Old Mutual Namibia Dynamic Floor Fund () - OMND - Click a Unit Trust

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-0.52 / -0.16%

3.1850

NAV (ZAR) on 2024/11/14

NAV (ZAR) on 2024/11/13	3.1902
52 week high on 2024/10/24	3.2067
52 week low on 2024/03/19	2.9342
Total Expense Ratio on 2021/06/30	1.67
Total Expense Ratio (performance fee) on 2021/06/30	0

	NAV	Incl Dividends
1 month change	0.52%	0.52%
3 month change	4.09%	4.09%
6 month change	4.16%	6.66%
1 year change	7.95%	13.34%
5 year change	-0.41%	3.71%
10 year change	-0.54%	3.24%
Price data is updated once a day. Unit trust and ETF performances for periods greater than 12 months are annualised.

COMPARE INSTRUMENTS

Here is a list of JSE shares held in this Unit Trust. These tables reflect changes in holdings over two quarters, but do not show where a fund has completely sold a holding during the latest quarter.

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The fund strives for long term capital growth as well as some level of capital protection, aiming to protect at least 90% of the net investment over a 12-month period. Through the use of a quantitative risk model, the fund aims to profit from a rising share market and protect against capital losses in a weak market. The fund invests across Namibian and South African shares, bonds and cash - moving from shares into fixed interest investments when the fund's value drops below a predetermined 'floor'. When markets start to move up, the fund increases its holdings in shares, tapping into these growth opportunities. The fund conforms to legislation governing retirement funds.
The fund is ideally suited to the more risk-averse investor whose priority is capital preservation but who still wants to participate in upside market growth. It suits investors who want:
* Protection of invested capital
* The level of capital protection to follow markets upwards
* Active equity management
The fund is also ideal for investors nearing or in retirement who want to protect their capital base, but still want access to some level of growth.
This is a moderate risk fund (risk rating 3). The risk management model aims to protect the portfolio value at a forward 'floor' level. The model will adjust the portfolio's asset allocation dynamically to protect capital. This form of portfolio protection is not a guarantee, but clearly a protective strategy only. The protective strategy is effective over typical 12-month rolling periods. Short term fund value fluctuations can occur. Alternative investment instruments will be used tactically to manage and limit downside risk, and to capture or lock in gains as and when they occur.