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Investec European Equity Fund


Key Benefits:

Three current investment themes1

The Fund currently focuses on companies which are global winners, Europe exposed and avoids challenged industries.

Award-winning five star Fund2

Launched in 1985, the Fund has outperformed its comparative index. With its excellent performance, it has a five-star Morningstar rating and won numerous international awards.

4FactorTM bottom-up stock selection

Benchmark, style and size agnostic, the Fund uses our proprietary 4FactorTM investment process to select attractively valued, good quality companies.


Learn more about European Equity Fund

Three investment themes1 to capture the potential earnings growth of European equities

  • We believe economic conditions in Europe have improved and there is considerable scope for corporate profit margins to grow with a continued economic recovery.
  • Company balance sheets have strengthened, creating opportunities to add value.
  • The Fund seeks three types of European companies: two to invest in, and one to avoid unless the right circumstances exist.

Excellent track record of outperformance2

  • The Fund has a long track record of having outperformed its comparative index.

6 mths1 year3 years p.a.5 years p.a.Since launch p.a.
Investec European Equity Fund A Inc 17.9% 23.6% 8.0% 13.6% 11.8%3
Investec European Equity Fund A Inc (including 5% initial charge) 12.0% 17.4% 6.2% 12.4% 11.6%3
Investec European Equity Fund A Acc USD Hedged (Porfolio - AC) 9.4% 20.4% 12.3% - 11.8%4
Investec European Equity Fund A Acc USD Hedged (Porfolio - AC) (including 5% initial charge) 3.9% 14.4% 10.4% - 10.0%4
Compartive index5 14.3% 22.3% 4.4% 8.6% 10.9%3


An award-winning Fund


Learn more about European Equity Fund

1 The investment themes within the portfolio may vary over time in response to changes in market and other factors. Any internal investment parameters are subject to change without any notice. 2 Source: © 2017 Morningstar. All Rights Reserved. Morningstar overall rating based on A Inc USD share class as at 30 September 2017. Morningstar rates mutual funds based on how well they’ve performed (after adjusting for risk and accounting for all sales charges) in comparison to similar funds, the top 10% of funds receive five stars. Performance data as at 30 September 2017, NAV to NAV, (inclusive of all annual management fees), gross income reinvested, in USD. Please note that on 30 November 2012, the Fund changed its investment objective to include UK stocks. The performance of years prior to 2012 was achieved under circumstances that may no longer apply. 3 Performance data based on the inception date of A Inc USD share class – 25 January 1985. 4 Since inception of A Acc USD Hedged (Portfolio – AC) on 14 July 2014. 5 MSCI Europe NR (pre 30.11.12 MSCI Eur ex UK NR). The comparative index may vary. As such the performances of the “composite” comparative index may consist of a combination of the old comparative index prior to the change and the current comparative index post the change. 6 Source: Thomson Reuters Lipper, based on the performance of A Inc USD share class as at 31 December 2016. From Thomson Reuters Lipper Awards, ©2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. 7 Source: Citywire, Best Group Awards are based on Citywire’s Global Group Ratings. These assess a fund group’s average risk-adjusted returns in a particular sector, over seven years to 31.12.16. 8 Source: Benchmark, based on the performance of A Inc USD share class as at 30.09.16. 9 Source: Investec Asset Management, as at 30 September 2017.

Portfolio Manager 

Ken Hsia

  • 13 years with the firm
  • 23 years industry experience
Launch date 25/01/1985
Fund size US$2,599.8 million
Initial charge A share – Up to 5% of the amount you buy
Annual management fee A share – 1.50%
Currency USD and EUR

LU0345777147 (A Acc USD) 

LU0345777659 (A Inc USD)

LU0440694585 (A Acc Eur) 

LU1078025761 (A Acc USD Hedged (Portfolio – AC))

LU1194089030 (A Inc EUR)

Bloomberg code



GUICAAE (A Acc Eur) 

IGSAPHD (A Acc USD Hedged (Portfolio – AC))



The value of this investment, and any income generated from it, will be affected by changes in interest rates, general market conditions and other political, social and economic developments, as well as by specific matters relating to the assets in which it invests. The Fund’s investment objective will not necessarily be achieved and investors are not certain to make profits; losses may be made. The Fund may use or invest in financial derivatives. Past performance figures shown and any forecasts on the economy, stock or bond market, or economic trends that are targeted by the fund, are not indicative of future performance. Investment involves risks. Investors should read the Prospectus for details, including the risk factors. All the information contained in this communication is believed to be reliable but may be inaccurate or incomplete. Any opinions stated are honestly held but are not guaranteed and should not be relied upon. This is not a buy, sell or hold recommendation for any particular security. The portfolio may change significantly over a short period of time. This communication is provided for general information only. It is not an invitation to make an investment nor does it constitute an offer for sale.

The value of the shares in the fund and the income accruing to the shares, if any, may fall or rise. Potential investor should read the details of the Prospectus before deciding to subscribe for or purchase the Fund. Investment involves risk. Please refer to the Singapore Offering Documents (including the risk factors set out therein) and the relevant Product Highlights Sheet for details which are available at your bank or financial adviser. Investors may wish to seek advice from a financial adviser before making a commitment to purchase shares of the Fund. In the event that an investor chooses not to seek advice from a financial adviser, he/she should consider carefully whether the Fund in question is suitable for him/her. For more information, please contact your bank and financial advice. this document is issued by Investec Asset Management Singapore Pte Limited (company registration number: 201220398M).