Ninety One Global Strategic Managed Feeder Fund

Fund Objectives

The Investec Global Strategic Managed Feeder Fund aims to grow capital and income over the long term. The objective is to outperform its benchmark, measured over three year periods.

Investment Strategy

The Feeder Fund aims to grow capital and income over the long term. The fund’s objective is to outperform its benchmark, measured over three year periods. This rand-denominated fund invests in international fixed-income assets, cash, convertible securities and equities. Exposure to international assets is obtained by investing directly into our top performing Ninety One GSF Global Strategic Managed Fund. This balanced fund aims to be fully invested offshore, with a maximum equity exposure of 75%. The investment team utilises Investec’s proprietary 4Factor™ process to assist in screening and selection of companies. The emphasis is on valuation, strategy, earnings dynamics and technical analysis.

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: 07 Dec 2021
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
16.85% 16.77% 12.53% 11.91% 14.79% -28.27%

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 1.58%

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?

The Fund charges a fixed fee of 0.40% (incl. VAT) with no performance fee component. The underlying fund charges a fixed annual fund management fee of 0.75% (VAT exempt).

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 moderate investments.

Fund Asset Allocation

Asset allocation as of
31 Oct 2021



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.