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Investec AF Pan European Equity Fund
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Investec AF Pan European Equity Fund
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Ranking
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Sector:
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Europe-Equity-General |
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Size:
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£6 310 000 |
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Sector Rank:
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19 out of 22 |
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(lump sum over 3 years to 30 Apr 2004)
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Overall Rank:
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215 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 R14 834 at 30 Apr 2004 |
((9.48)% annual compound return)
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| R5000 per month since 30 Apr 2001 was worth R161 636 at 30 Apr 2004 |
((7.08)% 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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| Mr Albert Morillo, B.Ing, MBA |
| Albert Morillo, managing director and head of European equity of BlackRock International, Ltd and a member of BlackRock International's Management Committee. His primary responsibility is European equity research and portfolio management. Prior to joining BlackRock in 1999, Mr Morillo was an investment director of Scottish Widows Investment Management, head of its European equity team, and a member of the Investment Policy Group. Mr Morillo joined Scottish Widows Investment Management in 1985 as an UK equity analyst. He moved to the European equity desk in 1986 and was appointed head of the European team in 1991. Mr. Morillo began his career with Royal Dutch/Shell. Mr. Morillo earned a BSc degree in chemical engineering at Edinburgh University and obtained an MBA degree in 1984. He is a member of the International Board of the Paris Stock Exchange. |
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Focus and Objective
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The aim of the fund is to achieve capital growth by investing predominantly in Continental European companies, especially those based in France, Germany, Spain, Italy and Switzerland. The European markets offer opportunities in both large international companies and those involved in specialist areas. The fund’s geographic exposure is actively managed, in pursuit of the best performing markets.
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Technical overview
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| Formation Date: |
01 Jul 1988 |
| Original Price: |
1 000.00 |
| Pricing System: |
Forward |
| Base Currency: |
£ |
| Domicile: |
Guernsey |
| Rollup Fund: |
Yes |
| Benchmark: |
Micropal OS EQ Europe |
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Top holdings on 31 Dec 2003
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Share (Sector)
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Value
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% of fund
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| HSBC (Financial Services) |
£319 917 |
5.07% |
| VODAFONE (Telecom) |
£304 773 |
4.83% |
| BPAMOCO (Energy) |
£258 079 |
4.09% |
| ROCHE (Healthcare) |
£225 898 |
3.58% |
| ROYALBNKSCOT (Banks) |
£219 588 |
3.48% |
| DUTCHPETROLUS (Energy) |
£211 385 |
3.35% |
| UBS (Financial Services) |
£198 765 |
3.15% |
| TELEFONICA (Telecom) |
£195 610 |
3.10% |
| SIEMENS (Goods & Services) |
£194 979 |
3.09% |
| NOVARTIS (Healthcare) |
£193 086 |
3.06% |
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TOTALS
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£2 322 080
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36.80%
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