Investec Global Energy 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 | 1.58% |
| Launch date | 29-11-2004 |
| Launch price | £1.00 |
| Sector | Specialist |
| Fund size | £142 million |
| Number of holdings | 38 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
As oil and commodities fell fund suffered. Sector looks interesting long term but expect volatility.Full research
About the Fund Manager
Mark Lacey
Located in: London
Mark joined Investec Asset Management in February 2008 as a portfolio manager and energy specialist in the global commodities and resources team. Mark was previously employed at Goldman Sachs where he was an Executive Director and joint head of the highly ranked energy research team. In 2007, Mark was the number one rated oil and gas analyst in the leading investment survey "Thompson Extel". Prior to Goldman Sachs, Mark spent three years at JP Morgan as a European oil and gas analyst. Mark was also a commodities portfolio manager at Credit Suisse Asset Management for six years. Mark graduated from Nottingham Trent University with a BA Honours degree in Business Studies.
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Income details
| Historic yield | 1.12% |
|---|---|
| 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
| Total S.A. | 9.11% |
|---|---|
| Royal Dutch Shell A | 8.99% |
| ENI S.p.A. | 5.80% |
| Petroleo Brasileiro S/A ADS A | 5.12% |
| StatoilHydro ASA | 5.00% |
| Baker Hughes | 4.26% |
| Weatherford International | 3.98% |
| PBS COALS SUB RECEIPTS | 3.72% |
| Anadarko Petroleum Corp. | 3.56% |
| Range Resources Corp. | 3.46% |
Top 10 sectors
| Oil & Gas Producers | 79.17% |
|---|---|
| Oil Equipment, Services & Distribution | 13.72% |
| Non-Classified | 3.72% |
| Cash and Equiv. | 3.39% |
Top 10 countries
| United States | 39.78% |
|---|---|
| United Kingdom | 17.60% |
| France | 9.32% |
| Canada | 8.39% |
| Norway | 6.89% |
| Italy | 5.80% |
| Brazil | 5.12% |
| Non-Classified | 3.72% |
| Cash and Equiv. | 3.39% |
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 28-11-2008. Data accurate as at 31/10/2008.
