Fees and Charges

Use the menu to select general fund information, prices (table & graphing tool), performance, declarations, investment minimums, and fees and charges:

The Effective Annual Cost (EAC) is a standard industry measure for your information and to facilitate comparing the cost of an investment over specific periods. Visit the EAC page for more information and to access the EAC calculator.

Some funds charge performance fees. For more information regarding the calculation of our performance fees, please download Performance Fee Frequently Asked Questions.

Investment Series Fund Range

Old Mutual Fund Name(pdf)

Maximum Initial Fee (incl. VAT)

 

TOTAL EXPENSES (incl. Annual Service Fee): 30 June 2020

Adviser Fee

Admin Fee

Total

Annual Service Fee (excl. VAT)

Total Expense Ratio (TER) incl. VAT

Transaction Cost (TC)

Total Investment Charge

Money Market Fund A 3.45% 0% 3.45% 0.50% 0.59% - 0.59%
Money Market Fund A2 0.00% 0% 0.00% 0.40% 0.47% - 0.47%
Real Income Fund A 3.45% 0% 3.45% 1.20% 1.40% 0.04% 1.44%
Stable Growth Fund A 3.45% 0% 3.45% 1.30%* 1.57% 0.06% 1.63%
Moderate Balanced Fund A 3.45% 0% 3.45% 1.30%* 1.62% 0.11% 1.73%
Balanced Fund A 3.45% 0% 3.45% 1.30%* 1.63% 0.10% 1.73%
Balanced Fund R 3.45% 0% 3.45% 1.00%* 1.29% 0.10% 1.39%
Flexible Fund A 3.45% 0% 3.45% 1.30%* 1.64% 0.13% 1.77%
Flexible Fund R 3.45% 0% 3.45% 1.00%* 1.29% 0.13% 1.42%
Investors' Fund A 3.45% 0% 3.45% 1.35%
1.56% 0.29% 1.85%
Investors' Fund R 3.45% 0% 3.45% 1.00% 1.16% 0.29% 1.45%
Equity Fund A 3.45% 0% 3.45% 1.35% 1.71% 0.30% 2.01%
Equity Fund R 3.45% 0% 3.45% 1.00% 1.19% 0.41% 1.60%
Maximum Return Fund of Funds A 3.45% 0% 3.45% 1.30%* 1.80% 0.09% 1.89%
Global Equity Fund A 3.45% 0% 3.45% 1.75% 2.09% 0.16% 2.25%
Global Equity Fund R 3.45% 0% 3.45% 1.00% 1.23% 0.16% 1.39%

Full Fund Range

Old Mutual Fund Name(pdf)

Maximum Initial Fee

 

TOTAL EXPENSES (incl. Annual Service Fee): 30 June 2020

Adviser Fee

Admin Fee

Total

Annual Service Fee (excl. VAT)

