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Old Mutual Mining and Resources Fund Summary Fact Sheet
South African--Equity--Resource
Technical Overview
Formation Date: 1 Jul 1987
Holdings: 16
Original Price: 248.7
Pricing System: Forward
Price (R - Class)
Ian Woodley, B Eng (Hons in Mining Engineering), MBA, CFA Charterholder
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.
Sector: South African-Equity-Resource
Fund Size: R1 142 191 325 (as at 30 Sep 2019)
Sector Rank: 5 out of 8
(lump sum over 1 years to 31 Dec 2019)
Overall Rank: 18 out of 1270
(lump sum over 1 years to 31 Dec 2019)
R1000 invested on 31 Dec 2018 was worth R1 298.68 on 31 Dec 2019 (29.87% annual compound return)
R100 per month since 31 Dec 2018 was worth R1 417.64 on 31 Dec 2019 (30.46% annual return compounded monthly)
Please note that domestic fund performance figures are calculated on a NAV-NAV basis including dividends reinvested on the reinvestment date, ETFs are reinvested on the ex-div date.
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.
Latest Fund Manager Comment / News
Old Mutual Mining & Resources comment - Sep 19
With the overall economic outlook continuing to be uncertain, the precious metal sections  ...more
News Archive
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Top Holdings on 30 Sep 2019
Share No Units Value (Rm) % of Fund
BHP 480 977 155.35 13.60%
ANGLO 406 958 142.52 12.48%
IMPLATS 1 429 659 135.99 11.91%
NORTHAM 1 459 406 123.70 10.83%
SASOL 299 208 77.03 6.74%
Totals   634.59 55.56%
Comparative Performance
Portfolio Structure as at 30 Sep 2019
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Dividend Data
Click here for Dividend History for this fund.
Fees and Charges
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Sectoral Information
Click here for Sectoral Information for this fund.

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