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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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Fund highlights

  • Focus on Quality companies – world leaders with long-term sustainable businesses maintained through high barriers to entry and competitive advantages.
  • Seeks above market dividend yield and strong dividend growth – companies generating sustainably high levels of free-cash-flow to drive future dividend growth.
  • Reduced uncertainty in an uncertain world – very downside aware with historically smaller drawdowns in falling markets, the Strategy had provided very attractive total returns with lower volatility.

     

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Portfolio Manager interviews


Meet the managers


Our approach


What makes the Fund different

 

Long-term outperformance

Since launch in March 2007, the Luxembourg-domiciled Investec GSF Global Quality Equity Income Fund† has delivered excellent, top-decile, long-term growth and first percentile risk-adjusted returns.

Risk vs. return since March 2007, in GBP



Source: Morningstar, 30.09.17.

Reduced uncertainty in an uncertain world

The Fund† has a proven track record of outperformance in falling markets, dampening drawdowns for investors. Equally, the Fund has historically kept up with rising equity markets, resulting in attractive long-term outperformance.

Average rolling 12 month performance, in GBP

Past performance should not be taken as a guide to the future, losses may be made. Data is not audited. Source: Morningstar, 30.09.17. Performance is net of annual management fees and excludes any initial charges, in GBP. Cumulative returns are calculated on a bid to bid basis of the A Inc class with gross income reinvested in USD. Average rolling performance is calculated on rolling 12 month periods since inception: 30.03.07.
 

Superior dividend growth

Avoiding capital intensive sectors such as utilities and natural resources, we focus on capital light Quality companies that can pay a growing and sustainable dividend to investors.

Dividend received from US$100, invested in 1984 — superior dividend growth leads to far higher long-term realised yields

Source: Investec Asset Management, FactSet, 31.12.16. This is not a recommendation to buy, sell or hold a particular security. The specific companies discussed herein are included to demonstrate the overall effect of compounding at the stock level, we compared a typical high quality health care company, with a fairly typical high growth cyclical mining company, and a fairly typical bond proxy utility company. The returns from different companies within these sectors will be different, with some better and some worse performers, but we think that these examples illustrate the point we are trying to make. No representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.


Learn more about Quality companies for growth and Income

Blake Hutchins

Portfolio Manager

Clyde Rossouw

Portfolio Manager

Abrie Pretorius

Portfolio Manager



Watch the Masterclass

Important Information

All information is as at 30.09.17 unless otherwise stated.

The Fund’s investment objectives and performance targets will not necessarily be achieved and there is no guarantee that these investments will make profits; losses may be made. Past performance is not a reliable indicator of future results.

Fund specific risks:

Currency exchange: Changes in the relative values of different currencies may adversely affect the value of the Fund’s investments and any related income.

Derivatives: The use of derivatives is not intended to increase the overall level of risk in the Fund. However, the use of derivatives may still lead to large changes in the value of the Fund and includes the potential for large financial loss.

Charges from capital: For Inc-2 shares classes, expenses are charged to the capital account rather than to income. This has the effect of increasing income (which may be taxable) whilst reducing capital to an equivalent extent. This could constrain future capital and income growth.

Concentrated portfolio: The Fund invests in a relatively small number of individual holdings. This may mean the value of the Fund may fluctuate more widely than more broadly invested funds.

Indices:

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.