Funds A-Z

Old Mutual Global Equity Fund (A)

Old Mutual Global Equity Fund (A)
Global--Equity--General
Fund Code: OMGA
Inception Date: 02 June 2000
Regulation 28 Compliant: No

Pricing and Rank Information
Latest price 07 July 2020 R 36.06
12 month sector rank49 / 73
12 month overall rank139 / 1315
12 month volatility15.58
Performance as at 07 July 2020 1
InvestedPriceIncomeTotal
3 months 12.27% 0.00% 12.27%
6 months 13.03% 0.00% 13.03%
1 year 19.74% 0.00% 19.74%
3 years 44.52% 0.00% 44.52%
5 years 80.40% 0.12% 80.52%
Fund fee and expense information
Fees
Management company annual fee2 2.01%
Negotiated management company rebate 0.29%
Expenses
Fund TER as at 31 March 2020 2.09%
Less management company rebate 0.29%
Total Fund Expense 1.80%
Assets under management
Latest total assetsR 17,244.76m
Assets as at 31 March 2020 R 15,486.30m
Previous quarterR 16,197.65m
MoveR -711.35m
Income declaration and payment
Declaration30 June 2020
PaymentR 0.00

Fees include VAT

  1. Price performances are based on historical price data, using a NAV price by NAV price comparison and exclude management company initial fees. Income performances are based on interest and dividend distributions of the fund.
  2. Management company annual fees are included into price and distributions paid.


Price History

Asset Allocation as at 31 March 2020
Domestic Bonds R 0.00m (0%)  
Foreign Bonds R 0.00m (0%)
Domestic Cash R 295.79m (1.91%)  
Foreign Cash R 190.48m (1.23%)
Domestic Equity R 0.00m (0%)  
Foreign Equity R 15000.03m (96.86%)
Domestic Property R 0.00m (0%)  
Foreign Property R 0.00m (0%)

Top Holdings Top Holdings Top Holdings
As at end March 2020 As at end December 2019 As at end September 2019
HOLDING % OF FUND HOLDING % OF FUND HOLDING % OF FUND
Foreign - Equities 54.47% Foreign - Equities 55.15% Foreign - Equities 57.21%
Microsoft Corporation 3.82% Apple Computer Company 2.80% Apple Computer Company 2.10%
Apple Computer Company 3.25% Cash on call 2.69% Microsoft Corporation 2.08%
Cash on call 1.92% Microsoft Corporation 2.03% Amazon.Com 1.61%
Amazon.Com 1.68% Facebook Incorporation 1.31% Cash on call 1.51%
Procter & Gamble Company 1.43% Amazon.Com 1.19% Foreign - Currency 1.43%
Visa Inc 1.32% Merck & Company 1.01% Facebook Incorporation 1.21%
Verizon Commmunications 1.24% Visa Inc 1.01% Visa Inc 1.06%
Foreign - Currency 1.23% Roche Holding AG 1.00% Cisco Systems Incorporated 0.98%
Roche Holding AG 1.18% Novartis AG 0.97% Novartis AG 0.92%
Total 71.54% Total 69.16% Total 70.11%

Fund Manager(s)

Ian Heslop

Amadeo Alentorn

Mike Servent

Fund Overview
Objective
The fund aims to offer superior returns over the medium to longer term by investing in shares from developed countries around the world. This fund is suited to investors wanting to diversify their portfolios by adding an international equity component or investors who are taking a specifi c view on the performance of global equity relative to other asset classes. The fund has a broad-based exposure to quality shares from developed countries across the globe. The fund is managed by Merian Global Investors, who aims to maximise returns by managing country and sector exposure. This fund remains as fully invested in foreign equities as possible, given regulatory constraints. The fund aims to offer exposure to a specifi c asset class. It therefore holds a higher allocation to international assets and equities than what is allowed in terms of Regulation 28 of the Pension Funds Act. This fund is therefore not Regulation 28 compliant.
Benchmark
MSCI World index