Download OLD MUTUAL FIXED INTEREST TRACKER LIFE FUND

JUNE 2017
OLD MUTUAL FIXED INTEREST TRACKER LIFE FUND
FUND INFORMATION
PRODUCT AVAILABILITY
RISK PROFILE
Investment Plan (LIFE)
Low to
Moderate
Moderate
Moderate to
High
High
3 years+
5 years+
WHO IS THIS FUND FOR?
This fund is suited to investors who want their investments to achieve returns
close to the BEASSA GOVI Index. The investor understands the impact of the
interest rate cycle and accepts this risk in exchange for moderate long-term
growth potential.
INVESTMENT MANDATE
The fund tracks 95% of the BEASSA GOVI Index and 5% of the STeFI Index.
The BEASSA GOVI Index contains the top 10 government bonds within the
All Bond Index. The STeFI (Short Term Fixed Interest Index) consists of short-term
fixed interest instruments.
13/05/2013
SIZE OF FUND:
R1.9bn
ASSET & PERCENTAGE ALLOCATION
12+ Year Bonds
3-7 Year Bonds
58.6%
22.0%
% OF FUND
R186 10.5% 21/12/2026
R2048 8.75% 28/02/2048
R2030 8.00% 31/01/2030
R2037 8.50% 31/01/2037
R213 7.00% 28/02/2031
R2044 8.75% 31/01/2044
R209 6.25% 31/03/2036
R2023 7.75% 28/02/2023
R207 7.25% 15/01/2020
R208 6.75% 31/03/2021
22.0
13.9
10.0
9.9
9.3
8.3
7.1
7.1
6.2
6.0
* Holdings of the BEASSA GOVI Index
3-Yr
5-Yr
7-Yr
10-Yr
Since
Inception
Private
Investor
1.1%
2.9%
5.5%
4.9%
-
-
-
3.2%
Benchmark
1.6%
4.2%
8.0%
7.1%
6.5%
8.2%
8.2%
4.9%
* Inception: 30 April 2014
Fund returns are net of fees and tax.
Performance measurements over periods shorter than the recommended investment term may not be appropriate.
Past performance is no indication of future performance.
Sources: Old Mutual & Morningstar as at 30/06/2017
Fund (Since Inception)
Highest
Average
Lowest
Rolling 12-Month Return
13.1%
4.9%
-3.6%
Performance Since Inception
Fund
Benchmark
SA Inflation
125
120
115
110
105
100
95
Feb 14
Dec 14
Oct 15
Aug 16
Jun 17
Risk Statistics (Since Inception)
Maximum Drawdown
-8.2%
Months to Recover
36
% Positive Months
60.0%
Annual Standard Deviation
5.9%
3-Year Annualised Rolling Returns (Fund vs Benchmark)
9%
8%
Fund
Benchmark
7%
6%
5%
2%
1%
There is no initial administration charge on the fund.
0%
Apr 16
ONGOING
0.20%
Jun 16
Aug 16
Oct 16
Dec 16
Feb 17
Apr 17
Jun 17
Funds are available via:
XtraMAX Investments
Total Expenses
Total Investment Charge
1-Yr
3%
INITIAL CHARGES:
Transaction Cost (TC)
3-Mth 6-Mth
% PERF. (P.A.)
4%
OTHER INVESTMENT CONSIDERATIONS
Total Expense Ratio (TER)
% PERF.
Past performance is no indication of future performance. Fund returns are net of fees.
UNDERLYING INDEX HOLDINGS as at 30/06/2017
Annual service fees
FUND PERFORMANCE as at 30/06/2017
90
Apr 13
19.4%
HOLDING
Retirement Annuity
130
UNDERLYING INDEX COMPOSITION*
as at 30/06/2017
7-12 Year Bonds
•
Living Annuity
FUND OBJECTIVE
The fund aims to offer a combination of capital growth and high income yields
by tracking the BEASSA GOVI Index (Total Return) and the STeFI Index. This
fund may only be accessed through a life policy.
LAUNCH DATE:
XtraMAX
Preservation Fund
RECOMMENDED MINIMUM INVESTMENT TERM
1 year+
Max
Investment Plan (LISP)
Indexed to 100 on 30 Apr 2013
Low
Old Mutual Wealth
0.20%
0.20%
TER is a historic measure of the impact the deduction of management and operating costs has on a
fund’s value. A higher TER does not necessarily imply a poor return, nor does a low TER imply a good
return. The current TER, which includes the annual service fee, may not necessarily be an accurate
indication of future TERs. Transaction Cost (TC) is a necessary cost in administering the fund and
impacts fund returns. It should not be considered in isolation as returns may be impacted by many other
factors over time including market returns, the type of fund, the investment decisions of the investment
manager and the TER.
Tel +27 (0)860 605 500
Fax +27 (0)860 60 7500 / 9500
Email [email protected]
Internet www.oldmutual.co.za/personal/investments-and-savings/max-investments
Old Mutual is a Licensed Financial Services Provider. The information and opinions contained in this guide are made in good faith and are based on sources believed to be reliable, but no representation or warranty, express
or implied, is made as to their accuracy, completeness or correctness. The opinions expressed herein are not intended to serve as authoritative investment advice and should not be used in substitution for the exercise of own
judgement. The price of shares/units and any income from them may fall as well as rise. When a subscription involves a foreign exchange transaction, it may be subject to the fluctuations of currency values. Exchange rates
may also cause the value of underlying overseas investments to go down or up. It should be noted that investments within the fund may not be readily marketable. It may therefore be difficult for an investor to withdraw from
the fund or to obtain reliable information about its value and the extent of the risks to which it is exposed.