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Old Mutual Global Islamic Equity Feeder Fund  |  Global-Equity-General
3.3019    +0.0005    (+0.015%)
NAV price (ZAR) Thu 18 Sep 2025 (change prev day)


 
Technical Details  
 

Formation Date (A)

31 Aug 2022

Fund Size (ZAR)

344 431 260

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

GLIEQA

ISIN (A)

ZAE000313318

Pricing

Daily

Number of unitholders

0

ASISA Category

Gbl-Equity-General

Benchmark

S&P Developed Large-Mid-Cap Shariah Index

Income Distributions

-

Income Payment

-

Trustee

The Standard Bank of SA Limited and Absa Bank Ltd.

Management Company

Old Mutual Unit Trust Managers (RF) (Pty) Ltd.

Fund Management

Fawaz Fakier, Maahir Jakoet

Minimum Investment

R10 000

Minimum Top-Up

500

Minimum Monthly

R500

Risk Rating

Medium-High

 
Fund Objective  
 
The Old Mutual Global Islamic Equity Feeder Fund is a specialist portfolio. The investment objective of the Old Mutual Global Islamic Equity Feeder Fund is to maximise total return for investors. In order to achieve the portfolio's investment objectives, the investments to be included in the Old Mutual Global Islamic Equity Feeder Fund will, apart from assets in liquid form and exchange rate swaps (structured in a Shari'ah compliant manner) that may be allowed by the Act from time to time, consist solely of participatory interests in the Old Mutual Global Islamic Equity Fund, a subfund of the Russell Investment Company Public Limited Company....Read more
 
Management  
 
Fawaz Fakier (BCom (Hons), CFA, FRM)
Fawaz is the Lead Portfolio Manager of the Old Mutual ESG equity portfolio and oversees the broader ESG strategy and integration across Customised Solutions. He is primarily responsible for managing portfolios driven by active quantitative strategies across a range of portfolios. He is a key individual on the Old Mutual Investment Group Artificial Intelligence (AI) committee and acts a champion for AI initiatives both within Customised Solutions and across the broader Investment Group business. Fawaz's research interests include insights into sustainability investing, factor-based research, converting data into investment insights, portfolio construction techniques and tactical asset allocation. He has more than seven years of experience in managing portfolios and over 13 years in the investment industry.

Maahir Jakoet (BCom (Hons))
Maahir co-manages the Old Mutual ESG equity portfolio as well as the full suite of Shari'ah portfolios. He is the lead portfolio manager of the Old Mutual Albaraka Income Fund. He has a strong focus on the businesses Shari'ah capability, improving the investment process, and the proactive and professional engagement with clients and service providers. Maahir attended an Investment Bank internship at JP Morgan Chase. He was also a Quantitative analyst at RisCura prior to joining the Old Mutual Investment Group Portfolio Implementation Team. He holds a B. Com. (Hons) UCT - Financial Analysis and Portfolio Management and is currently an MBA candidate at UCT's Graduate School of Business.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.92%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)1.86%
TER Performance Fee0.00%
Transaction Costs Ratio0.12%
Total TER1.98%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
31 Dec 20243 Jan 20250.000AZARc
31 Dec 20233 Jan 20240.000AZARc
31 Dec 20224 Jan 20230.000AZARc
 
Statutory Data
 
Management CompanyOld Mutual Unit Trust Managers (RF) (Pty) Ltd.
Registration Number1965/008471/07
DirectorsR B Berelowitz, P G de Beyer (Chairman), D Naidoo
TrusteeThe Standard Bank of SA Limited and Absa Bank Ltd.
AuditorsKPMG Inc
SponsorsOld Mutual Life Assurance Company (SA) Limited
AdvisorsOld Mutual Investment Group (Pty) Ltd.
Physical AddressMutualpark, Jan Smuts Ave Pinelands Cape Town 7405
Postal AddressPO Box 207 Cape Town 8000
Telephone021-503-7100
Tollfree0860-234-234 (Helpline)
Fax021-509-7117
Emailunittrusts@oldmutual.com
Websitehttp://www.omut.co.za