Investec Global Strategy Fund Ld
20 August 2001
Letter to Company Announcements Office
Investec Global Strategy Fund Limited - Interim Report & Accounts
We are pleased to advise that the Interim Report to 30 June 2001 of Investec
Global Strategy Fund Limited was approved at a Directors Board Meeting of the
above company held in Zurich on Friday 17th August 2001.
A copy of the Revenue Account, which contains comparative figures for the
equivalent period 2000, follows.
Dividends payable by Investec Global Strategy Fund Limited, as previously
advised, were approved by the Board at that meeting.
Letter from Kellie Blondel
Assistant Company Secretary
Investec Asset Management Guernsey Limited
PROVISIONAL
NAME SHARE CLASS DEC. DATE PAY DATE AMOUNT
GEF Investec A Euro Money Fund 29/06/2001 16/07/2001 EUR 0.52
GGB Investec A Sterling Money Fund 29/06/2001 16/07/2001 £0.25
GGS Investec A Sterling Bond Fund 29/06/2001 16/07/2001 £0.17
GEH Investec A European High Inc. 29/06/2001 16/07/2001 EUR 0.60
Bond Fund
GUK Investec A U.K. Equity Fund 29/06/2001 16/07/2001 £0.33
GMS Investec A Sterling Managed Fund 29/06/2001 16/07/2001 £0.17
GSH Investec A Sterling High Income 29/06/2001 16/07/2001 £0.44
Bond Fund
GUS Investec A U.S.Dollar Money Fund 29/06/2001 16/07/2001 $0.48
GMC Investec A Managed Currency Fund 29/06/2001 16/07/2001 $0.66
GBO Investec A Global Bond Fund 29/06/2001 16/07/2001 $0.55
GHI Investec A Global High Inc. Bond 29/06/2001 16/07/2001 $0.48
Fund
GDB Investec A U.S. Dollar Bond Fund 29/06/2001 16/07/2001 $0.62
GEB Investec A European Bond Fund 29/06/2001 16/07/2001 EUR 0.49
GHK Investec A Hong Kong Equity Fund 29/06/2001 16/07/2001 $0.53
GBG Investec A Global Balanced Fund 29/06/2001 16/07/2001 $0.27
GMD Investec A Dollar Managed Fund 29/06/2001 16/07/2001 $0.23
GDH Investec A US Dollar High Income 29/06/2001 16/07/2001 $0.81
Bond Fund
GMC Investec C Managed Currency Fund 29/06/2001 16/07/2001 $0.26
GBO Investec C Global Bond Fund 29/06/2001 16/07/2001 $0.23
GHI Investec C Global High Inc. Bond 29/06/2001 16/07/2001 $0.45
Fund
GDB Investec C U.S. Dollar Bond Fund 29/06/2001 16/07/2001 $0.52
GBG Investec C Global Balanced Fund 29/06/2001 16/07/2001 $0.14
Revenue Account
for the period ended 30 June 2001
Period
ended U.S. Sterl- U.S.
30 June 2001 Dollar ing Euro Managed Dollar Ster-
2000 Total Money Money Money Curr- Money ling
US$000s Notes US$000s US$000s £000s EUR ency US$000s Man-
000s US$000s anaged
£000s
Revenue
7,846 Dividends
receivable 1(f),2(a) 8,155 - - - - - -
16,246 Income from
fixed
interest
securities 1(f),2(b) 15,380 - 25 - 256 7 544
6,677 Interest
receivable 1(f),2(c) 5,768 2,221 608 510 863 135 190
30,769 Total
revenue 29,303 2,221 633 510 1,121 142 734
Expenses
7,241 Management 6,831 206 57 54 149 17 78
fee
820 Custodian
fee 755 - - - 25 3 13
58 Directors'
fee 60 4 1 1 2 - 1
52 Auditors'
remuneration 38 2 1 1 1 - 1
985 Promotional
contribution 984 - - - 30 4 16
163 Safe custody
charges 124 1 - - 2 - 1
380 Registration
expenses 361 21 6 5 10 1 5
526 Administration,
legal and
other expenses 578 34 10 11 16 2 9
1 Guernsey exempt
company fees 1 - - - - - -
135 Interest payable 116 - - - - - -
10,361 9,848 268 75 72 235 27 124
20,408 Net revenue
(deficit)
before
equalisation 19,455 1,953 558 438 886 115 610
(1,573)Taxation (1,795) - - - - - -
Net
equalisation
received/(paid)
on applications
(717)and redemptions 3 299 11 380 91 (53) (25) (11)
18,118 Net revenue for
the financial
period 17,959 1,964 938 529 833 90 599
312 Retained revenue
brought forward 218 30 7 4 3 3 4
106 Transfer from
capital
reserves 6 - - - - - - -
18,536 Total
distributable
revenue 18,177 1,994 945 533 836 93 603
18,290 Dividends 17 17,884 1,982 943 527 831 91 570
