The Fund seeks to maximise total return for investors. In order to achieve the portfolios investment objectives; the investments to be included in the Fund will; apart from assets in liquid form and exchange rate swaps (structured in a Shariah compliant manner) that may be allowed by the Act from time to time; consist solely of participatory interests in the Old Mutual Global Islamic Equity Fund; a subfund of the Russell Investment Company Public Limited Company. The Fund may gain exposure to listed and unlisted financial instruments for purposes of hedging exchange rate risk or as legislation may permit from time to time; structured in a Shariah compliant manner.
Old Mutual Global Islamic Equity Feeder Fund A
Latest Price NAV
USD
0.14
as of
13/Sep/23
Objective
Key Facts
Launch Date :
31/Aug/22
Asset Type :
EquityBase Currency :
South African RandTotal Net Asset (USD M) :
1.68
Benchmark :
Index is not available on Lipper Database
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
1.78
Geographical Focus :
Global
Shariah Compliant
Shariah
Performance
3 Yrs Performance
N.A
5 Yrs Performance
N.A
10 Yrs Performance
N.A
Top Holdings
1.
OLD MUTUAL GLOBAL ISLAMIC EQUITY A ACCUMULATION
96.37
%
2.
ZAR CASH
3.63
%
Portfolio Composition
1.
UNITED STATES
65.01
%
2.
DENMARK
5.64
%
3.
CANADA
5.39
%
4.
JAPAN
4.33
%
5.
SOUTH AFRICA
3.63
%
6.
AUSTRALIA
2.35
%
7.
UNITED KINGDOM
2.28
%
8.
SWITZERLAND
2.13
%
9.
CHINA
1.6
%
10.
GERMANY
1.55
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.8
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
3.45
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/