The Investec Commodity Fund aims to grow capital over the long term. The objective is to achieve returns well in excess of a composite of the FTSE/JSE Basic Materials, Oil & Gas, and Construction & Materials indices, measured over three year periods.
Investor Profile
A specialist equity fund for investors who want to benefit from South Africa’s mineral and commodity wealth
Uses the Investec proprietary research model to assist in the screening and the selection of companies
Expected to outperform the broader stock market over the long term
Provides portfolio diversification
More volatile than a general equity fund
Strategy
The fund invests in listed companies that are involved in mining, minerals, energy, natural resources and other commodities. The fund aims to take advantage of changing commodity cycles by investing in a range of resources such as gold, platinum, iron, steel, coal, oil and pulp. The investment team uses Investec’s proprietary research platform. The fund favours equities that have a history of value creation, demonstrate strong and improving operating performance, are attractively valued relative to this performance and are increasingly drawing investors’ attention.
