Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Investec Global Gold A Acc Net GBP

Ranked 6 out of 13 in - Gold & Precious Metals over 12 months
All calculations are in GBP

Managed by

Bradley George

Bradley George graduated from the University of Cape Town with a degree in business science and later completed his Post Graduate Diploma in Accounting (PGDA). He started his career at KPMG in the financial services division where he offered clients consultancy advice on financial derivatives risk management. After three years he joined Goldman Sachs’ investment banking division in natural resources M&A transactions and was also an executive director in the commodities division. After seven years with Goldman Sachs he joined Investec Asset Management in 2006 where he is currently the head of commodities and resources. Bradley has been awarded with the Chartered Accountant designation (CA) from South Africa.

Scott Winship

Objective

The Fund aims to grow the value of your investment over the long term. The Fund invests around the world primarily in the shares of companies involved in gold mining and in related derivatives (financial contracts whose value is linked to the price of an underlying asset). The Fund may also invest up to one-third of its value in the shares of companies involved in the mining of other precious metals, minerals and non-precious metals.

Performance

Gold & Precious Metals over : 31/10/2013 - 31/10/2014
  • Rank 6/13 Total Return
  • Rank 3/13 Standard Deviation
  • Rank 3/13 Max Drawdown
Fund Name Return
4 Investec GSF Global Gold I Acc Gross GBP

-23.3%

5 RBC Funds (Lux) Global Precious Metals B GBP D H

Currency exposure is hedged

Currency exposure is hedged

-23.7%

6 Investec Global Gold A Acc Net GBP

-24.1%

7 Baker Steel Alpha Gold A GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

-25.1%

8 Wells Fargo (LUX) WW Precious Metals A GBP Acc

-26.9%

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 -7.5% 10.8% 6.6% -12.8% -10.1%
2013 -44.6% -7.0% -36.1% 10.0% -15.3%
2012 -12.9% -5.9% -9.5% 18.3% -13.5%
2011 -20.8% -9.1% -7.1% -2.4% -3.9%
2010 52.2% 4.9% 14.6% 8.1% 17.1%
2009 42.5% 20.5% -4.5% 16.0% 6.7%
2008 -18.5% 9.7% 2.6% -29.7% 3.0%
2007 29.2% 5.5% -1.0% 16.5% 6.1%
2006 2.4% -2.9% -6.2% 12.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/09/2014

Top 10 Holdings

Stock Size
Franco-Nevada Corp ORD 9.87
Goldcorp Inc ORD 9.14
Randgold Resources Ltd ORD 7.05
Eldorado Gold Corp ORD 5.45
Source Physical Palladium P-ETC 4.65
Agnico Eagle Mines Ltd ORD 4.18
ETFS PHYSICAL PALLADIUM ETC 3.96
Royal Gold Inc ORD 3.88
Pan African Resources Plc ORD 3.38
B2Gold Corp ORD 3.36
30/09/2014

Registered For Sale In

  1. Switzerland
  2. United Kingdom

Fund Info

  • Launch date10/04/2006
  • Share Class size40Mn
  • Base currencyGBP
  • ISIN GB00B12B5S05

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment10,000

Charges

  • Annual management1.5%
  • Initial investment4.5

Related News

Gold funds up, China funds down as world awaits ECB

MARKET BLOG: New figures show gold funds have surged in the past month, while China funds have slumped.

Investec's King puts his money where his mouth is

Although his £41 million Investec Managed Growth fund suffered losses in 2011, Max King is so confident about its performance in 2012 he has put a ‘significant slug’ of his own money into it.

Equity income investing takes off over the pond

As the US economy starts to show signs of improvement, it could be the right time to tap into investment opportunities in well-managed, dividend-generating companies, writes, James Calder, research director at City Asset Management.

Citywire Selection funds to watch: Vanbrugh Fund

Citywire AA-rated Vanbrugh fund managers Richard Scott and Daniel Lockyer have been hit by short term underperformance as they gradually rotate out of relative safe havens and into more volatile positions in the search of strong long term value.

L&G's Thein bullish on energy and gold

Alan Thein, co-manager of Legal & General Multi-Manager Growth fund, views energy and gold equities as hedges to global uncertainty and believes the future lies in emerging markets

Aberdeen and Investec turn to infrastructure as inflation spikes

Fund managers are looking for ways to benefit from rising inflation and some have been increasing their exposure to infrastructure funds investing predominantly in the UK.

Investec's Saunders poised to exit corporate bonds

Philip Saunders, manager of Investec’s £144 million Global Diversified Growth fund, is set to sell out of corporate bonds in the near term following a fall in spreads.

Sentiment on gold is mixed as currency outlook stabilises

Miton's Martin Gray is among fund managers who are reducing exposure to gold in the belief there is little potential left in the price but others are still bullish on the precious metal.

Which funds managed the market storm best?

The last few weeks have been little fun for fund managers. Analysis over a 12-day period offers an interesting insight how the stars and the less known names fared.

Seven reasons why gold is still on course for $1,300 an ounce

Bradley George and Daniel Sacks of the Investec Global Gold fund say that there is still a compelling case to expect a $1,300 ounce to arrive in the next six months

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).