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Investec Cautious Managed

Ranked 130 out of 344 in - Balanced GBP over 12 months
All calculations are in GBP unless stated

Managed by

Alastair Mundy

Alastair Mundy does not get overly excited by market momentum and describes himself as a contrarian investor. He has experience in both fixed interest and equity fund management and is responsible for several hundred million in assets for Investec across a wide selection of asset classes. Born in London in August 1966, Mundy gained a BSc in Actuarial Science from City University, London. He got his first fund manager job with CGU and was closely involved in investment trust launches at the group before he joined Investec in July 2000.


The Fund aims to provide a combination of income and long term capital growth by investing conservatively in a diversified portfolio of equities, bonds and other fixed interest securities of high quality and marketability. At all times the Fund's equity exposure will be limited to a maximum of 60% of the portfolio value.

Showing fund performance in United Kingdom View performance globally


Balanced GBP over : 31/07/2015 - 31/07/2016

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 3.4% 2.2%
2015 -2.9% 4.5% -1.5% -6.2% 0.7%
2014 -0.3% 0.9% -0.7% -0.4% -0.1%
2013 7.7% 7.7% -2.0% 2.0% -0.1%
2012 9.5% 6.2% -3.3% 4.0% 2.5%
2011 -2.0% -0.1% 1.3% -5.6% 2.5%
2010 13.2% 4.5% -3.7% 5.3% 6.8%
2009 24.6% -3.2% 9.3% 17.1% 0.6%
2008 -10.5% -5.7% -2.5% -2.4% -0.3%
2007 -3.7% 0.2% 0.7% -2.5% -2.2%
2006 8.8% 3.4% -1.2% 2.8% 3.6%
2005 12.4% 1.9% 2.7% 4.3% 3.0%
2004 10.3% 1.3% 1.0% 1.7% 6.0%
2003 19.4% -2.8% 13.6% 3.4% 4.5%
2002 -3.8% 4.0% -3.3% -7.9% 3.9%
2001 -0.1% -1.1% 2.1% -6.0% 5.3%
2000 7.6% -1.6% 3.1% 0.3% 5.7%
1999 10.7% 7.4% 5.0% -4.4% 2.7%
1998 9.7% 13.3% -0.8% -10.2% 8.6%
1997 23.8% 5.0% 4.5% 13.0% -0.1%
1996 9.3% -0.2% 0.8% 5.6% 2.9%
1995 4.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date07/06/1993
  • Share Class size206Mn
  • Base currencyGBP
  • ISIN GB0031078453

Purchase Info

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


  • Annual management1.50%
  • Initial investment0

Related News

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Investec's Mundy: gold may shine again as a hedge against QE

Despite falling 20% since October, the precious metal may still retain its allure as central bankers continue their huge financial experiment, writes Alastair Mundy of Investec Asset Management.

Investec’s Mundy keeps out of ‘difficult’ assets despite value drought

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Investec: we were naive to call Mundy's fund 'UK Value'

Investec has confirmed it is renaming Alistair Mundy’s UK Value fund as UK Special Situations fund because the fund’s current title has hindered its ability to raise capital.

Stock picking fan Mundy encounters stiff opposition

Contrarian fund manager Alastair Mundy sparked furious debate when he suggested that there was little merit in asset allocation and that stock picking was far more significant in generating returns.

Mundy eyes Bolton refugees with fund name change

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