Orbis Orbis OEIC Global Cautious Fixed Fee Acc
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
|
|---|---|---|---|---|---|
| Fund | 13.3% | 10.4% | 3.3% | 7.2% | 11.5% |
| Sector | 19.8% | 2.7% | -4.8% | 7.7% | 3.7% |
| Rank | 131/146 | 2/159 | 4/165 | 82/172 | 3/184 |
| Quartile | 4 | 1 | 1 | 2 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
||
| Fund | 7.3% | 9.1% | n/a | |
| Sector | 2.1% | 5.5% | 3.3% | |
| Rank | 3/165 | 7/146 | n/a | |
| Quartile | 1 | 1 | n/a | |
Fund Aims
The fund seeks to apply a cautious balance between investment returns and risk of loss using a diversified global portfolio. In managing the fund in accordance with this objective, the Investment Manager believes that an outcome will be growth on a three year rolling basis but returns are not guaranteed and a capital loss may occur.
Fund Manager
Rather than a “star manager” or team-based approach, our process is designed to harness the best ideas of our best stockpickers. Six stockpickers – each with different geographic and industry expertise – are responsible for directing client capital into the highest-conviction ideas. William Gray has final accountability for the strategy, including selecting and monitoring those who direct client capital.
Fund Overview
| Mid (17/04/2025) | £14.26 |
| Historic yield | - |
| Fund size | - |
| Entry Charge | 0.00% |
| Ongoing Charges | 1.20% |
| Launch date | 01/11/2023 |
Identification Codes
| Sedol Code | BRX95B8 |
| Mex Code | - |
| Isin Code | GB00BRX95B82 |
| Citi Code | AVOH9 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 1.20% |
Aims and Benchmark
| Aims | The fund seeks to apply a cautious balance between investment returns and risk of loss using a diversified global portfolio. In managing the fund in accordance with this objective, the Investment Manager believes that an outcome will be growth on a three year rolling basis but returns are not guaranteed and a capital loss may occur. |
| Benchmark | 30% MSCI World Index, 70% JP Morgan Global Government Bond Index hedged into Sterling |
| Benchmark Category | Target |
| IA Sector | Mixed Investment 20-60% Shares |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 21:30 |
| Fund type | OEIC |
| Launch price | - |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 31 December | 31 December |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Citibank |
| Fund Administrator | Citibank |
| Fund Registrar | Internal |
| Fund Custodian | Citibank |
Group Details
| Group name | Orbis Investments OEIC |
| Group address | Wimbledon Bridge House, 1 Hartfield Road, London SW19 3RU |
| Group telephone | 020 7042 2000 |
| Dealing telephone | - |
| - | |
| Homepage | www.orbis.co.uk |
| Fax number | - |
Dealing
| Minimum Investment | - |
| Minimum Top Up | - |
| Minimum Regular Saving | - |
| Settlement Period: Buy | - |
| Settlement Period: Sell | - |
| Pricing Basis | None |
| Dealing Decimals | - |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 5.97 |
| Beta | 0.61 |
| Sharpe | 0.70 |
| Standard Deviation | 5.40 |
| Info Ratio | 1.16 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | Yes |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Emerging Markets
The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
High Yield Bonds
The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Derivative Exposure
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.