Total Expense Ratio (TER) incl. VAT

Transaction Cost

Total Investment Charge

Albaraka Balanced Fund A 3.45% 0% 3.45% 1.25% 1.48% 0.15% 1.63%
Albaraka Equity Fund A 3.45% 0% 3.45% 1.50% 1.77% 0.25% 2.02%
Albaraka Income Fund A 3.45% 0% 3.45% 0.60% 0.74% 0.03% 0.77%
Balanced Fund A 3.45% 0% 3.45% 1.30%* 1.63% 0.10% 1.73%
Balanced Fund R 3.45% 0% 3.45% 1.00%* 1.29% 0.10% 1.39%
Bond Fund R 0.69% 0% 0.69% 0.75% 0.89% 0.02% 0.91%
Capital Builder Fund A 3.45% 0% 3.45% 1.20% 1.40% 0.04% 1.44%
Capped SWIX Index Fund A 3.45% 0% 3.45% 0.60% 0.75% 0.21% 0.96%
Core Balanced Fund A 3.45% 0% 3.45% 0.50% 0.78% 0.12% 0.90%
Core Conservative Fund A 3.45% 0% 3.45% 0.50% 0.80% 0.07% 0.87%
Core Moderate Fund A 3.45% 0% 3.45% 0.50% 0.86% 0.13% 0.99%
Dynamic Floor Fund A 3.45% 0% 3.45% 1.35% 1.58% 0.06% 1.64%
Equity Fund A 3.45% 0% 3.45% 1.34% 1.71% 0.30% 2.01%
Equity Fund R 3.45% 0% 3.45% 1.00% 1.19% 0.41% 1.60%
Flexible Fund A 3.45% 0% 3.45% 1.30%* 1.64% 0.11% 1.77%
Flexible Fund R 3.45% 0% 3.45% 1.00%* 1.29% 0.13% 1.42%
FTSE RAFI All World Index Feeder Fund A 3.45% 0% 3.45% 0.70% 1.19% 0.04% 1.23%
Global Currency Feeder Fund A 3.45% 0% 3.45% 0.53% 0.97% 0.02% 0.99%
Global Equity Fund A 3.45% 0% 3.45% 1.75% 2.09% 0.29% 2.06%
Global Equity Fund R 3.45% 0% 3.45% 1.00% 1.20% 0.29% 1.49%
Gold Fund A 3.45% 0% 3.45% 1.50% 1.77% 0.31% 2.08%
Gold Fund R 3.45% 0% 3.45% 1.00% 1.19% 0.31% 1.50%
Income Fund R 0.69% 0% 0.69% 0.75% 0.88% 0.01% 0.89%
Interest Plus Fund A 3.45% 0% 3.45% 0.55% 0.65% - 0.65%
Investors' Fund A 3.45% 0% 3.45% 1.35%
1.56% 0.29% 1.85%
Investors' Fund R 3.45% 0% 3.45% 1.00% 1.16% 0.29% 1.45%
Managed Alpha Equity Fund A 3.45% 0% 3.45% 1.35%
1.58% 0.29% 1.87%
Maximum Return Fund of Funds A 3.45% 0% 3.45% 1.30%* 1.80% 0.09% 1.89%
Mid & Small-Cap  Fund A 3.45% 0% 3.45% 1.50% 1.76% 0.23% 1.99%
Mid & Small-Cap Fund R 3.45% 0% 3.45% 1.00% 1.18% 0.23% 1.41%
Moderate Balanced Fund A 3.45% 0% 3.45% 1.30%* 1.62% 0.11% 1.73%
Money Market Fund A 3.45% 0% 3.45% 0.50% 0.59% - 0.59%
Money Market Fund A2 0.00% 0% 0.00% 0.40% 0.47% - 0.47%
MSCI Emerging Markets ESG Index Feeder Fund A 3.45% 0% 3.45% 0.45% 0.90% 0.11% 1.01%
MSCI World ESG Index Feeder Fund A 3.45% 0% 3.45% 0.45% 0.74% 0.13% 0.87%
Multi-Managers Aggressive Balanced Fund of Funds
3.45% 0% 3.45% 1.50% 2.03% 0.18% 2.21%
Multi-Managers Balanced Fund of Funds A 3.45% 0% 3.45% 1.50% 2.02% 0.17% 2.19%
Multi-Managers Cautious Fund of Funds A 3.45% 0% 3.45% 1.35% 1.80% 0.07% 1.87%
Multi-Managers Defensive Fund of Funds A 3.45% 0% 3.45% 1.50% 2.00% 0.11% 2.11%
Multi-Managers Enhanced Income Fund of Funds A 3.45% 0% 3.45% 0.85% 1.09% 0.01% 1.10%
Multi-Managers Equity Fund of Funds A 3.45% 0% 3.45% 1.35% 1.62% 0.25% 1.87%
Multi-Managers Maximum Return Fund of Funds
3.45% 0% 3.45% 1.50% 1.96% 0.17% 2.13%
Multi-Managers Money Market Fund A 0.69% 0% 0.69% 0.50% 0.61% - 0.61%
RAFI® 40 Index Fund A 3.45% 0% 3.45% 0.75% 0.89% 0.08% 0.97%
Real Income Fund A 3.45% 0% 3.45% 1.20% 1.40% 0.04% 1.44%
SA Quoted Property Fund A 3.45% 0% 3.45% 1.25% 1.46% 0.05% 1.51%
Stable Growth Fund A 3.45% 0% 3.45% 1.30%* 1.57% 0.06% 1.63%
Top 40 Index Fund A 3.45% 0% 3.45% 0.60% 0.73% 0.15% 0.88%

Notes

Investments of less than R500 will incur an initial administration fee of up to 2.30%, depending on the fund.

* This fee includes the fees and costs relating to underlying global asset class exposures, which range between 0.20% and 0.50% as the fee for equity exposures is typically higher than the fee for fixed income or money market exposures.

Statutory Information

The initial charge is deducted prior to the purchase of units. The annual service fee is calculated on the market value of the fund's assets (excluding income and permissible deductions) and deducted from the portfolio on a monthly basis. Each fund's total expense ratio (TER) reflects an annualised percentage of the average Net Asset Value (NAV) of each portfolio that were incurred as charges, levies and fees (including the annual service fee). A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER may not necessarily be an accurate indication of future TERs. Transaction Cost (TC) is a necessary cost in administering the fund and impacts fund returns. It should not be considered in isolation as returns may be impacted by many other factors over time including market returns, the type of fund, the investment decisions of the investment manager and the TER.

For more information, please refer to the following document.