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Contact details

ManagerGroupLogo
Woolgate Exchange, 25 Basinghall St, London, EC2V 5HA
+44 (0)20 7597 1818 (Fax Number)
+44 (0)20 7597 1900 (Main Number)

enquiries@investecmail.com

Fund managers

* Mark Wynne Jones20-Aug-2012 to Present
 
view    
* David Lynch»01-Oct-2013 to Present
Alastair Mundy»20-Aug-2012 to 30-Sep-2013
Connor Browne»01-Nov-2008 to 19-Aug-2012
Ed Maran»01-Nov-2008 to 19-Aug-2012
Bill Fries»23-Sep-2002 to 30-Nov-2009
Connor Browne»01-Jan-2007 to 31-Oct-2007
Ed Maran»01-Jan-2007 to 31-Oct-2007


Investment objectives

The Fund aims to achieve long term capital growth primarily through investment in a portfolio of equities issued by USA companies and in derivatives, the underlying assets of which are equities issued by USA companies.

Key Information

Fund vs sector

  1y 3y
Position 70 / 113 103 / 103
Quartile 3 4

Fund ratings

NeutralMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 1 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 8.32 15.35
Alpha -0.96 -9.70
Beta 1.04 1.30
Sharpe 1.36 0.57
Info Ratio -0.12 -0.83
R2 0.78 0.88
Quartiles:   1  2  3  4   help with ratios
vs. IMA North America»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
ACC +7.3+33.3+36.9+16.4+6.8-7.3+10.8
  IMA NORTH AMERICA   +8.0+54.6+78.4+23.3+16.1+2.1+13.0
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf INVESTEC AMERICAN I ACC GBP ACC 129.84 (p) 22-Oct-2014 0.58 0.84% AEE9 B1XFJ34
pdf INVESTEC AMERICAN B ACC GBP ACC 205.36 (p) 22-Oct-2014 0.15 1.34% GO47 3306426
pdf INVESTEC AMERICAN S ACC GBP ACC 152.84 (p) 22-Oct-2014 1.22 0.09% I208 B1FQH42
pdf INVESTEC AMERICAN R ACC GBP ACC 132.06 (p) 22-Oct-2014 0.42 1.09% I3YB B839DR7
pdf INVESTEC AMERICAN A ACC USD ACC 3.21 (USD) 22-Oct-2014 n/a 1.59% IY95 B01NHS4
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf INVESTEC AMERICAN A HEDGED ACC GBP ACC 163.36 (p) 22-Oct-2014 n/a 1.64% FAV5 B3XFGN7
pdf INVESTEC AMERICAN A ACC GBP ACC 200.09 (p) 22-Oct-2014 n/a 1.59% IF97 3203334

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£169.0m / $272.7m (21-Oct-14)
Savings plan Fund has Savings Plan Minimum: £ 100.0 Monthly Launch23-Sep-2002
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesMon-Fri 09:00 to 17:00
Minimum initial£ 1,000
Minimum additional£ 100
Initial charge4.50%
Annual management charge1.50%
Note to chargesInitial Charges: Max; Annual Management Charges: max. ;
Trustee / DepositaryState Street Trustees Limited
RegistrarInternational Financial Data Services (UK) Ltd
Multi-Managern/a
Indexn/a
Dividend policyJan 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
United States Equity Mixed IMA North America
Largest holdings, 30-Sep-2014
Holding (%) Rank Fund factsheet Equity factsheet
UNITED STATES TREASURY INFLATI 1.125 JAN 15 21 11.70 1 - -
BAKER HUGHES INC 4.40 2 - -
WELLPOINT INC 4.20 3 - -
ZIMMER HOLDINGS INC 4.00 4 - -
MICROSOFT CORP 4.00 5 - -
GRAHAM HOLDINGS CO 3.70 6 - -
CISCO SYSTEMS INC 3.60 7 - -
MEDTRONIC INC 3.50 8 - -
WALMART 3.50 9 - -
CARNIVAL CORP 3.40 10 - -
Total46.00 
Regional weightings, 30-Sep-2014
Region(%)Rank 
North America83.011 83.01% North America
Bonds11.672 11.67% Bonds
Cash5.323 5.32% Cash
Total100.00 
Sector weightings, 30-Sep-2014
Sector(%)Rank 
Consumer Discretionary20.211 20.21% Consumer Discretionary
Health Care18.802 18.80% Health Care
Information Technology13.603 13.60% Information Technology
Fixed Interest11.674 11.67% Fixed Interest
Financials9.005 9.00% Financials
Consumer Staples8.006 8.00% Consumer Staples
Energy7.007 7.00% Energy
Cash5.328 5.32% Cash
Industrials5.009 5.00% Industrials
Materials1.4010 1.40% Materials
Total100.00 

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

 
 
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Asset allocation

North American Equities, 83.01%
83.0100% ofNorth American Equities
Fixed Interest, 11.67%
11.6700% ofFixed Interest
Cash, 5.32%
5.3200% ofCash

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