Performance
Macro Strategy Investments manages both retail and institutional funds using the same central investment process, while recognising the benchmarks of the different risk/return profiles of the funds.
| Retail Fund Performance |
Performance to
31 December 2011 | 1 year | 3 years (pa) | 5 years (pa) | Description | TER* |
Old Mutual Flexible Fund
Optimised Aggressive | 3.0%
4.4% | 14.5%
12.3% | 7.3%
6.7% |
| 2.18%*
|
Target
UT Peer Average | 14.2%
5.8% | 13.3%
12.3% | 15.0%
7.0% | CPI + 8% p.a. over rolling 3 years
Flexible category |
|
Old Mutual Balanced Fund
Optimised Balanced Fund | 6.8%
5.4% | 12.6%
11.5% | 6.7%
6.3% |
| 2.34%*
|
Target
UT Peer Average | 12.2%
5.5% | 11.3%
10.3% | 13.0%
6.7% | CPI + 6% p.a. over rolling 3 years
Prudential Variable Equity Category |
|
Old Mutual Stable Growth Fund
Optimised Defensive Fund | 6.8%
7.3% | 9.7%
9.3% | N/A
7.8% | Launched June 2007
| 2.16%*
|
Target
UT Peer Average | 10.2%
6.3% | 9.3%
8.6% | 11.0%
7.1% | CPI + 4% p.a. over rolling 3 years
Prudential Low Equity Category |
|
Old Mutual Real Income Fund
Target | 7.3%
9.2% | 10.8%
8.3% | 9.0%
10.0% |
CPI + 3% p.a. over rolling 3 years | 1.38%*
|
| CPI | 6.2% | 5.3% | 7.0% | | |
* TER as at 31 December 2011 - Each portfolio’s total expense ratio (TER) reflects the percentage of the average Net Asset Value of each portfolio that was incurred as charges, levies and fees. A higher TER ratio does not necessarily imply a poor return, nor does a low TER imply a good return.