Portfolio Manager
Paul is Head of Natural Resources and a co-portfolio manager for the Global Natural Resources strategy. He covers global energy equities, including traditional energy such as oil and gas producers, as well as clean energy companies. Prior to joining the firm Paul worked at Fidelity International, where he was a co-portfolio manager of the Global Energy and Global Clean Energy strategies as well as an analyst covering US energy equities since 2014. Additionally, Paul has held roles with Subsea 7, RBS Global Markets and Morgan Stanley. Paul received a Master of Business Administration from INSEAD and Bachelor of Arts from St John’s College, Cambridge University.
Portfolio Manager
George is a portfolio manager and metals and mining specialist in the Natural Resources team. George is a portfolio manager for the Global Gold strategy and co-portfolio manager for the Natural Resources strategy. He covers all aspects of metals and mining supply and demand including, most recently, the impact of renewable energy and electric vehicles on metals demand. Prior to joining the firm, George was a market analyst for three years at BHP Billiton, working in The Hague and Singapore. He was recruited to BHP Billiton in 2004 from CRU (Commodities Research Unit), an independent metals/chemicals related research company based in London. At CRU, he spent three years in the Carbon Steel team and five years as a Research Manager – Copper, providing in-depth research and forecasts to the industry, banks and hedge funds. George began his career in 1990 in operations at British Steel Strip Products, working for three years in the Tinplate division. George graduated from the University of Oxford in 1989 with an honours degree in Classics and in 1995 was awarded a Master of Business Administration from Warwick University.
Portfolio Manager
Dawid is a portfolio manager in the Natural Resources team. Dawid is a co-portfolio manager for the Global Natural Resources strategy. He covers agriculture, protein, basic foodstuffs, forest products, metals and mining, as well as various environmental investment sectors. Having specialized in agriculture and softs since 2007, he has focused on the developments in sustainable food production, the efficient use of water, seed, fertilizer and crop protection inputs as well as the advent of precision agriculture. Before joining the firm, Dawid was a derivatives trade accountant at KBC Financial Products. Prior to this, from 2002 to 2005, he qualified as a chartered accountant at Baker Tilly Greenwoods Auditors in Cape Town, during which time he managed audits of companies in the agricultural, protein and industrial sectors. Dawid graduated from the University of Stellenbosch with a Bachelor’s degree in Law in 2000. In 2001 he completed the Accountants Conversion Course at the University of Cape Town and in 2002 he graduated from the University of South Africa with an honours degree in Accounting. Dawid was awarded the Chartered Accountant designation (SA) in 2005 and is also a CFA® Charterholder.
Fund: 49%
Index: 42.9%
Fund: 11.9%
Index: 15.3%
Fund: 10.4%
Index: 9.3%
Fund: 5%
Index: 1.2%
Fund: 4.9%
Index: 2.5%
Fund: 4.9%
Index: 2.6%
Fund: 4.7%
Index: 6.6%
Fund: 3.4%
Index: 3.3%
Fund: 1.4%
Index: 0.8%
Fund: 1.2%
Index: 0%
Fund: 1.2%
Index: 0%
Fund: 0.7%
Index: 0.3%
Fund: 0%
Index: 0.1%
Fund: 0%
Index: 2.5%
Fund: 0%
Index: 0.1%
Fund: 0%
Index: 1.2%
Fund: 0%
Index: 0.1%
Fund: 0%
Index: 2.8%
Fund: 0%
Index: 0.3%
Fund: 0%
Index: 0.2%
Fund: 0%
Index: 8.1%
Fund: 1.3%
Index: 0%
Fund: 20.3%
Index: 22.9%
Fund: 15.2%
Index: 6.8%
Fund: 11.7%
Index: 7.3%
Fund: 11.1%
Index: 12%
Fund: 9.9%
Index: 12.4%
Fund: 6.6%
Index: 2.2%
Fund: 6.1%
Index: 6.2%
Fund: 5%
Index: 1.1%
Fund: 3.2%
Index: 3.2%
Fund: 2.8%
Index: 4.6%
Fund: 6.8%
Index: 21.4%
Fund: 1.3%
Index: 0%
8.2%
5.3%
4.9%
4.8%
4.3%
4%
3.8%
3.4%
3.2%
3%
Number of equity holdings: 51
We recommend that you seek independent financial advice to ensure this Fund is suitable for your investment needs.
All the information contained in this communication is believed to be reliable but may be inaccurate or incomplete. Any opinions stated are honestly held but are not guaranteed and should not be relied upon.
It is not an invitation to make an investment nor does it constitute an offer for sale. Any decision to invest in the Fund should be made after reviewing the full offering documentation, including the Prospectus, which sets out the fund specific risks. Fund prices and English language copies of the Prospectus, annual and semi-annual Report & Accounts, Articles of Incorporation and where relevant, the local language copies of the Key Investor Information Documents (KIID) and Key Information Documents (KID), may be obtained from www.ninetyone.com.
Performance data source: © Morningstar, NAV based, (net of fees, excluding initial charges), total return, in the share class dealing currency. Performance would be lower had initial charges been included as an initial charge of up to 5% (10% for S shares) may be applied to your investment. This means that for an investment of $1,000, where the initial charge equals 5%, $950 ($900 for S shares) would actually be invested in the Fund. Returns to individual investors will vary in accordance with their personal tax status and tax domicile.
PRIIPs Performance scenarios and Risk Profile SRI data source: Broadridge Ireland Limited.
For a full description of the Morningstar rating for funds, please see the attached guide. A rating is not a recommendation to buy, sell or hold a fund.
The overall rating for a fund, often called the ‘star rating’, is a third party rating derived from a quantitative methodology that rates funds based on an enhanced Morningstar™ Risk-Adjusted Return measure. ‘Star ratings’ run from 1 star (lowest) to 5 stars (highest) and are reviewed at the end of every calendar month. The various funds are ranked by their Morningstar™ Risk-Adjusted Return scores and relevant stars are assigned. It is important to note that individual shareclasses of each fund are evaluated separately and their ratings may differ depending on the launch date, fees and expenses relevant to the shareclass. In order to achieve a rating the share class of a fund must have a minimum three-year performance track record.
The portfolio may change significantly over a short period of time. This is not a buy or sell recommendation for any particular security. Figures may not always sum to 100 due to rounding.
For an explanation of statistical terms, please see our glossary.