Investec Opportunity Fund
MANAGEMENT Fund Manager's Comment
Clyde Rossouw, BSc, CFA,
Clyde is head of Quality at Investec Asset Management. He is portfolio manager with a focus on multi-asset absolute return and low volatility real return equity investing. His portfolio manager duties include our flagship Opportunity strategy that he has run since 2003 and our two equity-oriented Global Opportunity Equity and Global Franchise strategies. Clyde joined the firm in 1999, initially as an asset allocation and sector allocation strategist. Prior to Investec Asset Management, Clyde was awarded a study bursary by Sanlam where he worked for eight years, including five years in asset management. His experience in investments there included fixed income analysis and portfolio management. Clyde graduated from the University of Cape Town with a Bachelor of Science (Statistics and Actuarial Science) degree. He was awarded the Certificates in Actuarial Techniques in 1995, and Finance and Investments in 1997 by the Institute of Actuaries in London. Clyde is a CFA Charterholder.
FUND OBJECTIVES AND FOCUS

The Investec Opportunity Fund aims to produce dependable inflation-beating returns, while minimising downside risk. The objective is to achieve returns well in excess of inflation measured over three to five year periods. The fund invests in a mix of South African equities, bonds and money market instruments, as well as international equity and fixed interest investments. Equity exposure is currently limited to 75% and the international exposure to 25%. The allocation of assets is actively managed with a bias towards equities that are attractively priced given their inherent value. Fund features Strong focus on capital preservation and absolute returns through active asset allocation and stock selection decisions. Emphasis on companies with consistent real dividend and earnings growth. Lower volatility than traditional balanced funds.


Click here to Download CSV
WEBGRAPH
RANKING
SectorSouth African-Multi Asset-High Equity
SizeR44,762,934,464
Sector Rank: 12 out of 95
(lump sum over 3 years to 31 July 2017)
Overall Rank: 266 out of 818
(lump sum over 3 years to 31 July 2017)
R1000 invested on 31 July 2014 was worth R 1230 at 31 July 2017
( 7.14% annual compound return)
R100 per month since 31 July 2014 was worth R 3946 at 31 July 2017
( 5.88% annual return compounded monthly)
TECHNICAL OVERVIEW
Formation Date:02 MAY 1997 Holdings:54
Original Price:105 Pricing:Forward
Top Holdings on 31 July 2017
Share (Sector)No.Value% of Fund
ASSORE (Mining)5,583,2572,009,972,520 4.49 %
BATS (Tobacco)2,758,7192,288,357,411 5.11 %
BIDCORP (Food - Drug Retailers)2,463,198741,397,966 1.66 %
DERIVATIVB (Derivatives)01,786,634,409 3.99 %
RMBH (Banks)14,108,6201,116,979,445 2.50 %
INVGLQUEQINCO (Equities)28,380,5359,310,802,254 20.80 %
R2030 (Bond)3,231,600,0003,066,680,788 6.85 %
MEDICLINIC (Health Care Equipment - Services)8,486,098902,751,105 2.02 %
CASH (Cash on call)03,568,488,003 7.97 %
O-IGSFE (Offshore Intern)9,669,5693,004,942,134 6.71 %
U-NEWLD (Exchange Traded Funds)8,810,0941,335,081,645 2.98 %
TOTAL R29,132,087,68065.08%

Send e-mail to
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.