Ninety One Global Natural Resources Fund SGD-Hedged(LU0638888429)
- Equities
- Commodities
- Global
- SGD Cash
- Accumulating
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-th...
Provides clients with exposure to natural resource companies that offer a degree of inflation protection while providing exposure to energy transition themes.
Managed by 3 co-PMs who are specialists in their respective sub sectors with Tom Nelson specialising in Energy, George Cheveley in Metals and Minings and Dawid Heyl in Agriculture.Operate a team-based approach with all members of the investment team having input into portfolio construction through their sector responsibilities. The team is supported by the 9 equity research analysts from the Multi-Asset equity research team.
Have outperformed the benchmark and peers consistently since inception with strong risk-adjusted returns and a lower correlation with equities and fixed income.
Combines both top-down and bottom-up approaches as they apply macro inputs to identify the conviction level for each commodity and the respective sub sector. The team then applies fundamental analysis to identify suitable companies.Portfolio is constructed from the best bottom up ideas with a focus on strong cash flow and stable companies. Positions are weighted according to a company’s contribution to portfolio risk and model upside/ conviction.
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
Investors looking for an investment in the natural resources equity sector to benefit from future resource price increases can consider an investment in the Fund.The Fund’s inflation-hedging characteristics and differentiated investment approach should also appeal to investors who are seeking shelter from rising prices but are uncomfortable with having too much energy exposure.At the same time, due to the nature of the natural resources industry, investors should be mindful that the Fund can experience periods of heightened volatility and steep drawdowns.Therefore, investors should be aware of the Fund’s risk profile when considering an allocation.Updated as of 2022/10/31
Daily data. Returns as of 09 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 13.1% | 8.9% | -2.4% | -0.8% | -3.6% | -9.8% | 8.1% | 8.8% | - | - | - | - |
| 2025 | 39.3% | 5.6% | -0.4% | 3.9% | -3.9% | 4.3% | 4.2% | -1.7% | 5.9% | 7.8% | -0.5% | 5.5% | 3.7% |
| 2024 | -5.9% | -4.5% | -2.6% | 10.7% | 1.8% | 2.5% | -5.4% | 1.2% | -0.7% | 3.5% | -3.1% | 1.2% | -9.3% |
| 2023 | 3.7% | 6.9% | -5.3% | -0.6% | 0.5% | -11.0% | 6.2% | 6.2% | -3.6% | 0.6% | -4.2% | 3.9% | 5.8% |
| 2022 | 19.5% | 3.7% | 7.7% | 9.7% | -3.3% | 4.7% | -16.9% | 5.6% | 1.1% | -9.3% | 12.1% | 9.9% | -2.8% |
| Load more | 5 of 16 | ||||||||||||
| Chevron Corp | 8.28% |
| Glencore PLC | 5.28% |
| Nutrien Ltd | 5.23% |
| ExxonMobil Holdings Corp | 4.78% |
| Corteva Inc | 4.40% |
| ConocoPhillips | 4.05% |
| China Hongqiao Group Ltd | 3.67% |
| TotalEnergies SE | 3.63% |
| Williams Companies Inc | 3.18% |
| Valero Energy Corp | 2.93% |
| CF Industries Holdings Inc | 2.70% |
| SLB Ltd | 2.56% |
| Yara International ASA | 2.41% |
| Cheniere Energy Inc | 2.27% |
| Barrick Mining Corp | 2.09% |
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