Investec Balanced Managed A Income Net
At a glance
| Initial charge | 4.50% |
|---|---|
| Initial saving | 4.50% |
| Annual charge | 1.50% |
| Annual saving | 0.100% ² |
| Total Expense Ratio | 2.00% |
| Launch date | 28-12-2006 |
| Launch price | £1.00 |
| Sector | Balanced Managed |
| Fund size | £11 million |
| Number of holdings | 37 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Max King
Located in: London
Max is a portfolio manager on the UK Equity team. Prior to joining Investec Asset Management, he was a director of JO Hambro Capital Management, where he managed a range of portfolios, with a variety of investment remits including 'special situations', mid to large cap pan-European companies and UK small caps. Before that, he worked for Finsbury Asset Management between 1987 and 1997 as a director and senior investment manager, with responsibilities for several investment trusts, focused on a variety of UK stocks. Max also worked for LF Rothschild for four years as a vice president in the risk arbitrage department, investing proprietary capital and client money, after an initial five years as an articles clerk and accountant. Max graduated from Cambridge with a degree in economics.
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Income details
| Historic yield | 0.44% |
|---|---|
| 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 | 31 May 2008 |
|---|---|
| Payment date ³ | 31 July 2008 |
Top 10 holdings
| Investec Global Equity Class S | 13.55% |
|---|---|
| Investec Global Free Enterprise Class S | 13.35% |
| 4% Treasury Gilt 2016 | 8.05% |
| GERMANY(FED REP) 4.750 JUL 04 34 | 7.85% |
| Investec UK Alpha Class S | 6.89% |
| Investec UK Special Situations Class S | 5.36% |
| BH Macro (GBP) | 4.66% |
| Investec Sterling Bond Class S | 4.38% |
| Investec American Class S | 2.82% |
| Investec UK Smaller Companies Class I | 2.80% |
Top 10 sectors
| Bonds | 22.38% |
|---|---|
| Equity Investment Instruments | 19.55% |
| Oil & Gas Producers | 5.71% |
| Financial Services | 5.05% |
| Pharmaceuticals & Biotechnology | 4.45% |
| Non-Classified | 4.30% |
| Banks | 3.56% |
| Support Services | 3.17% |
| Cash and Equiv. | 3.12% |
| Real Estate Investment Trusts | 2.85% |
Top 10 countries
| United Kingdom | 37.35% |
|---|---|
| Non-Classified | 19.94% |
| United States | 17.64% |
| Germany | 9.23% |
| Cash and Equiv. | 3.12% |
| Switzerland | 2.07% |
| France | 1.52% |
| Canada | 1.12% |
| Israel | 0.97% |
| Japan | 0.91% |
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 01-12-2008. Data accurate as at 31/10/2008.
