- Home
- /Investec Unit Trusts
- /Investec Global Balanced Feeder Fund
Investec Global Balanced Feeder Fund
Investment objective
The Investec Global Balanced Feeder Fund aims to grow capital and income over the long term. The fund’s objective is to outperform its benchmark (60% MSCI World Index and 40% CITI World Government Bond Index), measured over three year periods.
Strategy
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 Investec 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.
Fund features
- The fund invests directly into our top performing Investec GSF Global Strategic Managed Fund
- This balanced fund aims to be fully invested offshore, with a maximum equity exposure of 75%
- Utilisation of Investec’s proprietary 4Factor™ process to assist in screening and selection of companies
- Diversification across asset classes minimises the portfolio’s overall volatility and offers the potential to generate good long-term returns
Key Facts
Portfolio manager: Philip Saunders & Max King
Launch date: 1 September 2003
Sector: Foreign AA Flexible
Size of fund: R 626 million
Benchmark: 60% MSCI World Index (ZAR) & 40% CITI World Government Bond Index (ZAR)
Minimum investment: R10 000 lump sum or R500 monthly debit order
Fees
| A Class | B Class | |
| Initial fund fee | 0.00% | 0.00% |
| Initial advisor fee | 3.00%* | 0% |
| Annual management fee | 1.75% | 1.75% |
Fees shown are excluding VAT
Total expense ratio (TER)*
The TERs for this fund are listed below. TERs shown are including VAT
| A Class | B Class | |
| TER | 2.20% | 2.15% |