Discretionary Segregated Mandates

The Investec Wealth & Investment segregated portfolios encompass a range of different mandates across various asset classes and risk profiles. Each mandate targets specific objectives and investment strategies.

Equity mandates

  • Long Term Growth Portfolio

    Our flagship equity mandate is positioned to deliver capital and income growth over the medium to long term through investing in JSE-listed equities. The portfolio includes existing blue chip companies, emerging growth companies, and turnaround opportunities or cyclical shares at favourable valuations. We also offer a long-term growth strategy mandate including offshore opportunities through our World Axis Core Fund.

    Download the fact sheet PDF 214.9 KB
  • Opportunities Portfolio

    This is an unconstrained mandate, which may elect to invest in both Top 40 blue chip counters as well as small and mid-cap shares. Smaller shares are evaluated with potential returns balanced against liquidity. Each eligible security is assessed on a forward-looking metric encompassing its earnings estimate. This is done on a rolling two year forward basis, whilst applying an appropriate exit price earnings multiple, based on expectations of the trajectory of the margin cycle, all taking into account both company and industry specifics.

    Download the fact sheet PDF 509.59 KB

Yield and Capital Appreciation Mandates

  • Progressive Yield Portfolio

    The objective of the Progressive Yield Portfolio is to provide investors with a yield above the market average, along with growing levels of income, while protecting the real value of the capital invested. To achieve this objective, the portfolio can comprise of equities with high sustainable dividend yields, listed property, preference share and bonds.

    Download the fact sheet PDF 629.67 KB
  • Listed Property Portfolio

    This mandate aims to provide longer-term investors with a growing income stream that can translate into capital growth over time. It is a concentrated, high-conviction portfolio with the focus being on companies with excellent management teams, quality underlying assets and portfolios with income growth potential. Gearing can be applied to the portfolio.

    Download the fact sheet PDF 203.64 KB

Asset Allocation Mandates

Balanced Mandates are offered in the retirement space and are Regulation 28 compliant.

  • Retirement High Equity Portfolio (Regulation 28 compliant)

    This mandate complies with Regulation 28, meaning that up to 75% of the portfolio can be invested in equities. This mandate typically ranges between 65% to 70% in equities.

    Download the fact sheet PDF 490.73 KB

    Download the fact sheet - including Offshore PDF 564.4 KB
  • Retirement Medium Equity Portfolio (Regulation 28 compliant)

    This mandate complies with Regulation 28, meaning that up to 75% of the portfolio can be invested in equities. This moderate mandate allows a maximum of 65% in equities with the balance being in fixed income instruments. Typically, this portfolio ranges between 40% and 65% in equities.

    Download the fact sheet PDF 476.54 KB

    Download the fact sheet - including Offshore PDF 612.61 KB
  • Retirement Low Equity Portfolio (Regulation 28 compliant)

    This mandate complies with Regulation 28, meaning that up to 75% of the portfolio can be invested in equities. However, this mandate is more conservative, allowing a maximum of 40% in equities with the balance being in fixed income instruments.

    Download the fact sheet PDF 462.96 KB

    Download the fact sheet - including Offshore PDF 553.57 KB

 

Managed Mandates are also asset allocation mandates but are available using voluntary funds.

  • Managed High Equity Portfolio

    Equity exposure is typically limited to a range of 65%-75%, with the balance invested in fixed income assets to optimise after-tax yield prospects.

    Download the fact sheet PDF 502.61 KB

    Download the fact sheet - including Offshore PDF 574.96 KB
  • Managed Medium Equity Portfolio

    Equity exposure is typically limited to a range of 40%-65%, with the balance invested in fixed income assets to optimise after-tax yield prospects.

    Download the fact sheet PDF 522.97 KB

    Download the fact sheet - including Offshore PDF 615.39 KB
  • Managed Low Equity Portfolio

    Equity exposure is typically limited to below 40%, with the balance invested in other asset classes such as property, fixed income, cash and preference shares.

    Download the fact sheet PDF 508.73 KB

    Download the fact sheet - including Offshore PDF 606.38 KB

Offshore Mandate

  • The Global Leaders Portfolio

    The Global Leaders Portfolio is a discretionary offshore segregated mandate, domiciled in the United Kingdom. This is a collaboration between Investec Wealth & Investment South Africa and United Kingdom, which enables a South African investor to access offshore investments carefully selected by the investment manager in South Africa, in conjunction with the expertise provided by the Research Team and Investment Managers in the UK.

    Global Leaders Portfolio PDF 334.17 KB
    Global Balanced Portfolio (USD) PDF 603.26 KB
    Global Growth Portfolio (USD) PDF 600.12 KB
    Global Leaders Funds PDF 631.21 KB

Offshore Collective Investment Schemes

The Investec World Axis Funds provide access to a wide range of specialist global investment managers, navigating and blending a wide universe of choices for the FSP’s client. The portfolios are a global fund of funds, actively managed both strategically and tactically. The structure is a protected cell company, and the funds are listed on the Channel Islands Stock Exchange.


The following funds are available:

  • Investec World Axis: Cautious Fund

    The Investec World Axis Cautious Fund provides exposure to global equities, bonds, property and cash. The long term strategic equity weighting is 30%. The portfolio is benchmarked against the Morningstar Cautious Allocation and the Internal Reference Benchmark is 30% MSCI World Index, 40% BARCAP Global Aggregate, 25% US dollar Libor, 5% FTSE/EPRA NAREIT Property Index.

    Download the Minimum Disclosure Document PDF 1.05 MB
  • Investec World Axis: Core Fund

    The Investec World Axis Core Fund provides exposure to global equities, bonds and cash. The long term strategic equity weighting is 60%. The portfolio is benchmarked against the Lipper Global Managed Average and the Internal Reference Benchmark is 60% MSCI World Index, 30% BARCAP Global Aggregate, 10% US$ Libor.

    Download the Minimum Disclosure Document PDF 1.02 MB
  • Investec World Axis: Equity Fund

    The Investec World Axis Equity Fund provides exposure to global equities. The portfolio is benchmarked against the Lipper Global Equity Average and the Internal Reference Benchmark is the MSCI World Index.

    Download the Minimum Disclosure Document PDF 906.43 KB
  • Investec World Axis: Flexible Fund

    The Investec World Axis Flexible Fund (“the Fund”) provides exposure to global equities, bonds, property, cash and - at times - alternative investments.

    Download the Minimum Disclosure Document PDF 1001.32 KB
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