14 out of 54 (lump sum over 1 years to 31 Mar 2018)
731 out of 1143 (lump sum over 1 years to 31 Mar 2018)
R1000 invested on 31 Mar 2017 was worth R1 022.88 on 31 Mar 2018 (2.29% annual compound return)
R100 per month since 31 Mar 2017 was worth R1 153.41 on 31 Mar 2018 (-7.33% annual return compounded monthly)
Please note that domestic fund performance figures are calculated on a NAV-NAV basis including dividends reinvested on the reinvestment date, ETFs are reinvested on the ex-div date.
Focus and Objective
The investment objective of the portfolio is to achieve long-term capital growth primarily through investment in shares of companies around the world. The underlying portfolio will have a blend of investments and will be unrestricted in its choice of companies either by size or industry or in terms of geographical make-up of the portfolio. The underlying portfolio will use a contrarian approach in selecting investments and will focus on companies deemed by the underlying manager to be of high quality.
In order to achieve the above objective, the Discovery Global Value Equity Feeder Fund will, apart from assets in liquid form, consist solely of participatory interests in the Global Value Equity Fund under the Investec Global Strategy Fund umbrella scheme which in turn invests principally in quoted equity securities on an international basis.
The portfolio may also include listed and unlisted financial instruments for the exclusive purpose of hedging exchange rate risks.
Fund Name Changed
Thursday, 13 November 2014
The Discovery Global Contrarian Equity Feeder Fund will change it's name to Discovery ...more
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