The Fund aims to offer investors an ethical investment that provides steady, long-term capital growth, as well as a moderate level of income via a portfolio that diversifies across asset classes and regional exposure. The Shariah Supervisory Board oversees adherence to the applicable Shariah principles. This fund specifically adheres to the standards of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) as interpreted by the Shariah Supervisory Board.
Old Mutual Albaraka Balanced A
Latest Price NAV
USD
0.20
as of
13/Sep/23
Objective
Key Facts
Launch Date :
12/Nov/10
Asset Type :
Mixed AssetsBase Currency :
South African RandTotal Net Asset (USD M) :
241.99
Benchmark :
Index is not available on Lipper Database
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
1.48
Geographical Focus :
South Africa
Shariah Compliant
Shariah
Performance
3 Yrs Performance
6.17
5 Yrs Performance
1.03
10 Yrs Performance
0.72
Top Holdings
1.
OLD MUTUAL GLOBAL ISLAMIC EQUITY A HYBRID
19.51
%
2.
OLD MUTUAL ALBARAKA INCOME FUND B0
17.05
%
3.
MONEY MARKET INSTRUMENT GENERAL SECURITY
16.28
%
4.
PROSUS NV ORD
4.53
%
5.
ZAR CASH
4.4
%
6.
MTN GROUP LTD ORD
2.75
%
7.
RICHEMONT GDR
1.81
%
8.
GOLD FIELDS LTD ORD
1.67
%
9.
ANGLO AMERICAN PLC ORD
1.65
%
10.
METAIR INVESTMENTS LTD ORD
1.56
%
Portfolio Composition
1.
SOUTH AFRICA
27.12
%
2.
NETHERLANDS
4.53
%
3.
GERMANY
4.1
%
4.
UNITED KINGDOM
3.03
%
5.
AUSTRALIA
2.67
%
6.
UNITED STATES
2.45
%
7.
SWITZERLAND
1.81
%
8.
CYPRUS
0.17
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.44
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Old Mutual Unit Tst Mgrs
Website :
www.oldmutual.co.za/