Investec UK Alpha Fund Accumulation Class
At a glance
| Initial charge | 4.50% |
|---|---|
| Initial saving | 4.50% |
| Annual charge | 1.50% |
| Annual saving | 0.200% ² |
| Total Expense Ratio | 1.65% |
| Launch date | 05-02-1979 |
| Launch price | £1.00 |
| Sector | UK All Companies |
| Fund size | £26 million |
| Number of holdings | 40 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Significant underweight in banks could not prevent the fund underperfoming sharply, this was counteracted by an overweight position in general financials.Full research
About the Fund Manager
Ken Hsia
Located in: London
Ken Hsia is a portfolio manager with 12 years of industry experience. He manages Investec UK Alpha Fund and is also sector specialist covering the UK Services Sector. Ken has been a longstanding member of the Investec UK Equity team where he has had responsibility for high performance and unconstrained mandates. Ken joined Investec from MoVa Investment Partners, a hedge fund which he Co-Founded. He was investment manager for European small and mid cap stocks. Prior to that, Ken spent 8 years at Fidelity Investments as an equity analyst covering a range of sectors, including pan-European Auto components, Construction, Non-food Retail and Utilities. He was Assistant Fund Manager on the UK Recovery Trust (now renamed UK Aggressive). Ken graduated from New College, Oxford, with a D.Phil in Organic Chemistry. He is also an associate member of UKSIP.
Income details
| Historic yield | 1.11% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 30 September 2008 |
|---|---|
| Payment date ³ | 30 November 2008 |
Top 10 holdings
| Royal Dutch Shell B | 8.43% |
|---|---|
| BP | 6.49% |
| Astrazeneca | 6.25% |
| William Morrison Supermarkets | 4.03% |
| BHP Billiton | 3.55% |
| G4S | 3.36% |
| John Wood Group | 3.15% |
| Vodafone Group | 3.13% |
| Chemring Group | 2.95% |
| IG Group Holdings | 2.94% |
Top 10 sectors
| Oil & Gas Producers | 21.39% |
|---|---|
| Support Services | 12.56% |
| Pharmaceuticals & Biotechnology | 8.82% |
| Financial Services | 8.64% |
| Mining | 8.59% |
| Software & Computer Services | 5.16% |
| Aerospace & Defence | 5.13% |
| Food & Drug Retailers | 4.03% |
| Technology Hardware & Equipment | 3.81% |
| Media | 3.69% |
Top 10 countries
| United Kingdom | 96.42% |
|---|---|
| Israel | 2.43% |
| Cash and Equiv. | 1.15% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
