Ashburton Replica Sterling Asset Management Fund (GBP)
Fund Objectives
This Fund aims to achieve an increase in value whilst suppressing volatility and risk, through a conservative allocation of assets between, primarily, international equities, fixed interest securities and cash or money market instruments. Exposure to equities is limited to a maximum of 50% and exposure to fixed income securities is limited to a maximum of 70%. Exposure to currencies, other than Sterling, after hedging, will not exceed 50%.
Investment Strategy
This Fund aims to achieve an increase in value whilst suppressing volatility and risk, through a conservative allocation of assets between, primarily, international equities, fixed interest securities and cash or money market instruments. Exposure to equities is limited to a maximum of 50% and exposure to fixed income securities is limited to a maximum of 70%. Exposure to currencies, other than base currency, after hedging, will not exceed 50%.
Investment Performance
| Annual Return and Maximum Drawdown Figures |
Updated: 11 Aug 2022 |
| 2 years |
3 years |
5 years |
7 years |
10 years |
Maximum Drawdown |
| -0.56% |
0.51% |
0.47% |
0.73% |
1.93% |
-15.28% |
Fund and Adviser Fees
| Adviser Fees |
Administration Fees |
Management Fees |
| Upfront |
Annual |
Standard |
Manager Discount |
Effective Annual Fee |
Total Expense Ratio (TER) |
| 0.00% |
0.50% |
not available |
not available |
not available |
1.84% |
All fees shown exclude VAT. Data provided by Morningstar and Allan Gray / Investec. |
What are adviser fees?
Adviser fees are paid to Beanstalk. We do not charge an upfront fee and our annual fee is very low at just 0.50% (+ VAT where applicable).
What are administration fees?
Annual administration fees are charged by Allan Gray Investment Services Proprietary Limited or Investec Management Services (Pty) Ltd for ongoing administation. The fee applicable to your investment depends on the unit trusts you have selected and the value of your investment. A negative annual administration fee means you will pay no annual administration fee and will receive additional units into your account.
What are management fees?
Fund charges a fixed investment management fee of 1.50% (excl. VAT) and an administration fee of 0.25% (excl. VAT).The underlying funds have their own fee structure.
Management fees are expenses included in the price of your selected unit trust(s). These expenses are not charged as separate fees, but are built into the unit price of the unit trusts you select. The fees shown include VAT where applicable. Values are calculated using more decimal places than are displayed.