NAV on 2019/09/16
|NAV on 2019/09/13
|52 week high on 2018/10/09
|52 week low on 2019/01/04
|Total Expense Ratio on 2019/03/31
|Total Expense Ratio (performance fee) on 2019/03/31
Old Mutual Unit Trust Managers (RF) (Pty) Ltd.
FTSE RAFI® All World 3000 Net Total Return Index
- 8 years industry experience
- 6 years of industry experience
OM Global FTSE RAFI All World Index Fder - Jun 19
The fund tracks the FTSE RAFI® All World 3000 Index and aims to replicate the return of the underlying index.
The FTSE RAFI® All World 3000 Index offers exposure to both developed and emerging markets globally by selecting and weighting the largest 3 000 companies according to their fundamentals of dividends, cash flows, sales and book value, as opposed to market capitalisation.
The FTSE RAFI® All World 3000 Index returned 2.59% for the quarter to June 2019, while the MSCI All Country World Index returned 3.61%.
Over the last 12 months the FTSE RAFI® All World 3000 Index returned 1.90%. RAFI® has a fundamental price indifferent, contra-trading approach which looks to overweight undervalued stocks and underweight overvalued stocks.
The FTSE RAFI® All World 3000 Index has an underweight exposure to the information technology, healthcare, communication services, consumer discretionary, consumer staples, and real estate sectors and an overweight exposure to the industrial, utilities, materials, energy and financial sectors compared to the MSCI ACWI Index.
The fund aims to provide long-term capital growth by gaining exposure to the FTSE RAFI® All World 3000 Index. This RAFI® Index comprises listed companies rated according to four financial factors: cash flow, sales and dividends (averaged over 5 years) as well as book value at review date.
This fund suits investors with a longer term investment horizon who primarily seek capital growth through exposure to the developed and emerging market equities that make up the FTSE RAFI® All World 3000 Index. These investors do not require income from this investment, and can tolerate stock market and currency volatility.
Apart from assets in liquid form, the fund holds participatory interests in only one collective investment scheme, namely the RIC-Old Mutual FTSE RAFI® All World Index Fund, which aims to replicate the performance of the FTSE RAFI® All World 3000 Index. The RICOld Mutual FTSE RAFI® All World Index Fund holds predominantly equity, but may also hold non-equity securities. Derivatives can be used to enable the portfolio to more effectively track the index.