Investec Managed Fund

18 December 2017

General Information

Status Open
Fund category: Unit Trust
Management company: Investec Fund Managers SA (RF) (Pty) Ltd.
Asset Manager(s): Gail Daniel
Sector South African--Multi Asset--High Equity
Benchmark Peer group average
Launch Date 10 February 1994
Fund Value ZAR 11,571,595,003.00 as at 30 Sep 2017
Risk Rating
Low Risk  High Risk
Performance Target N/A
Status is provided by the management company. This does not provide an indication of the availability of the fund within an Old Mutual product and may differ from the status of the fund within a product. The displayed risk rating may differ from the risk rating provided by the management company, where deemed appropriate.


Fund Description

The Investec Managed Fund aims to provide investors with stable growth of capital over the long term. The objective is to achieve returns well in excess of the fund's peer group average, measured over three to five year periods.

The fund invests in a mix of South African equities, bonds and money market instruments, as well as international equity and fixed interest investments. Regulation 28 currently limits equity exposure to 75% of the fund (90% with listed property) and international exposure to 25% (for retirement funds exempted from the 15% limit). The allocation of assets is actively managed with a strong bias towards equities.

Fund features
-A balanced fund for investors who don't want to actively manage their own asset allocation
-Flexible investment style and stock selection process


Prices

Latest NAV/Sell Price: ZAR 1,078.36 15 Dec 2017
Highest NAV/Sell Price: ZAR 1,108.32 13 Nov 2017

Prices are those of the class available to the public through an Old Mutual product.


Price Performance


Daily Performance Figures as at 15 December 2017


Fund:
Sector:
1 Year 3 Years 5 Years
12.74%
9.53%
11.89%
6.72%
12.66%
9.12%
Fund performance results are calculated on the NAV-to-NAV fund performance of the oldest class, net of asset management fees. Figures are calculated on a lump sum basis in the currency of the fund and are annualised. Sector performance results include reinvested income and are gross of any deductions.


Asset Management Fees

Initial Fee: 0%
Annual Fee: 0.63
Performance Fee: N/A
Total Expense Ratio: 1.77
Fees are those of the class available to the public through an Old Mutual product and include VAT. Fees are those levied when investing in the fund through an Old Mutual product and are separate from product administration charges and adviser fees. For feeder funds and funds of funds, the total annual asset management fee does not include the fees in respect of underlying unit trust charges. The annual underlying unit trust charges generally vary between 0.46% and 1.14% including VAT, depending on the fund(s) chosen.


Asset Split as at 30 September 2017

Holding Name Percentage
Foreign Bonds
1.76%
Foreign Cash
1.95%
Foreign Equities
21.73%
Foreign Property
0.44%
Local Bonds
6.65%
Local Cash
36.85%
Local Equities
30.63%

Top Holdings (out of 42) as at 30 September 2017

Holding Name Sector Percentage
CASH Cash on call 29.57%
GLOBALFOCUSED Equities 25.86%
R2030 Bond 6.37%
MM-01MONTH Money Market 3.75%
MM-09MONTH Money Market 3.53%
STANBANK Banks 2.72%
RICHEMONT Personal Goods 2.70%
MTN GROUP Mobile Telecommunications 2.65%
NASPERS-N Media 2.56%
AB INBEV Beverages 2.54%

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