|Old Mutual Investors Fund|
|MANAGEMENT|| Fund Manager's Comment|
|Siboniso Nxumalo, BCom (Hons), MBA (UCT), Portfolio Manager|
|- 12 years of investment experience|
|Meryl Pick, BScEng (Chem), MBA, Portfolio Manager|
|Meryl joined Old Mutual Investment Group in February 2012 and is responsible for coverage of gold, packaging manufacturers, heavy equipment distributors and logistics companies. She is also the portfolio manager of the Old Mutual Gold Fund.
Prior to joining, she was a Business Efficiency Manager at ABSA for two years. Prior to this she held various positions within Unilever, including Process Engineering Manager. Meryl has four years of work experience in the asset management industry.|
|FUND OBJECTIVES AND FOCUS|
The fund aims to offer superior returns over the medium to longer term through investing in a broad spectrum of local instruments.
This fund is suited to investors seeking long-term capital growth through a broadly diversified portfolio of shares. The investor can tolerate stock market volatility.
It invests in shares across all sectors of the stock market, focusing predominantly on the Top 100 blue-chip shares. The fund aims to achieve its performance objectives through well-researched and superior share selection. Derivatives may be used for efficient portfolio management purposes.
The fund aims to achieve long-term inflation-beating growth, and therefore may hold a higher allocation to equities than what is allowed in terms of Regulation 28 of the Pension Funds Act. This fund is therefore not Regulation 28 compliant.
|Sector Rank: 105 out of 137 |
(lump sum over 3 years to 31 July 2017)
|Overall Rank: 938 out of 1038 |
(lump sum over 3 years to 31 July 2019)
|R1000 invested on 31 July 2016 was worth R 982 at 31 July 2019|
( -0.61% annual compound return)
|R100 per month since 31 July 2016 was worth R 3542 at 31 July 2019|
( -1.06% annual return compounded monthly)
|Formation Date:||01 OCT 1966
|Top Holdings on 31 July 2019|
|Share (Sector)||No.||Value||% of Fund|
|ANGLO (Mining)||2,062,160||826,575,593|| 6.24 %|
|BATS (Tobacco)||2,124,975||1,056,537,570|| 7.97 %|
|ITLTILE (General Retailers)||26,631,429||394,145,149|| 2.97 %|
|DERIVATIV (Derivatives)||0||159,612,224|| 1.20 %|
|NEDBANK (Banks)||2,978,832||754,508,357|| 5.69 %|
|NETCARE (Health Care Equipment - Services)||668,452||11,971,975|| 0.09 %|
|REMGRO (General Industrials)||1,904,814||357,971,695|| 2.70 %|
|CASH (Cash on call)||0||550,958,071|| 4.16 %|
|NASPERS-N (Software - Computer Services)||389,308||1,325,706,639|| 10.00 %|
|VODACOM (Mobile Telecommunications)||2,712,193||325,897,111|| 2.46 %|
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.