Investec American A Accumulation Units
At a glance
| Initial charge | 4.50% |
|---|---|
| Initial saving | 4.50% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.59% |
| Launch date | 23-09-2002 |
| Launch price | £1.00 |
| Sector | North America |
| Fund size | £353 million |
| Number of holdings | 45 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
The volatility this year stems from the US sub prime mortgage market and this fund has suffered along with its peers. That said, Bill Fries has the fund positioned for changing market conditions. Currently, the focus is on companies that he believes have consistent earnings growth, such as Dell and Microsoft. We are hopeful that when there is a recovery America may lead the way and this fund should in turn benefit.
Full research
About the Fund Manager
Bill Fries
Located in: Sante Fe, New Mexico, USA
William Fries joined Thornburg in 1995 after a career with the USAA Investment Management Company, one of America`s leading mutual fund companies, where he was a senior manager of equity portfolios. Bill began his investment career as a securities analyst after qualifying as a Chartered Financial Analyst in 1974. He was one of the founders of Thornburg`s US Equity team and is the lead manager of their flagship Value Fund.
Income details
| Historic yield | 0.19% |
|---|---|
| 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 December 2008 |
|---|---|
| Payment date ³ | 28 February 2008 |
Top 10 holdings
| AT&T | 4.62% |
|---|---|
| Huron Consulting Group | 4.06% |
| Gilead Sciences | 4.03% |
| Entergy Corp. | 3.93% |
| Microsoft Corp. | 3.93% |
| ConocoPhillips, | 3.83% |
| Marathon Oil Corp. | 3.69% |
| Intel Corp. | 3.51% |
| Eli Lilly & Co. | 3.50% |
| Dell | 3.31% |
Top 10 sectors
| Technology Hardware & Equipment | 14.65% |
|---|---|
| Pharmaceuticals & Biotechnology | 10.28% |
| Oil & Gas Producers | 10.21% |
| Media | 7.59% |
| Nonlife Insurance | 6.44% |
| Support Services | 5.88% |
| Fixed Line Telecommunications | 5.64% |
| Software & Computer Services | 5.38% |
| Financial Services | 5.38% |
| Electricity | 3.93% |
Top 10 countries
| United States | 96.85% |
|---|---|
| Cash and Equiv. | 3.15% |
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 03-12-2008. Data accurate as at 31/10/2008.
