Foord Balanced Fund

18 December 2017

General Information

Status Open
Fund category: Unit Trust
Management company: Foord Unit Trusts Limited
Asset Manager(s): - Dave Foord
- Daryll Owen
- Dane Schrauwen
Sector South African--Multi Asset--High Equity
Benchmark Market value weighted average return of the South African - Multi Asset - High Equity unit trust sector, excl Foord Balanced Fund
Launch Date 31 August 2002
Fund Value ZAR 44,855,991,678.00 as at 30 Sep 2017
Risk Rating
Low Risk  High Risk
Performance Target N/A
Status is provided by the management company. This does not provide an indication of the availability of the fund within an Old Mutual product and may differ from the status of the fund within a product. The displayed risk rating may differ from the risk rating provided by the management company, where deemed appropriate.


Fund Description

The steady growth of income and capital as well as the preservation of real capital (capital as adjusted for inflation), all while exceeding the average return of the South African - Multi Asset - High Equity unit trust sector, excluding Foord Balanced Fund. The portfolio complies with the statutory investment limits set for retirement funds in South Africa.


Prices

Latest NAV/Sell Price: ZAR 5,529.63 15 Dec 2017
Highest NAV/Sell Price: ZAR 5,842.44 13 Nov 2017

Prices are those of the class available to the public through an Old Mutual product.


Price Performance


Daily Performance Figures as at 15 December 2017


Fund:
Sector:
1 Year 3 Years 5 Years
7.48%
9.53%
6.00%
6.72%
9.39%
9.12%
Fund performance results are calculated on the NAV-to-NAV fund performance of the oldest class, net of asset management fees. Figures are calculated on a lump sum basis in the currency of the fund and are annualised. Sector performance results include reinvested income and are gross of any deductions.


Asset Management Fees

Initial Fee: N/A
Annual Fee: 1.14%
Performance Fee: 0.10 - uncapped
Total Expense Ratio: 2.83
Fees are those of the class available to the public through an Old Mutual product and include VAT. Fees are those levied when investing in the fund through an Old Mutual product and are separate from product administration charges and adviser fees. For feeder funds and funds of funds, the total annual asset management fee does not include the fees in respect of underlying unit trust charges. The annual underlying unit trust charges generally vary between 0.46% and 1.14% including VAT, depending on the fund(s) chosen.


Asset Split as at 30 September 2017

Holding Name Percentage
Foreign Bonds
0.43%
Foreign Cash
5.57%
Foreign Equities
21.85%
Foreign Property
0.34%
Local Bonds
14.94%
Local Cash
11.22%
Local Equities
41.91%
Local Property
3.74%

Top Holdings (out of 47) as at 30 September 2017

Holding Name Sector Percentage
FOREIGNDIRFCE Foreign Invest 28.19%
CONSUMERGDS Beverages 14.78%
GOVTISSUPAPER Cash on call 13.21%
FINANCEINSTIT Cash on call 10.20%
BASICMATERIAL Forestry & Paper 8.60%
ADDITIONAL Additional 5.65%
FINANCIALS General Financial 5.14%
CONSUMERSRVS Food & Drug Retailers 4.86%
HEALTHCARE Health Care Equipment & Services 3.82%
DOMESTICFUNDR Real Estate 3.74%

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