The fund is strictly managed in accordance with Shari’ah (Islamic Law) and therefore does not invest in shares of companies whose core business involves dealing in alcohol, gambling, non-halaal foodstuffs or interest-bearing instruments.

The Shari’ah Supervisory Board oversees adherence to the applicable Shari’ah principles. This fund specifically adheres to the standards of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) as interpreted by the Shari’ah Supervisory Board.

The Nedgroup Investments Opportunity Fund is suitable for investors requiring moderate levels of capital growth who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore.

Diversification across asset classes and a maximum equity exposure of 60% helps to reduce risk and volatility relative to an average prudential portfolio. Equity and property investments are volatile by nature and subject to potential capital loss.

For credit and income instruments, while unlikely capital loss may also occur due to an event like the defualt of an issuer. The portfolio may be subject to currency fluctuations due to its international exposure.

The fund aims to deliver a high level of dividend income coupled with long-term capital growth. It does this by investing in fundamentally sound companies that have high dividend yields and good prospects for long-term growth.

It is suited to investors seeking a dividend income stream and long-term capital growth. This investor should be able to tolerate stock market volatility.

The fund aims to offer investors an ethical investment that provides steady, long-term capital growth, as well as a moderate level of income via a portfolio that diversifies across asset classes and regional exposure. The Shari’ah Supervisory Board oversees adherence to the applicable Shari’ah principles.

This fund specifically adheres to the standards of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) as interpreted by the Shari’ah Supervisory Board. It is suited to investors wanting moderate to high long-term growth from their Shari’ah compliant investment, with less volatility in the short term than pure equity. It is suitable as a stand-alone retirement investment.

The fund aims to provide an income that grows in line with inflation, while sustaining the level of capital over time and minimising any losses over a 12-month period. The portfolio manager actively manages asset allocation to take advantage of changing market conditions.

This fund is suited to investors who can accept a lower initial income in return for the expectation of inflation-matching growth in income over the recommended investment term, while maintaining the value of their capital. It is suitable as a low-risk investment in retirement.

The fund is a specialist yield-enhanced money market portfolio that offers diversification, high liquidity and very low volatility by investing in money market and short-term debt instruments. It aims to deliver returns in excess of those offered by money market funds and similar levels of liquidity, without significantly increasing risk.

This fund suits risk-averse investors with a short-term investment horizon and who want yields in excess of those on money market investments, but also require high liquidity from their investment and cannot tolerate the higher risk associated with income funds.

The portfolio is suitable for investors requiring moderate levels of capital growth who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore. Diversification across asset classes and a maximum equity exposure of 75% helps to reduce risk and volatility relative to a general equity portfolio.

The portfolio complies with Regulation 28 of the South African Pension Funds Act. Equity and property investments are volatile by nature and subject to potential capital loss. For credit and income instruments, while unlikely, capital loss may also occur due to an event like the default of an issuer. The portfolio may be subject to currency fluctuations due to its international exposure.

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.

The portfolio aims to offer investors total returns that are in excess of inflation over the medium-term and is suitable for conservative investors requiring a high level of capital protection, with the potential for some capital growth and who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore.

Diversification across asset classes and a maximum equity exposure of 40% helps to reduce risk and volatility relative to an average prudential portfolio. The portfolio complies with Regulation 28 of the South African Pension Funds Act. Equity and property investments are volatile by nature and subject to potential capital loss. For credit and income instruments, while unlikely, capital loss may also occur due to an event like the default of an issuer. The portfolio may be subject to currency fluctuations due to its international exposure.

The portfolio is suitable for investors seeking enhanced money market returns, but who have a low tolerance for capital loss and who do not wish to make complex asset allocation decisions between cash, bonds, property and other fixed interest asset classes.

For credit and income instruments, while unlikely, capital loss may occur due to an event like the default of an issuer. The portfolio typically displays higher volatility and lower liquidity than a money market portfolio. The portfolio may be subject to currency fluctuations due to its international exposure.

The Investec Opportunity Fund aims to produce dependable inflation-beating returns, while minimising downside risk. The objective is to achieve returns well in excess of inflation measured over three to five year periods.

The fund invests in a mix of South African equities, bonds and money market instruments, as well as international equity and fixed interest investments. Equity exposure is currently limited to 75% and the international exposure to 25%. The allocation of assets is actively managed with a bias towards equities that are attractively priced given their inherent value.

The fund strives for long-term capital growth as well as some level of capital protection. 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.

This fund is suited to investors who strive for long-term capital growth as well as some level of capital protection.

This multi-managed fund of funds aims to produce significant inflation-beating returns over the long-term through a strategy of flexible asset allocation to some of the best managers in the industry. The fund is ideal for long-term investors who do not want to manage their own asset allocation and believe in the benefit of investing with more than one manager.

It may have maximum 75% exposure to equities and is by virtue of its aggressive balanced nature likely to have an average equity exposure higher than the exposure typically displayed by most other multi-asset high equity portfolios. Derivatives may be used for risk management purposes.

This is a multi-managed flexible asset allocation fund aimed at long-term capital growth with a bias towards absolute returns over the medium term. Over the longer term the Fund aims to produce significant inflation-beating returns through a strategy of flexible asset allocation to some of the best managers in the industry.

The Fund is likely to avoid capital losses over the long term and is ideal for medium and long-term investors who do not want to manage their own asset allocation and believe in the benefit of investing with more than one manager.

