Old Mutual Global Bond Feeder Fund
MANAGEMENT Fund Manager's Comment
Urvesh Desai, BSc (Hons), FIA
Urvesh is a portfolio manager and strategist at MacroSolutions, with his primary focus being the Global capabilities and the Conservative Balanced Fund capabilities. In addition, he contributes to MacroSolutions overall investment strategy. Urvesh has been with MacroSolutions since the inception of the boutique. He previously jointly managed the Namibian multi-asset class portfolios. Prior to joining Old Mutual Investment Group, Urvesh performed various actuarial functions within Old Mutual Life Assurance Company of South Africa.
FUND OBJECTIVES AND FOCUS

The fund holds a portfolio of interest-bearing investments selected from bond markets across the world. This fund invests at least 80% of its assets (subject to regulatory and other forex constraints) in the Old Mutual Global Aggregate Bond Fund. A maximum of 20% is invested locally in the Old Mutual Money Market Fund. This fund is suited to astute investors who have a particular view on the performance of global bonds relative to other asset classes. The investor understands the impact of currency and interest rate cycles and accepts this risk in exchange for moderate long-term growth potential. This is a moderately conservative risk fund (risk rating 2). It is exposed to interest rate fluctuations. When rates fall/rise, the bonds held by the fund will increase/decrease in value. Long term bonds are more sensitive to rate changes, while short term bonds experience more modest price movements. The holding of long and short dated stock in the fund is used to reduce these risks. Your investment is exposed to fluctuations in the value of the rand versus other currencies. This can add to or diminish growth that local investors receive.


Click here to Download CSV
WEBGRAPH
RANKING
SectorGlobal-Interest Bearing-Variable Term
SizeR67,412,257
Sector Rank: 2 out of 4
(lump sum over 3 years to 31 July 2017)
Overall Rank: 379 out of 818
(lump sum over 3 years to 31 July 2017)
R1000 invested on 31 July 2014 was worth R 1207 at 31 July 2017
( 6.48% annual compound return)
R100 per month since 31 July 2014 was worth R 3738 at 31 July 2017
( 2.43% annual return compounded monthly)
TECHNICAL OVERVIEW
Formation Date:01 APR 2000 Holdings:1
Original Price:200 Pricing:Forward
Top Holdings on 31 July 2017
Share (Sector)No.Value% of Fund
RICOMAGGREGAT (Bonds)065,644,441 97.38 %
CASH (Cash on call)01,767,816 2.62 %
TOTAL R67,412,257100%

Send e-mail to
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.