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Tailored for investment professionals this site provides information on our products, strategies and services. Please remember capital is at risk and past performance is not a guide to the future.

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Investec Global Franchise Fund

The Fund aims to provide an attractive level of growth by investing in companies which, we believe, are high quality and typically associated with being world leaders in their field.

Fund highlights

Seeks consistency in an uncertain world


Why choose the Investec Global Franchise Fund?

 The Investec Global Franchise Fund takes a differentiated approach to investing in quality companies.

  • It invests in world-leading companies from around the globe, many of which have long trading histories.
  • It is a high-conviction portfolio of 25–40* stocks, which typically have high customer loyalty, strong brands, low debt and are more resilient in times of economic uncertainty.
  • The Fund avoids capital intensive and/or leveraged businesses so holds no resource stocks, utilities or banks.
  • Long-term track record of outperformance, with lower volatility and correlation with traditional benchmarks.
  • Managed by an experienced team with a long history of employing the Quality investment style.
  • Portfolio currency hedged share classes available, which hedge all non-US dollar currency exposure into US dollar.

*These are internal parameters and subject to change without prior notification.


Seeks consistency in an uncertain world

We believe the Investec Global Franchise Fund has the right attributes to withstand mosteconomic conditions.

Average rolling 12 month performance

gsf-gff-performance.jpg

Calendar (and Index**) year returns: 2018: -4.5 (-9.4%) 2017: 23.8% (24.0%); 2016: 0.1% (7.9%); 2015: 8.2% (-2.4%); 2014: 3.5% (4.2%)

Source: Investec Asset Management, 30.06.19. Performance is net of fees (NAV based, including ongoing charges, excluding initial charges), gross income reinvested, in USD. Rolling 12-month periods since inception: 30.04.07. See below for full performance history explanation.



Excellent track record with low volatility since inception*

The Fund has delivered an excellent track record since inception*, outperforming its performance comparison index and peer group, with relatively lower levels of volatility.


1 year 3 year p.a. 5 years p.a. Since inception p.a.*
Investec Global Franchise A Acc 10.7% 10.1% 8.1% 7.0%
MSCI AC World NR** 5.7% 10.7% 11.6% 4.5%
Relative performance 5.0% -1.5% 2.0% 2.4%
Quartile ranking 1 2 1 1

Source: Morningstar, as at 30.06.19.
+ Inception date 10 April 2007. The performance is based on the OEIC Investec Global Select Equity Fund from 10 April 2007 which then merged into the Luxembourg-domiciled Investec GSF Global Franchise Fund on 04 July 2009.
* Comparison index: At Inception = MSCI World NR; Current Since 1 Oct 2011 = MSCI AC World NR
** MSCI ACWI Quality NDR shown as an additional reference point
Quartile ranking within GIFS Global Large-Cap Blend Equity sector.

 


Specific risks: Currency exchange: Changes in the relative values of different currencies may adversely affect the value of investments and any related income.
Derivatives: The use of derivatives is not intended to increase the overall level of risk. However, the use of derivatives may still lead to large changes in value and includes the potential for large financial loss. A counterparty to a derivative transaction may fail to meet its obligations which may also lead to a financial loss. Equity investment: The value of equities (e.g. shares) and equity-related investments may vary according to company profits and future prospects as well as more general market factors. In the event of a company default (e.g. insolvency), the owners of their equity rank last in terms of any financial payment from that company. Concentrated portfolio: The portfolio invests in a relatively small number of individual holdings. This may mean wider fluctuations in value than more broadly invested portfolios.

 

Clyde Rossouw

Portfolio Manager

Important information

All information is as at 30.06.19 unless otherwise stated.

Fund ratings may be provided by independent rating agencies based on a range of investment criteria, and do not constitute investment advice by Investec Asset Management. For a full description of the ratings please see www.investecassetmanagement.com/ratings.

Indices are shown for illustrative purposes only, are unmanaged and do not take into account market conditions or the costs associated with investing. Further, the manager’s strategy may deploy investment techniques and instruments not used to generate Index performance. For this reason, the performance of the manager and the Indices are not directly comparable.

If applicable MSCI data is sourced from MSCI Inc. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

Some of the funds displayed on this page may not be registered in your region and will therefore not be available for sale . Please visit www.investecassetmanagement.com/registrations to check registration by country.