Ninety One American Franchise B GBP Acc NAV

IMA Sector:

North America

ISIN:

GB0033064261

Fund Type:

OEIC

855.55p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 29-Apr-2024
  • Change: -5.00p
  • Change %: -0.58%
  • Currency: GBP
  • YTD change: 39.98p
  • YTD %: 4.90%

Fund Objective

The Fund aims to achieve long term capital growth primarily through investment in a portfolio of equities issued by USA companies and in derivatives, the underlying assets of which are equities issued by USA companies.

View on Past Performance

Thornburg Investment Management, based in Santa Fe, was chosen as manager based on the outstanding performance record of its Thornburg Value Fund, upon which the Investec American Fund itself is modelled.The team employs a systematic quantitative screening process that aims to unearth promising companies with sound business fundamentals that are priced at a discount to their intrinsic value. America's equity universe of approximately 10,000 stocks is honed to a shortlist of 100-150 companies. These stocks are then examined using fundamental analysis and intensive research to arrive at a final portfolio of the 35-45 most compelling investment opportunities.

Fund Details

Latest Price 855.55p IMA Sector North America
Currency British Pound Launch Date 23/09/2002
Fund Size n/a Fund Manager Bill Fries / Connor Browne / Ed Maran
ISIN GB0033064261 Dividend 0.00p

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Price Info

Date 29-Apr-2024
NAV 855.55p
Currency GBP
Change -5.00p
% -0.58%
YTD change 39.98p
YTD % 4.90%

Fund Facts

Fund Inception 23/09/2002
Fund Manager Bill Fries / Connor Browne / Ed Maran
TER 1.35 (31-Dec-2011)

Fund Reports

Minimum Investment
Initial £10000000
Additional £100
Savings £100
Charges
Initial n/a
Annual Mang't 1.25%
Exit n/a

Risks

Name %
Standard deviation 0.02
Sharpe ratio 0.04

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