The Investec Growth Fund aims to achieve capital growth over the long term. The objective is to achieve returns well in excess of the FTSE/JSE All Share Index, measured over three year periods.
Strategy
The fund invests in South African companies which are expected to deliver above average earnings growth in the future. A true growth company is typically one that is expected to grow earnings faster and more profitably for shareholders than the average company. Investors should also be paying a reasonable price for the expected growth. Other factors important to the investment decision are the quality of management, growth trends, the nature of the industry, competitive position and market share.
