Investec GS Global Strategic Income INTERNATIONAL FUNDS ISLE OF MAN October 2014

INTERNATIONAL FUNDS ISLE OF MAN
Investec GS Global Strategic Income
October 2014
This factsheet is for information only and should not be considered a
financial promotion. This information should not be relied upon for buying
and selling decisions.
FUND OBJECTIVE
MIRROR FUND KEY FACTS
The fund aims to provide a high level of income. The fund invests
around the world in fixed and floating rate bonds of varying life
spans issued by governments, institutions or companies. The fund
can also invest in other assets including (but not limited to)
derivatives (financial contracts whose value is linked to the price of
an underlying asset).
Please note: the objective supplied is abbreviated by FPI. For full
details please refer to the underlying fund prospectus which is
available on request.
FP Code:
Currency:
Launch Date:
FPI Risk Rating:
Dealing:
Sector Classification:
Sharia Compliant:
Index Tracker:
Socially Responsible Investment:
SFC Authorised:
MAS Approved:
FPI MIRROR FUND RISK RATING
J43
USD
Feb 1996
2
Daily
Fixed Int - Global High Yield
No
No
No
Yes
No
UNDERLYING FUND KEY FACTS
Sedol Code:
B2PT3L7
ISIN Code:
LU0345762628
Launch Date:
01/07/1987
Fund Management Company:
Investec Asset Mgt Limited
Fund Manager:
Seamus Vasey
Manager Since:
01/11/2013
Fund Size (as at 30/09/2014):
USD 355m
Annual Management Charge:
1.00%
Additional Expenses (as at 31/12/2013):
0.43%
Ongoing Charges Figure (as at 31/12/2013):
1.43%
Grade 2: Low risk funds offering security and potential
growth.
The fund price may go up and down depending on investment
performance and is not guaranteed. You may get back less than
you’ve paid in.
DPPI MIRROR FUND SEARCH SCHEME
Dynamic Portfolio Planner International (DPPi) is our online, adviser only,
The Ongoing Charges Figure is a measure of the total annual charge of the
portfolio-planning tool. The Mirror Fund Search Scheme is used to filter our underlying fund and is the Annual Management Charge plus the Additional
Expenses
mirror fund range by defining broad asset classes in order to refine a search.
Sector Classification:
Fixed Int - Global High Yield
Crown Rating:
This fund is classified as:
Further information on the Crown Rating can be found at
www.financialexpress.net
UNDERLYING FUND BREAKDOWN
Asset Allocation (as at 31/08/2014)
Geographical Allocation (as at 31/08/2014)
15.70%
US Fixed Interest
11.20%
Global Fixed Interest
Global Emerging Market
Fixed Interest
Brazilian Fixed Interest
South African Fixed
Interest
Luxembourg Fixed
Interest
8.30%
Money Market
6.80%
6.80%
Global Emerging Markets
Canada
5.90%
Canadian Fixed Interest
9.10%
UK
8.30%
Money Market
9.80%
Germany
9.10%
UK Fixed Interest
11.20%
International
9.80%
German Fixed Interest
15.70%
USA
Brazil
5.20%
South Africa
4.10%
Luxembourg
5.90%
5.20%
4.10%
3.40%
3.40%
TOP HOLDINGS (as at 31/08/2014)
Holding
1. UNITED STATES TREASURY INFLATI 1.375 JUL 15 18
2. QUEBEC 4.25% NTS 01/12/21 CAD1000
3. INVESTEC EMERGING MARKETS LOCAL CURRENCY
DEBT S GR ACC GBP
4. GSF EMERGING MRKTS DEBT TOTAL RETURN S INC
GROSS USD
5. GERMANY(FEDERAL REPUBLIC) 6.25% BDS 4/1/2024
EUR0.01`492`
% of Fund
6.70%
5.70%
5.00%
3.10%
2.90%
Holding
% of Fund
6. UNITED STATES OF AMER TREAS NOTES 2.75% NTS
15/11/23 USD1000
7. GERMANY(FEDERAL REPUBLIC) 4.75% BDS 4/7/34
EUR0.01
8. TREASURY 2.25% GILT 07/09/23 GBP
9. INVESTEC EMERGING MARKETS LOCAL CURRENCY
DEBT I GR ACC USD
10. SOUTH AFRICA(REPUBLIC OF) 8% BDS 21/12/18 ZAR1
2.90%
2.70%
2.20%
1.80%
1.80%
INTERNATIONAL FUNDS ISLE OF MAN
Investec GS Global Strategic Income
October 2014
The information shown below refers to the past. Past performance is not a reliable guide to future performance.
