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Ninety One Global Natural Resources I Gr Acc GBP

ISIN: LU0954591375 | MEX: GMALOL | CITI: FBBJ

  • Buy 5,748 GBX

  • Sell 5,748 GBX

  • Price Change -1.74350%

Accumulation

Past Performance

  • 17th Dec 2020 to 17th Dec 202129.62%
  • 17th Dec 2021 to 17th Dec 202233.28%
  • 17th Dec 2022 to 17th Dec 20231.31%
  • 17th Dec 2023 to 17th Dec 20244.22%
  • 17th Dec 2024 to 17th Dec 202529.42%
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Objectives and Approach

The Fund aims to achieve long-term capital growth primarily through investment in equities issued by companies around the globe that are expected to benefit from a long-term increase in the prices of commodities and natural resources. At least two-thirds of the companies invested in will be involved in mining, extracting, producing, processing or transporting a natural resource or commodity or will be companies which provide services to such companies.

Key Information

Inception 29th Aug 2013
Historic Yield 0%
Sector IA Commodity/Natural Resources
Fund Size £995.828mn
Fund Type SICV
Classification Accumulation

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. 		1.61%
Initial Charge 0%
AMC 0.75%
Our Platform Charge
We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet 		0.30%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here 		0.30%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available 		N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs 		1.61%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

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      Current Comparators


      • Cumulative Performance

        1 month3 months6 months1 year3 years5 years
        2.34% 13.75% 22.41% 29.42% 36.65% 136.08%

        Important Information
        Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

        The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



      Composition

      View Fund Allocation by:

      TOP 10 HOLDINGS TOP 10 ASSETS TOP 10 SECTORS TOP 10 GEOGRAPHIES

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INVESTOR INFORMATION DOCUMENT
      214,295 bytes PDF Document; last updated 14 Feb 2025
      Product-Level Sustainability Report
      PRODUCT-LEVEL SUSTAINABILITY REPORT
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      8,393,745 bytes PDF Document; last updated 31 Mar 2025
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      2,726,615 bytes PDF Document; last updated 30 Jun 2025
      Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
      PROSPECTUS
      5,046,232 bytes PDF Document; last updated 02 Dec 2025
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      Management Team

      Dawid Heyl Paul Gooden George Cheveley

      Dawid Heyl has managed this fund for 5 years and 9 months.

      Dawid Heyl Dawid is a portfolio manager in the Thematic Equity team within Multi-Asset at Ninety One. He is a portfolio manager on our Global and Enhanced Natural Resources funds and strategies. 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.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Dawid

      Name of Security Sole/Co Managed Since
      Ninety One GbNatRes Co Feb 2020

      Paul Gooden has managed this fund for 4 months.

      Paul Gooden There is currently no biography information for Paul Gooden.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Paul

      Name of Security Sole/Co Managed Since
      Ninety One GbNatRes Co Aug 2024

      George Cheveley has managed this fund for 17 years and 10 months.

      George Cheveley George is a portfolio manager and metals and mining specialist in the Thematic Equity team within Multi-Asset. He joined the firm in 2007. George is a portfolio manager for the Global Gold Fund and co-portfolio manager for the diversified Natural Resources strategies. 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 this, he 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 an MBA from Warwick University.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by George

      Name of Security Sole/Co Managed Since
      Ninety One Global Gold Sole Apr 2015
      Ninety One Global Gold Sole Apr 2015
      Ninety One GbNatRes Co Jan 2008

      Investment involves risk. You may get back less than invested.