Foord International Fund

Fund Objectives

To maximise return with minimum risk from a portfolio of international assets, including equities, fixed interest investments, to outperform world equity indices but with significantly lower variability of returns. A flexible asset allocation policy is followed, with a diversified, but focused portfolio of undervalued, high quality investments.

Investment Strategy

The primary investment objective of the Sub-Fund is total return primarily by way of investment in listed securities on global exchanges –including in equities, exchange traded funds, UCITS and Other UCIs, convertible bonds, interest-bearing securities and warrants as well as cash deposits. The Investment Manager will allocate assets across those asset classes in a fully flexible manner in variable weightings as appropriate to achieve its investment objective by for example increasing the exposure to equities when expected returns relative to the risk are high. The performance benchmark is the USD based total return on the Morgan Stanley Capital International World Equity Index (developed markets) but the Investment Manager aims also to achieve a total return in USD in excess of 10% p.a. over time.

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: 01 Jan 1900
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
3.54% 2.80% n/a n/a n/a -11.92%

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 1.16%

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?

Fixed fee of 1.00% (excl. VAT) with no performance fee component. 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.

Fund Positioning

This fund is suitable for aggressive investments.

Fund Asset Allocation

Asset allocation as of
31 Oct 2018

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Disclaimer

Please note that while every effort is taken to ensure the accuracy of this information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the fund information presented on this page. All data is provided by Morningstar, Allan Gray and Investec.