Investec Target Return I Inc Net GBP (FUND:B71DHL6) - Overview

Fund Report

Investec Target Return Fund I Inc Net GBP

Key Stats
Morningstar® CategoryAlt - Long/Short Debt
Manager Name-
Inception Date02/05/2012
NAV 27/10/2016GBX 95.41
Day Change-0.03%
12 Month Yield1.04%
Dividend FrequencyQuarterly
Net Assets (mil) 31/01/2016429.87 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.76%
Fund Rebate-

Morningstar Rating™

Not Rated


Fund Benchmark


Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 30/09/2016

How has this security performed
  • Fund: Investec Target Return Fund I Inc Net GBP
  • Category: Alt - Long/Short Debt
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 27/10/2016
3 Years Annualised0.06
5 Years Annualised0.22
10 Years Annualised1.14

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund aims to produce a positive return over the long term regardless of market conditions by investing primarily in interest bearing assets and related derivatives. The Fund will seek to achieve its objectives by holding a diversified portfolio of interest bearing securities and/or related assets. The securities may be denominated in any currency and could include bills, notes and bonds issued by governments, government agencies, supranational institutions and corporations. The related assets could be deposits or forward currency contracts, or alternatively, interest rate, currency or credit derivatives. Forward currency contracts and derivatives may be held either with the purpose of reducing risk or of seeking to enhance prospective returns. The Fund will not invest in equities or equity-related derivatives.

Portfolio Profile31/01/2016

AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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