Register to get unlimited access to all of Citywire’s fund manager database. Registration is free and only takes a minute.

Investec Absolute Balanced A

Ranked 59 out of 61 in - Balanced ZAR over 12 months
All calculations are in USD unless stated

Managed by

Sumesh Chetty

Clyde Rossouw

Clyde is a portfolio manager at Investec Asset Management with a focus on absolute return investing. His portfolio manager duties include the Investec Opportunity Fund unit trust. Clyde joined Investec Asset Management in November 1999 as an asset allocation and sector allocation strategist. Prior to Investec Asset Management, Clyde was awarded a bursary by Sanlam and worked in their group for eight years, including five years in asset management. His experience in investments includes fixed income analysis and portfolio management. Clyde completed his Bachelor of Science (Statistics and Actuarial Science) degree at the University of Cape Town in 1991. He was awarded the Certificates in Actuarial Techniques (1995), and Finance and Investments (1997) by the Institute of Actuaries in London, and gained his Chartered Financial Analysts qualification in 1999.

Objective

The Fund targets inflation-beating returns measured over three year periods, while actively managing downside risk. The fund invests in a mix of South African equities, bonds and money market instruments. Market risk is removed by using financial instruments such as equity and bond index futures.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Balanced ZAR over : 31/12/2016 - 31/12/2017

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 13.3% 4.1% 2.9% -2.0% 8.0%
2016 21.8% 7.7% 1.9% 7.8% 3.0%
2015 -21.6% -3.3% 0.8% -10.5% -10.1%
2014 -5.8% 0.6% 1.2% -6.2% -1.4%
2013 -14.7% -7.0% -7.6% 1.5% -2.3%
2012 1.3% 6.4% -5.0% 1.1% -0.9%
2011 -14.2% -1.2% 0.3% -15.0% 1.9%
2010 18.0% 2.1% -3.7% 11.6% 7.6%
2009 38.9% -1.7% 27.9% 5.4% 4.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. South Africa

Fund Info

  • Launch date01/07/2003
  • Share Class size1,748Mn
  • Base currencyZAR
  • ISIN ZAE000048179

Purchase Info

  • Min. initial investment10,000
  • Min. regular additional investment500

Charges

  • Annual management1.20%
  • Initial investment0

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).