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-59.7  /  -0.73%

8230.55

NAV on 2019/09/19
NAV on 2019/09/18 8290.25
52 week high on 2019/04/08 8981.39
52 week low on 2018/11/27 7165.73
Total Expense Ratio on 2019/06/30 1.17
Total Expense Ratio (performance fee) on 2019/06/30 0
NAV Incl Dividends
1 month change 7.39% 7.39%
3 month change -3.02% -1.16%
6 month change -4.51% -2.68%
1 year change -1.02% 2.44%
5 year change 2.38% 5%
10 year change 3.01% 4.78%
Price data is updated once a day.
  • Sectoral allocations
Basic Materials 992.91 80.28%
Industrials 8.81 0.71%
Liquid Assets 67.64 5.47%
Offshore 167.52 13.54%
  • Top five holdings
 BHP 187.32 15.14%
 ANGLO 177.41 14.34%
 SASOL 119.83 9.69%
 GLENCORE 82.80 6.69%
 IMPLATS 77.29 6.25%
  • Performance against peers
  • Fund data  
Management company:
Old Mutual Unit Trust Managers (RF) (Pty) Ltd.
Formation date:
1987/07/01
ISIN code:
ZAE000020848
Short name:
U-OMMF
Risk:
Unknown
Sector:
South African--Equity--Resource
Benchmark:
ASISA Category Average
Contact details

Email
unittrusts@oldmutual.com

Website
http://www.omut.co.za

Telephone
021-503-7100

  • Fund management  
Ian Woodley
Ian joined Old Mutual Investment Group South Africa (OMIGSA) in April 2011. He is responsible for the diversified mining companies and non-mining companies such as steel, forestry and paper.
He also manages the Mining and Resources and Gold Unit Trust Funds.
As a qualified engineer, he started his career on the mines, before becoming a mining analyst. After that he moved to Stanlib (then Liberty), where he headed up their mining research and managed a number of retail and institutional mining and equity funds for over 11 years.
Apart from managing resources funds, his later roles at Stanlib included Member of Exco, Head of Equities, Head of Research, Pension Fund Manager, and General Equity Fund Manager. Most recently, Ian was head of Stanlib's Specialist Equity franchise, responsible for R10.7 billion in assets under management.


  • Fund manager's comment

2019/08/26 00:00:00
The fund aims to offer superior returns over the medium to longer term by investing in mining and resources companies showing above average prospects for long-term capital growth.
  • Fund focus and objective  
The fund aims to offer superior returns over the medium to longer term by investing in mining and resources companies showing above average prospects for long-term capital growth.
This fund is suitable for investors seeking long-term capital growth through investment in a focused portfolio of listed mining and resources companies. The investor can tolerate stock market and sector volatility.
The fund invests in mining and resources companies showing above average prospects for growth and may gain exposure to foreign assets up to a maximum of 30% of its portfolio (with an additional 10% for African ex-SA investments). 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 may hold a higher allocation to equities and a greater exposure to a single equity than what is allowed in terms of Regulation 28 of the Pension Funds Act. This fund is therefore not Regulation 28 compliant.
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