$246 Retained
revenue
carried
forward $293 $12 £2 EUR 6 $5 $2 £33
Global U.S. Sterl- Euro-
High U.S. High ing pean
Global Income Dollar Income Sterl- High Euro- High Global Global American
Bond Bond Bond Bond ing Income pean In- Bal- Equity Equity
US$ US$ US$ US$ Bond Bond Bond come anced US$ US$
000s 000s 000s 000s £ 000s US$ EUR Bond US$ 000s 000s
000s 000s EUR 000s
000s
- - - - - - - - 144 1,019 138
1,591 2,962 1,603 424 3,403 445 1,492 796 387 - -
79 42 92 20 115 18 62 23 87 87 79
1,670 3,004 1,695 444 3,518 463 1,554 819 618 1,106 217
316 263 209 38 375 36 277 83 161 492 144
39 33 35 6 63 6 34 11 20 61 18
3 2 2 - 4 - 2 1 1 4 1
2 1 1 - 3 - 1 - 1 2 1
47 39 42 7 75 7 41 13 24 73 21
(1) (13) 5 1 4 1 (1) (9) 4 13 3
16 13 14 2 25 2 14 4 8 24 7
24 20 22 3 39 4 22 7 12 37 11
- - - - - - - - - - -
1 19 - - - - - 1 - - -
447 377 330 57 588 56 390 111 231 706 206
1,223 2,627 1,365 387 2,930 407 1,164 708 387 400 11
(34) (102) - (3) - (8) (67) (37) (37) (219) (43)
(71) (25) (23) 179 (262) 64 (46) 29 20 (1) -
1,118 2,500 1,342 563 2,668 463 1,051 700 370 180 (32)
14 17 1 - 49 2 19 5 3 - -
- - - - - - - - - - -
1,132 2,517 1,343 563 2,717 465 1,070 705 373 180 (32)
1,127 2,506 1,323 561 2,659 462 1,059 704 364 - -
$5 $11 $20 $2 £58 £3 EUR 11 EUR 1 $9 $180 $(32)
Revenue Account (continued)
for the period ended 30 June 2001
U.K. Asia Hong Euro-
Equity New Kong Japan Contin- pean
£000s Econo- Equity Equity ental Smaller
omy US$ US$ US$ US$
US$ 000s 000s 000s 000s
Notes 000s
Revenue
Dividends receivable 1(f).2(a) 736 395 251 155 1,747 157
Income from fiscal
interest securities 1(f).2(b) - - - - - -
Interest receivable 1(f).2(c) 17 16 2 2 146 11
Total revenue 753 411 253 157 1,893 168
Expenses
Management fee 261 173 93 193 821 89
Custodian fee 33 21 11 24 101 11
Directors' fee 2 1 1 2 7 1
Auditors' remuneration 1 1 1 4 -
Promotional contribution 39 25 14 29 121 13
Safe custody charges 2 17 3 3 23 3
Registration expenses 13 8 5 10 40 4
Administration, legal and other
expenses 20 13 7 15 64 7
Guernsey exempt company fee - - - - - -
Interest payable 3 - - - - -
374 259 134 277 1,182 128
Net revenue (deficit) before
equalisation 379 152 119 (120) 711 40
Taxation - (56) (4) (31) (475) (38)
Net equalisation
received/(paid)
on applications
and redemptions 3 (9) (2) 2 - 8 -
Net revenue for the
financial period 370 94 117 (151) 244 2
Retained revenue brought
forward 10 - - - - -
Transfer from capital
reserves 6 - - - - - -
Total distributable
revenue 380 94 117 (151) 244 2
Dividends 17 376 - 115 - - -
Retained revenue carried
forward £4 $94 $2 $(151) $244 $2
Global Wired
Emerging Global Global Global Index
Markets Energy Gold Privat- Fund
US$000s US$000s U$000s isation US$000s
Notes US$000s
Revenue
Dividends receivable 1(f).2(a) 93 101 17 1,983 919
Income from fiscal
interest securities 1(f).2(b) - - -
Interest receivable 1(f).2(c) 7 5 5 27 6
Total revenue 100 106 22 2,010 925
Expenses
Management fee 41 41 10 739 1,153
Custodian fee 5 5 1 74 62
Directors' fee - - - 5 10
Auditors' remuneration - - - 3 6
Promotional contribution 6 6 1 88 155
Safe custody charges 4 1 - 29 22
Registration expenses 2 2 29 52
Administration, legal and other
expenses 3 3 1 45 93
Guernsey exempt company fee - - - - -
Interest payable - 1 - - 88
61 59 13 1,012 1,641
Net revenue (deficit) before
equalisation 39 47 9 998 (716)
Taxation (10) (25) (2) (404) (213)
Net equalisation
received/(paid)
on applications
and redemptions 3 (1) 2 3 (17) -
Net revenue for the
financial period 28 24 10 577 (929)
Retained revenue brought
forward - - - - -
Transfer from capital
reserves 6 - - - - -
-
Total distributable
revenue 28 24 10 577 (929)
Dividends 17 - - - - -
Retained revenue carried
forward $28 $24 $10 $577 $(929)