Profile's FundsDataOnline
Google
 
Quick Fund Switch
E-mail     Print
Old Mutual Gold Fund Summary Fact Sheet
Worldwide--Equity--Unclassified
 
Technical Overview
Formation Date: 5 Feb 1990
Holdings: 10
Original Price: 242.19
Pricing System: Forward
 
Price (R - Class)
 
Management
Meryl Pick, BScEng (Chem), MBA
Meryl joined Old Mutual Equities in 2012. She is responsible for analysing gold miners, the retail sector and various industrial shares. Her background enables her to look at companies with an insiderís perspective while
bringing her analytical skills to the fore. Having graduated as a chemical engineer, Meryl initially joined Unilever where she worked for five years. Thereafter, she joined ABSA where she spent two years before joining Old Mutual Equities. Meryl has three years of work experience in the asset management industry.
 
Ranking
Sector: Worldwide-Equity-Unclassified
Fund Size: R369 440 271 (as at 30 Jun 2017)
Sector Rank: 1 out of 1
(lump sum over 1 years to 31 Aug 2017)
Overall Rank: 1173 out of 1173
(lump sum over 1 years to 31 Aug 2017)
R1000 invested on 31 Aug 2016 was worth R639.67 on 31 Aug 2017 (-36.03% annual compound return)
R100 per month since 31 Aug 2016 was worth R1 117.41 on 31 Aug 2017 (-13.23% 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 the investor superior returns over the medium to longer term. It invests in gold and gold-related shares showing above average prospects for growth. Up to 20% of the portfolio may be invested offshore. The fund aims to achieve its performance objectives through well-researched and superior share selection.

The fund is for investors who are bullish on gold, and who are wishing to invest a portion of their total portfolio in this higher risk sector of the market.

This is an aggressive risk fund (risk rating 5). With its exclusive exposure to the gold sector, it may be more volatile than a fully diversified general equity fund. Adding to the fund's higher risk profile are the different limits that apply to the portfolio composition, and exposure to a single security may be higher. The fund is exposed to share price movements, which are affected by the performance of individual companies, general market conditions as well as political and economic changes. Risk is minimised through a diversified portfolio of shares. Poor performance of one share may be offset by stronger performance of other shares.
 
Latest Fund Manager Comment / News
Old Mutual Gold comment - Jun 17
The gold price ended the quarter at US$1 242 per ounce, having declined only 0.6% since  ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 30 Jun 2017
Share No Units Value (Rm) % of Fund
ANGGOLD 1 085 398 138.93 37.61%
GFIELDS 830 906 37.33 10.11%
SIBANYE 2 149 227 32.35 8.76%
HARMONY 866 709 18.79 5.09%
IMPLATS 422 896 15.58 4.22%
Totals   242.98 65.77%
 
Comparative Performance
 
Portfolio Structure as at 30 Jun 2017
Click here for complete portfolio for this fund.
 
Dividend Data
Click here for Dividend History for this fund.
 
Fees and Charges
Click here for fees and charges for this fund.
 
Sectoral Information
Click here for Sectoral Information for this fund.
 


Follow us on:


Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: ShareData Online (stock market data) | Profile's Financial Markets | Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  Site Map |  Powered by ProfileData |  © Copyright Reserved 2017  ]
   Disclaimer: Profile Media (Pty) Ltd has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. © Copyright Reserved 2017