Fact sheet: Investec UK Alpha

Fund information
Fund name
Investec UK Alpha I Inc GBP
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund managers
  • Simon Braziersince 12/01/2015
Fund objective
The Fund aims to achieve long-term capital growth and provide income primarily through investment in a portfolio of equities issued by UK companies. The Fund will be managed actively with a long term investment horizon and will focus on stocks believed to offer above average opportunities for total returns.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
14.5%
1 Year rank in sector
178/275
Sector
UT UK All Companies
Yield
1.7%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.84%
Fund size
£1,674m (£942m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
84
Mid price
349.81
Top in this sector
Fund name1 Year
MI Chelverton UK Equ Grth41.7%
Unicorn UK Growth39.1%
Old Mutual UK Mid Cap38.9%
Old Mutual Equity 138.8%
Blackrock Inst Eq UK Sm Cos36.4%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK98.1%
    Money Market1.9%
  • Industrials20.8%
    Financials18.7%
    Consumer Services15.5%
    Consumer Goods12.9%
    Basic Materials6.8%
  • UK Equities98.1%
    Money Market1.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%2.9%8.3%14.5%29.5%118.9%
Sector0.2%2.2%7.6%16.7%25%75.2%
Rank within sector167 / 28475 / 28398 / 283178 / 27587 / 25922 / 246
Quartile3rd2nd2nd3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund9.8%8.8%6.4%6.7%38.8%
Sector8.3%11.2%3.7%0.6%25.7%
Rank within sector71 / 281180 / 271102 / 26323 / 25716 / 250
Quartile2nd3rd2nd1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
1.69
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.95
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.65
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
8.9
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.95
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.66
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.95
Price movement
52 week high355.75
52 week low302.3
Current bid price-
Current offer price-
Current mid price349.81
Region
1UK98.1%
2Money Market1.9%
Industry sector
1Industrials20.8%
2Financials18.7%
3Consumer Services15.5%
4Consumer Goods12.9%
5Basic Materials6.8%
6Technology6.5%
7Oil & Gas6%
8Telecommunications5.8%
9Health Care5.1%
Asset type
1UK Equities98.1%
2Money Market1.9%
Individual holdings
1RECKITT BENCKISER GROUP PLC3.5%
2ROYAL DUTCH SHELL3.2%
3BRITISH AMERICAN TOBACCO2.9%
4SMITH(DS)2.9%
5BP2.8%
6HSBC HLDGS2.8%
7MELROSE INDUSTRIES PLC2.7%
8BOOKER GROUP PLC2.5%
9BT GROUP2.5%
Management
Fund manager group
Investec
Fund manager company
Investec Fund Managers (UK)
Fund type
OEIC
Fund objective
The Fund aims to achieve long-term capital growth and provide income primarily through investment in a portfolio of equities issued by UK companies. The Fund will be managed actively with a long term investment horizon and will focus on stocks believed to offer above average opportunities for total returns.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Simon Brazier12/01/2015Simon is Co-Head of Quality at Investec Asset Management. He is a portfolio manager with a focus on UK equities, the strategy leader for UK Alpha and is responsible for the co-management of the Quality capability. Simon is based in the firm’s London office. Prior to joining the firm, Simon worked for Threadneedle where he was Head of UK Equities and responsible for the portfolio management of the Threadneedle UK Fund. He has been managing funds for over 14 years having started his career with Schroders in 1998. Simon graduated from Durham University and the University of Aix-Marseille with a BA Honours degree in Economics with French. Simon holds the Institute of Investment Management and Research (IIMR) certificate.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Investec UK Alpha A Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price2438.46
CurrencyGBX
Price updated25/07/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTB10
Investec UK Alpha I Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price206.83
CurrencyGBX
Price updated25/07/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code12GP
Investec UK Alpha I Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price349.81
CurrencyGBX
Price updated25/07/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGO43
Investec UK Alpha J Acc GBP
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£500,000
Available in ISAYes
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.93
CurrencyGBX
Price updated25/07/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK3LD
Investec UK Alpha J Inc GBP
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price125.43
CurrencyGBX
Price updated25/07/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK3LE
Investec UK Alpha K Inc GBP
Initial charge-
Annual charge0.4%
Min single investment£400,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price116.11
CurrencyGBX
Price updated25/07/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN7ET
Investec UK Alpha R Acc GBP
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price181.64
CurrencyGBX
Price updated25/07/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3YM
Investec UK Alpha S Acc GBP
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£1,000,000
Available in ISAYes
Ongoing charge (OCF)0.09%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price2553.98
CurrencyGBX
Price updated25/07/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV230
Data provided by

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