/07/2013
Minimum initial amount750.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.60% of which 0.58% 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 NameJohn Stopford
Manager Start Date26/07/2011
Websitewww.ninetyone.com
Total Net Assets (mil)2,015.72 USD (31/05/2021)
UCITSYes
AdministratorState Street Bank International GmbH, Luxembourg Branch

Documents

Prospectus
en 01/06/2021
Annual Report
en 31/12/2020
Semi Annual Report
en 30/06/2020
Morningstar Report
25/06/2021

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 year6.94%22/06/2021
3 years4.13%22/06/2021
5 years4.10%22/06/2021
Since launch3.87%22/06/2021
Cumulative performance in USD
Performance
YTD 01/01/20211.17
1 month-0.29
3 months0.80
6 months2.17
Quarterly Returns
Q 1Q 2Q 3Q 4
20210.63%---
2020-7.18%6.64%1.53%4.45%
20193.35%0.64%-0.03%2.13%
20180.30%-0.01%0.46%-0.22%
20171.99%1.26%1.00%1.61%
Dividend
Date ex dividendGross dividendPayment Date
04/01/20210.0514/01/2021
02/01/20200.0615/01/2020
02/01/20190.0415/01/2019
02/01/20180.0516/01/2018
03/01/20170.1917/01/2017
04/01/20160.2215/01/2016
02/01/20150.1915/01/2015
02/01/20140.2115/01/2014
01/10/20130.1714/10/2013

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock32.10%19.51%12.59%
Bond82.53%31.37%51.16%
Cash172.89%141.20%31.69%
Other4.58%0.02%4.56%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
3.235.004.17
Sharpe Ratio
2.710.600.72
Sortino Ratio
12.420.811.01
Positive Months11.0027.0044.00
Negative Months1.009.0016.00
Worst Month-0.69-5.90-5.90
World Regions
Region%
United States10.89
Eurozone7.24
United Kingdom6.19
Europe - ex Euro2.46
Asia - Emerging1.79
Asia - Developed1.18
Latin America0.65
Europe - Emerging0.41
Canada0.14
Stock Sector Weighting
Sector% of Equity
Financial Services5.33
Consumer Defensive
4.92
Healthcare4.38
Industrials3.48
Utilities2.87
Real Estate2.78
Basic Materials2.65
Consumer Cyclical
2.26
Technology1.68
Energy0.58
Top 10 Holdings
HoldingSectorCountry% of Assets
Ninety One GSF Glb TtlRetCrdt S Inc2 USD Luxembourg2.34
New Zealand Local Government Funding Agency Ltd 3.5% 14/04/2033New Zealand1.94
South Africa (Republic of) 10.5% 21/12/2026South Africa1.57
Province of British Columbia 4.7% 18/06/2037Canada1.50
Indonesia (Republic of) 5.625% 15/05/2023Indonesia1.38
Indonesia (Republic of) 8.125% 15/05/2024Indonesia1.33
Mexico (United Mexican States) 6.5% 09/06/2022Mexico1.29
Indonesia (Republic of) 6.5% 15/06/2025Indonesia1.28
Mexico (United Mexican States) 8% 07/12/2023Mexico1.23
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
$
19.23
Closing Price
All key information and documents must be reviewed before being able to Invest.

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MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). MeDirect Bank (Malta) plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994.