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Ranking
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Sector:
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Global-Equity-General |
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Size:
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$145 260 000 |
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Sector Rank:
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4 out of 35 |
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(lump sum over 3 years to 30 Apr 2004)
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Overall Rank:
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89 out of 243 |
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(lump sum over 3 years to 30 Apr 2004)
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| R20000 invested on 30 Apr 2001 was worth R21 049 at 30 Apr 2004 |
(1.72% annual compound return)
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| R5000 per month since 30 Apr 2001 was worth R190 829 at 30 Apr 2004 |
(3.76% annual return compounded monthly)
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| Please note that offshore fund performance figures are calculated from NAV prices (ie, equivalent to sell-to-sell) and therefore not directly comparable to domestic fund performance figures on this site. |
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Management
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| Nick Mottram, BA (Hons) II.i |
| Nick Mottram was born in 1962. After gaining a degree in English and American Literature from the University of Kent at Canterbury, he joined Touche Ross and Co in 1984 as a trainee accountant. Nick went on to qualify as a chartered accountant in 1988, working as an audit manager. He joined Schroder Investment Management Limited in 1990 as an investment analyst, moving to their UK pension fund management team in 1991. Whilst continuing to manage UK equity portfolios, he was appointed Head of UK Research in 1996, and in 1999 he became joint head of Pan European research. Nick joined Investec in 2000 as head of equities. |
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Focus and Objective
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The fund aims to provide capital appreciation primarily through investment in international equities. The substantial majority of the fund is invested in privatisation issues, initially in existing privatised companies. A privatisation issue is defined as a publicly quoted company, in which a government has, or has had, a significant shareholding or influence. The fund will take advantage of privatisation issues globally as they occur in the coming years.
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Technical overview
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| Formation Date: |
06 Apr 1994 |
| Original Price: |
2 000.00 |
| Pricing System: |
Forward |
| Base Currency: |
$ |
| Domicile: |
Guernsey |
| Rollup Fund: |
No |
| Benchmark: |
Micropal OS EQ Global |
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Top holdings on 31 Mar 2004
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Share (Sector)
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Value
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% of fund
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| TDC (Equities) |
$3 486 240 |
2.40% |
| RENAULT (Auto) |
$3 340 980 |
2.30% |
| INDRASISTEMAS (Technology) |
$3 311 928 |
2.28% |
| DEPFA (Banks) |
$3 253 824 |
2.24% |
| JOHNHANCOCK (Insurance) |
$2 948 778 |
2.03% |
| FORTUM (Energy) |
$2 919 726 |
2.01% |
| TELKOM (Fixed-Line Telecommunication Services) |
$2 716 362 |
1.87% |
| VINCI (Goods & Services) |
$2 600 154 |
1.79% |
| TRANSCOSMOS (Goods & Services) |
$2 527 524 |
1.74% |
| METLIFE (Insurance) |
$2 483 946 |
1.71% |
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TOTALS
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$29 589 462
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20.37%
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