Investec Target Return Bond Fund I Accumulation GBP

Name
Investec Target Return Bond Fund I Accumulation GBP
Manager
Investec Fund Managers Ltd
Type
Open Ended Investment Company
ISIN
GB00B0FNM414
Sector
Targeted Absolute Return
Launched
03/03/2008
OCF
0.74 %
3 Year Sharpe
-0.94
Yield
1.8 %
Benchmark
LIBOR GBP Overnight Rate +2.5%
The Fund aims to produce a positive return above overnight GBP LIBOR over rolling 3 year periods regardless of market conditions by investing primarily in interest bearing assets and related derivatives. The Fund targets a return of overnight GBP LIBOR +2.5% (gross of fees) per annum over rolling 3 year periods. While the Fund aims to achieve a positive return and its performance target, there is no guarantee either will be achieved over rolling 3 year periods or over any period of time. There is no guarantee that all capital invested in the Fund will be returned.
Holding %
United Kingdom of Great Britain and Northern Ireland 18.50 %
United Kingdom of Great Britain and Northern Ireland 6.88 %
United Kingdom of Great Britain and Northern Ireland 4.73 %
Republic of Ecuador 10.75% 2.94 %
Gsi Cds Cdx High Yield 500bps 20dec24 2.73 %
Gsi Cds Cdx High Yield 500bps 20dec24 2.54 %
Jpmsl Cds Markit Itrx Eur 500bps 20dec24 2.45 %
Jpmsl Cds Markit Itrx Eur 500bps 20dec24 2.17 %
Citlon Cds Colombia Govern 100bps 20dec24 2.00 %
Citlon Cds Colombia Govern 100bps 20dec24 1.97 %
Name
Investec Fund Managers Ltd
Address
EC2V 5HA, London, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Imran Ahmad
Joined 09/28/2018
Russell Silberston
Joined 02/01/2016

Russell is head of Multi-Asset Absolute Return. He is responsible for the investment decisions within Investec Asset Management’s Absolute Return offering as well as the major market interest rate and currency positioning within a wide range of multi-strategy fixed income portfolios. He is also a portfolio manager for our Target Return Strategy. Before turning to portfolio management in 1998, Russell worked for Investec Bank. Russell started his City career in 1982 at merchant bankers, Samuel Montagu & Co.

Data provided by Morningstar.

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