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Investec UK Special Situations A Inc Net GBP

Ranked 98 out of 253 in - UK (All Companies) 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 an income and to grow the value of your investment over the long term. The Fund invests primarily in the shares of companies in the UK and in related derivatives (financial contracts whose value is linked to the price of an underlying asset). The Fund will use a contrarian approach (investing in a way that is likely to be different to current general market views) in selecting investments.

Showing fund performance in United Kingdom View performance globally


UK (All Companies) over : 31/10/2015 - 31/10/2016

Total Return

Quarterly Performance

to 30/09/2016 Annual Q1 Q2 Q3 Q4
2016 -0.2% -1.5% 7.5%
2015 -1.8% 5.0% -0.5% -9.0% 3.4%
2014 -1.0% 0.4% -0.3% -0.8% -0.3%
2013 26.1% 13.0% 1.6% 3.9% 5.7%
2012 15.3% 7.7% -2.4% 6.1% 3.5%
2011 -2.1% 0.9% 1.8% -10.9% 7.1%
2010 12.0% 4.0% -9.0% 8.0% 9.6%
2009 38.0% -7.6% 17.9% 23.7% 2.4%
2008 -19.2% -12.1% -2.8% -4.5% -1.0%
2007 -5.9% 0.3% 3.1% -5.0% -4.2%
2006 20.0% 5.9% 0.2% 4.8% 8.0%
2005 19.2% 4.3% 3.5% 6.5% 3.6%
2004 15.1% 2.0% 3.6% 1.1% 7.7%
2003 30.8% -5.6% 21.7% 6.0% 7.4%
2002 -17.1% 6.1% -9.1% -17.0% 3.6%
2001 -3.8% -3.0% 6.3% -14.1% 8.6%
2000 11.1% -1.1% 4.6% 1.0% 6.3%
1999 17.0% 12.3% 5.3% -7.4% 6.9%
1998 7.3% 16.0% -0.9% -16.2% 11.4%
1997 30.7% 5.4% 5.0% 15.4% 2.3%
1996 11.9% 0.8% 1.3% 5.6% 3.8%
1995 3.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Chile
  2. Peru
  3. United Kingdom

Fund Info

  • Launch date02/10/1978
  • Share Class size58Mn
  • Base currencyGBP
  • ISIN GB0031078784

Purchase Info

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


  • Annual management1.50%
  • Initial investment0

Related News

Investec Wealth hires former Mundy co-manager

Mark Wynne-Jones' appointment follows his recent departure from Investec Asset Management where he was co-manager on a number of funds.

Sweet 16: good value investment trust winners!

Analysts at Canaccord Genuity identify 16 investment trusts with lower charges and better performance than equivalent open-ended funds. 

Why this 'shocked' investor still backs Tesco after £250m calamity

Hawksmoor head of research Jim Wood-Smith feels extremely aggreived by news Tesco has overstated profit by £250 million but he has faith in new chief Dave Lewis turning things around.

David Coombs warns on yield-grab correction in 'really tough' markets

Rathbone's David Coombs is nervous around high-yield paying asset classes as he describes the tough conditions facing asset allocators.  

Alastair Mundy: it would be wrong not to invest in Tesco now

Contrarian investor Alastair Mundy has explained why he is backing Tesco despite a wider market flight from the beleaguered supermarket.

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.

Wealth Manager: Psigma explains how it has gone from 'three men and a dog' to a £3bn target

Like many managers who chose to set up their own shop, Mercer had worked for a smaller, traditional business that found itself amalgamated into a giant conglomerate following its acquisition.

Tesco needs new leadership, says Alastair Mundy

Alastair Mundy, manager of the Temple Bar investment trust, talks about his contrarian investment philosophy and explains why out-of-favour Tesco doesn't merit inclusion in his funds.

Investec brings £300m American fund in-house for Mundy

Investec Asset Management is bringing its £300 million American fund in-house for managers Alastair Mundy and Mark Wynne-Jones to improve its performance.

Investec enjoys record-breaking 2009

Chief executive Hendrik du Toit says the firm has seen positive flows across the board and is starting to come of age


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