Insight Global Alpha Acc NAV

IMA Sector:

Global

ISIN:

GB0008478769

Fund Type:

OEIC

85.08p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 12-Feb-2010
  • Change: -0.020p
  • Change %: -0.02%
  • Currency: GBP
  • YTD change: 85.08p
  • YTD %: n/a

Fund Objective

The Fund aims to achieve long term capital growth.

View on Past Performance

Global equity markets endured a turbulent month, as turmoil in the US and UK banking industries reverberated around the globe. Key to the volatility was the Republican Party's last minute volte face as it voted against a $700bn rescue package for the US financial sector, amid accusations of 'bi-partisan poison', sending markets plummeting. Stocks did however rebound notably on the last day of the month, amid feverish speculation that the deal will be salvaged.Overall, the FTSE World index lost 10.0% in sterling, total return terms. We continued reducing the Fund's direct economic sensitivity amid concerns over a deepening global slowdown, which meant reducing our exposure to Trimble Navigation, plant engineer JGC Corp and French industrial group Alstom. We re-worked our financial positioning by buying into Zurich Financial Services, believing it will be a beneficiary of the turmoil at AIG as the latter's commercial clients seek greater security.Weincreased our US exposure, adding to Walgreen and Energizer, while we bought back into Home Depot believing the Fed's positive policy action should stimulate consumer demand. We also boosted the Fund's cash positioning in the light of the deteriorating market conditions.

Fund Details

Latest Price 85.08p IMA Sector Global
Currency British Pound Launch Date 15/09/1990
Fund Size n/a Fund Manager David Marchant
ISIN GB0008478769 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 12-Feb-2010
NAV 85.08p
Currency GBP
Change -0.020p
% -0.02%
YTD change 85.08p
YTD % n/a

Fund Facts

Fund Inception 15/09/1990
Fund Manager David Marchant
TER 1.67 (31-Oct-2008)

Fund Reports

Minimum Investment
Initial £3000
Additional £1,000
Savings £100
Charges
Initial 4.00%
Annual Mang't 1.50%
Exit n/a

Risks

Name %
Standard deviation 0.02
Sharpe ratio 0.04

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