Performance figures are net of all charges. Please note that the securities held within a fund may not be denominated in the currency of that fund
and, as a result, fund prices may rise and fall purely on account of exchange rate fluctuations.
PERFORMANCE OF MIRROR FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014)
Investec GS Global Strategic Income
30/09/2009 30/09/2010
30/09/2010 30/09/2011
30/09/2011 30/09/2012
30/09/2012 30/09/2013
30/09/2013 30/09/2014
8.55%
-3.86%
6.77%
-3.95%
-0.35%
* This fund was not available during this time frame
Figures are for periods from Quarter 3 to Quarter 3 of each year.
RELATIVE PERFORMANCE OF UNDERLYING FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014)
30/09/2009 30/09/2010
30/09/2010 30/09/2011
30/09/2011 30/09/2012
30/09/2012 30/09/2013
30/09/2013 30/09/2014
Quartile Rank
Q3
Q3
Q4
Q4
Q3
Absolute Rank
24/33
29/40
46/50
59/60
50/67
Figures are for periods from Quarter 3 to Quarter 3 of each year.
Quartile rank – if a fund is ranked in the top 25% of funds available within its investment sector over the period shown, it is shown as Q1. Funds
ranked in the next 25% are ‘Q2’ etc. Funds in the bottom 25% are ‘Q4’.
Absolute rank – shows the fund’s relative positioning when its performance is compared to the other funds in the Financial Express sector.
PERCENTAGE GROWTH OF MIRROR FUND OVER FIVE YEARS (as at
30/09/2014)
14%
CUMULATIVE PERFORMANCE OF MIRROR FUND (as at 30/09/2014)
% growth
Since Launch
12%
116.02
1 Year
-0.35
3 Years
2.19
5 Years
6.63
10 Years
34.02
10%
8%
6%
4%
ANNUALISED PERFORMANCE OF MIRROR FUND (as at 30/09/2014)
2%
% growth
0%
Since Launch
-2%
-4%
Oct 09
Oct 10
Oct 11
Oct 12
Oct 13
30/09/2009 - 30/09/2014 Powered by data from FE
Standard Deviation*
4.22
5.32%
* Standard Deviation is a measure of a fund’s risk and volatility. It gives an
indication of how much a fund’s price goes up and down in value. So the
higher the volatility measure, the greater the risk. The above figure is an
annualised figure over a three-year time period.
Source: Financial Express Ltd, on a bid to bid basis. Figures to 30/09/2014
IMPORTANT INFORMATION REGARDING MIRROR FUNDS
For each fund managed by external investment managers Friends Provident International has set up its own mirror fund, which invests exclusively in
the underlying fund, apart from a proportionately small amount, which may be held as a cash balance. This means that the price of the Friends
Provident International fund will be different from the corresponding fund due to the cash holding and any differences in fund charges, but will move
mainly in line with it. These mirror funds can only be accessed using Friends Provident International product wrappers. Please note that there are
fees charged to investments in the mirror funds that will affect their return. For further details, please refer to the relevant fund information
brochure.
Friends Provident International Limited
Registered and Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA.
Telephone: +44(0) 1624 821 212 Fax: +44(0) 1624 824 405 Website: www.fpinternational.com
Incorporated company limited by shares. Registered in the Isle of Man, number 11494.
Authorised by the Isle of Man Insurance and Pensions Authority.
Provider of life assurance and investment products.
Authorised by the Office of the Commissioner of Insurance to conduct long-term insurance business in Hong Kong.
Registered in the United Arab Emirates as an insurance company (Registration No. 76).
Registered with the Ministry of Economy as a foreign company (Registration No. 2013): Registration date 19 April 2007.
Authorised by the United Arab Emirates Insurance Authority to conduct life assurance and funds accumulation operations.
Registered in Singapore No. F06835G.
Licensed by the Monetary Authority of Singapore to conduct life insurance business in Singapore.
Friends Provident International is a registered trade mark of the Friends Life group.