View more on these topics

Investec launches new natural resources fund

Investec Asset Management is launching what it claims is the first-ever UK-domiciled natural resources fund.

The enhanced natural resources fund will utilises full Ucits III powers and will comprise both commodity and resource equities.

The UK-domiciled Oeic has a total return objective and aims to deliver its long-term investment goals by combining analysis of underlying commodity securities and bottom-up stock picking.

It is daily traded, accessing over 30 commodities and 800 resource stocks, spanning the whole commodity spectrum, including energy, mining, metals and agriculture and can move between sectors.

Due to Ucits III, the fund can take both long and short positions, which it says will increase potential for a better risk/return balance.

It will be available on leading fund supermarkets, platforms and through life companies, with a minimum investment of £1,000. The fund’s annual management charge is 1.5 per cent, with 0.5 per cent trail.

Investec head of global commodities and the fund’s co-portfolio manager Bradley George says: “The enhanced natural resources fund is founded on the belief that we are in a long-term secular growth cycle for commodities driven by demand from both emerging economies and the developed world.

Investec managing director, UK distribution David Aird says: “We believe this launch to be a real first for the UK market. Investec Asset Management has a long and highly regarded pedigree in the commodities sector.

“Many IFAs in the UK have bought into the commodity story and client flows have been high. However, we strongly believe that clients will welcome a fund with a total return objective, one which provides them with some protection in falling markets, whilst at the same time generating attractive returns over time.”

Recommended

Broker Talkback

Are you happy with the new-look RDR?

Full circle

Five or six years go, I attended an Aifa dinner where the main speaker was Sir Howard Davies, then chairman of the FSA.

Great expectations for Japan

By James Dowey, Chief Economist and CIO Turnaround stories are an investor’s best friend. If successful, they prompt a widespread and possibly radical re-evaluation of the fair value of the associated assets. If one is brave enough to re-evaluate early on in the process then the returns can be very large. For over two decades […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com