Investec Global Gold I Acc GBP

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Quick Stats

Bid Price - Offer Price -
Mid Price GBX 154.02 Day Change GBX -0.22 (-0.14%)
Price Date 17 Oct 2019 Crown Rating 3
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.00 Fund Size 322,146,900.00
Launch Date 10/04/2006 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 1,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B1XFGM25 Min TopUp (£) 250,000.00
Ongoing Charge (%) 0.8400 Ongoing Charge Date 31/12/2018

Fund Objective

The Fund aims to achieve long term capital growth primarily through investment in equities issued by companies around the globe involved in gold mining and in derivatives the underlying assets of which are equities issued by companies around the globe involved in gold mining.

Fund Managers

George Cheveley

George is a portfolio manager and metals and mining specialist in the Natural Resources team at Investec Asset Management having joined the firm in 2007. Prior to this, he was a market analyst for three years at BHP Billiton, working in The Hague and Singapore. He was recruited to BHP Billiton in 2004 from CRU (Commodities Research Unit), an independent metals/chemicals related research company based in London. At CRU, he spent three years in the Carbon Steel team and five years as a Research Manager – Copper, providing in-depth research and forecasts to the industry, banks and hedge funds. George began his career in 1990 in operations at British Steel Strip Products, working for three years in the Tinplate division. George graduated from the University of Oxford in 1989 with an honours degree in Classics and in 1995 was awarded an MBA from Warwick University.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
BARRICK GOLD CORP 9.50%
AGNICO EAGLE MINES 8.10%
NEWCREST MINING 8.10%
SILVER WHEATON CORP 7.90%
NORTHERN STAR RESOURCES LTD 5.30%
ANGLOGOLD ASHANTI 4.70%
PAN AMERICAN SILVER CORP 4.70%
KIRKLAND LAKE GOLD INC 4.40%
ENDEAVOUR MINING CORP 4.30%
EVOLUTION MINING LTD 4.30%

Asset Breakdown

Name Weight
Commodity & Energy 99.50%
Money Market 0.50%

Region Breakdown

Name Weight
Australia 21.60%
Canada 62.30%
Jersey 1.80%
Money Market 0.50%
Russia 0.90%
South Africa 4.70%
UK 5.00%
USA 3.20%

Sector Breakdown

Name Weight
Gold 83.40%
Mineral Extraction 1.00%
Money Market 0.50%
Precious Metals & Stones 15.10%