This is a domestic general equity fund aimed at outperforming its peer group in the long term. The equity mandates have a risk profile similar to that of a typical domestic general equity fund and the volatility of the Fund is lower than that associated with a very aggressively managed equity portfolio. Capital depreciation is possible in the short term.

This fund is a low volatility flexible asset allocation fund likely to avoid capital losses over the medium term while providing the potential for cash-beating returns over the long term. Although the majority of the Fund will be invested in income-enhancing assets, it will have limited exposure to equities in order to achieve moderate capital and income growth.

This is a multi-managed fixed interest fund. It is primarily aimed at investors seeking high levels of income with a possibility of capital appreciation over the long term. The Fund aims to produce returns superior to those of domestic income unit trust funds in the medium to long term. In order to achieve this, the investment mandate allows investment managers to invest in the entire spectrum of interest-bearing securities and listed property.

This is a low volatility fund aiming to provide investors with high levels of income and capital preservation and, in doing so, can run the risk of underperforming the inflation rate. The Fund aims to outperform its benchmark over rolling one-year periods. It is fully invested in money market instruments including highly secure bank-issued instruments and short-dated government guaranteed instruments as well as issues by central, provincial and local governments, companies and banks.

The fund aims to achieve long-term inflation-beating growth from a cost-efficient balanced portfolio with an equity exposure typically displayed by multi-asset high equity portfolios conforming to the regulations governing retirement fund investments.

This fund is suited to investors wanting high long-term growth in a cost-efficient multi-asset high equity fund with less volatility in the short term compared to a pure equity fund. The fund is suitable as a stand-alone retirement investment.

The fund aims to deliver long-term equity-like returns, but at lower levels of volatility than equity. The fund will predominantly invest in shares, but the portfolio manager can invest in less risky asset classes when they offer better value.

This fund is suited to investors who want high long-term capital growth, but also want some protection against short-term fluctuations of the equity market.  The fund is suitable for long-term savings outside a retirement fund.

This fund aims to achieve long-term inflation-beating growth. The fund has a growth asset bias and will invest more heavily in shares. The portfolio manager actively allocates to other asset classes to take advantage of changing market conditions and to manage the fund’s volatility.

This fund is suitable for investors wanting moderate to high long-term growth, with less volatility in the short term than pure equity. It is suitable as a stand-alone retirement investment.

The fund aims to achieve long-term inflation-beating growth from an actively managed investment portfolio with a moderate balanced nature. The equity exposure will be commensurate with the exposure typically displayed by multi-asset medium equity portfolios.

This fund is suited to investors wanting moderate long-term growth with less volatility in the short term than typical multi-asset high equity funds. The fund is suitable as a stand-alone retirement investment.

The fund aims to outperform inflation and provide a modest level of income while aiming not to lose money over any 18-month period. The portfolio manager actively manages asset allocation to take advantage of changing market conditions.

This fund is suited to investors who want their investment to grow in real terms and deliver a moderate level of income, with controlled risk of capital loss in the short term. It is typically suited to investors close to, or in retirement.

The fund aims to outperform money market investments and produce a relatively high level of income. It aims not to lose money over any 6-month period.

This fund is suited to investors who want high income and returns in excess of those from money markets over time, but with limited risk of capital loss in the short term. The investor understands that inflation is likely to erode the value of their investment in the long term.

The fund aims to deliver a regular income and to outperform bank deposits over time, while preserving capital. This fund is suited to investors who want a liquid investment that delivers a regular income and/or maximum capital protection, but who understand that their investment is unlikely to keep pace with inflation if held in the long term.

Apart from assets in liquid form, the fund holds participatory interests in only one collective investment scheme, namely the Old Mutual FTSE RAFI® All World Index Fund, which aims to replicate the performance of the FTSE RAFI® All World 3000 Index. The Old Mutual FTSE RAFI® All World Index Fund holds predominantly equity, but may also hold non-equity securities. Derivatives can be used to enable the portfolio to more effectively track the index.

This fund suits investors with a longer term investment horizon who primarily seek capital growth through exposure to the developed and emerging market equities that make up the FTSE RAFI All World 3000 Index. These investors do not require income from this investment, and can tolerate stock market  and currency volatility.

The fund aims to generate a return in line with the FTSE/JSE RAFI 40 Index.  Its primary objective is to provide long-term capital growth, with a secondary objective of delivering a reasonable income over time. It is suited to investors who want to grow capital over the long term by tracking the FTSE/JSE RAFI 40 Index. The investor should be able to tolerate stock market volatility.

The fund invests in shares included in the FTSE/JSE RAFI® 40 Index, tracking the weightings of each company as closely as possible. This RAFI® Index comprises listed companies rated according to four financial factors: cash flow, sales and dividends (averaged over 5 years) as well as book value at review date. Derivatives can be used to enable the portfolio to more effectively track the RAFI®.

This fund is suitable for investors seeking exposure to the property market without the potential difficulties and capital outlay of direct property investments. sector.

You choose underlying investment funds where your money is invested in, to meet your specific investment strategy. Along with funds managed by Old Mutual, our selected range also includes funds managed by other leading fund managers including Nedgroup Investments, Coronation, Prudential and Investec. These funds are referred to as ‘external funds’. These external funds are only available if you apply for the plan through a financial adviser.

Here we look at the Old Mutual Top 40 Life Fund, which aims to track the FTSE/JSE Top 40 Index. The FTSE/JSE Top 40 Index consists of the largest 40 companies ranked by full market value in the FTSE/JSE All Share Index.