Investec Global Gold A Acc Net GBP


Buy/Sell Price  (as of 23/09/2016) £1.581   Day Change :  -0.11%     Fund Code:  ICGGA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

George CheveleyMr. Cheveley is a Portfolio Manager with Investec. Mr. Cheveley has 20 years of experience in the investment industry, of which 4 have been spent with the Investec Group. Mr. Cheveley joined Investec Asset Management in January 2007 as the Metals and Mining specialist working in the Commodities and Resources team. Prior to this Mr. Cheveley was a Manager in Market Analysis for BHP Billiton (Base Metals Marketing) for three years, working in The Hague and Singapore. At BHP Billiton, Mr. Cheveley conducted extensive research into the base metals markets, including a three month study, based in Shanghai, into long term prospects for Chinese copper demand. 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 had spent three years in the Carbon Steel team and five years as Research Manager for copper, providing in-depth research and forecasts to the industry, banks and hedge funds. Mr Cheveley began his career in 1990 in operations at British Steel Strip Products, working for three years in the Tinplate division.

Biography

Investment HouseInvestec
Fund ProviderInvestec Fund Managers Ltd
ManagerGeorge Cheveley   Biography
ManagerHanré Rossouw  

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.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B12B5S05
12-Month NAV High £1.78
12-Month NAV Low £0.65
Fund Comparative IndexEuromoney Global Gold TR
Morningstar CategoryTMSector Equity Precious Metals
Dividend FrequencyYearly
Historic Yield0.00%

Annual Charges

Morningstar ratings

 as of  31/08/2016
Overall4 star
3 Years4 star
5 Years4 star
10 Years4 star

Growth of £1000 Help

 as of  23/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
6.211.742.681.943.01
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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