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.
The Investec Global Franchise Fund takes a differentiated approach to investing in quality companies.
*These are internal parameters and subject to change without prior notification.
We believe the Investec Global Franchise Fund has the right attributes to withstand most economic conditions.
Average rolling 12 month performance
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, 30.09.19.
Comparison index: At Inception = MSCI World NR; Current Since 1 Oct 2011 = MSCI AC World NR.
Rolling 12 month periods since inception: 30.04.07. Please note month-end performance data is used. 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.
The Fund has delivered an excellent track record since inception✝, outperforming its performance comparison index and peer group, with relatively lower levels of volatility.
|6 MONTH||1 YEAR||3 YEARS P.A.||5 YEARS P.A.||SINCE INCEPTION P.A.+|
|Investec GSF Global Franchise A Acc||3.3%||5.6%||9.8%||8.4%||6.8%|
|MSCI AC World NR*||3.6%||1.4%||9.7%||6.7%||4.4%|
Past performance is not a reliable indicator of future results, losses may be made.
Source: Morningstar, Investec Asset Management and StatPro Composites, 30.09.19. 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.
✝ 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.
The value of investments, and any income generated from them, can fall as well as rise. Where charges are taken from capital, this may constrain future growth.
Past performance is not a reliable indicator of future results. If any currency differs from the investor's home currency, returns may increase or decrease as a result of currency fluctuations.
Investment objectives and performance targets may not necessarily be achieved, losses may be made.
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.
All information is as at 30.09.19 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.