Old Mutual Asian Select Class A Accumulation

Sell : 132.45p | Buy : 139.16p | up 1.46p
Last valuation as at 01-12-2008

At a glance

Initial charge 4.00%
Initial saving 4.00%
Annual charge 1.50%
Annual saving 0.250% ²
Total Expense Ratio 1.84%
Launch date 14-09-1994
Launch price £1.05
Sector Asia Pacific Ex Japan
Fund size £46 million
Number of holdings 79
Fund type OEIC
Type of units Accumulation

HL Research - Our view on this Fund

Mark Dampier Old Mutual has plugged the gap left by Suresh Sadasivan by hiring Phil Hunter to work in its emerging markets team.

Suresh Sadasivan will leave his role as manager of the Old Mutual Asian Select Fund later this year. Mr Hunter will take over this fund on a temporary basis while Old Mutual searches for a permanent fund manager. After that time he will remain a part of the investment team researching investment opportunities in emerging markets.

We suggest that existing investors in the Old Mutual Asian Select Fund await developments before considering making a change to their investment.

Full research

About the Fund Manager

Photo of Suresh Sadasivan

Suresh Sadasivan
Located in: London


Suresh Sadasivan is the manager of the Old Mutual Asian Select Fund. The fund has an A rating from Standard & Poor's and OBSR. Before being appointed manager of this fund in 2006, Suresh was a UK equity income and Latin American fund manager at OMAM. Prior to joining OMAM in 1999, Suresh was a senior international economist at Standard & Poors. He is a CFA Charterholder.

 

Income details

Running yield 0.45% (net)
Income paid Annually
Type of payment Dividend

All yields are variable and not guaranteed. The information is correct as at 31-10-2007.

Distribution dates

Ex-dividend date 31 October 2008
Payment date ³ 31 December 2008

Top 10 holdings

Hongkong Electric Holdings 4.00%
Qbe Insurance Group 3.83%
British American Tobacco (Malaysia) Bhd 3.45%
Telstra Corp. 3.25%
BHP Billiton 3.05%
Santos 2.71%
Commonwealth Bank of Australia, 2.66%
SINOPEC Shanghai Petrochemical Co. Ltd. A 2.51%
Housing Development Finance Corp. 2.30%
United Overseas Bank 2.15%

Top 10 sectors

Banks 17.46%
Mining 7.02%
Fixed Line Telecommunications 6.84%
Mobile Telecommunications 6.50%
Oil & Gas Producers 5.58%
Electricity 4.78%
Tobacco 4.22%
General Industrials 3.95%
Nonlife Insurance 3.83%
Life Insurance 3.48%

Top 10 countries

Australia 29.94%
China 16.28%
Hong Kong 15.33%
Singapore 7.87%
South Korea 6.20%
India 4.99%
Taiwan 4.55%
Malaysia 4.23%
United Kingdom 3.48%
Thailand 2.49%

² Annual saving is not available in the SIPP.

³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

Last valuation as at 01-12-2008. Data accurate as at 31/10/2008.

Data provided by
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