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Nedgroup Investments Rainmaker Fund

18 August 2019

General Information

Status Open
Fund category: Unit Trust
Management company: Nedgroup Collective Investments (RF) (Pty) Ltd.
Asset Manager(s): Abax Investments
Sector South African--Equity--General
Benchmark ASISA Category Average
Launch Date 01 October 1998
Fund Value ZAR 11,251,461,570.00 as at 30 Jun 2019
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 portfolio is suitable for investors seeking exposure to the domestic equity market with maximum capital appreciation as their primary goal over the long term. Investors should have a tolerance for short-term market volatility in order to achieve long-term objectives.


Latest NAV/Sell Price: ZAR 11,210.75 16 Aug 2019
Highest NAV/Sell Price: ZAR 14,170.50 25 Jan 2018

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

Price Performance

Daily Performance Figures as at 16 August 2019

1 Year 3 Years 5 Years
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: 1.725
Performance Fee: N/A
Total Expense Ratio: 1.74
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 June 2019

Holding Name Percentage
Local Cash
Local Equities
Local Property

Top Holdings (out of 53) as at 30 June 2019

Holding Name Sector Percentage
NASPERS-N Software & Computer Services 14.15%
STANBANK Banks 6.69%
BATS Tobacco 5.87%
ANGLO Mining 5.58%
FIRSTRAND Banks 5.29%
BHP Mining 5.25%
SASOL Chemicals 4.53%
MONDIPLC Forestry & Paper 3.58%
SANLAM Life Insurance 3.31%
RICHEMONT Personal Goods 2.96%


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