Old Mutual Asset Allocation Mod Gr A (ommax)
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Australia + Pacific Islands
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Old Mutual Asset Allocation Mod Gr A (OMMAX) Description: OMMAX is a mutual fund, which is an investment that owns a basket of assets. The OMMAX mutual fund was provided by Old Mutual and this investment vehicle derives the majority of its value from equity holdings (stocks). Old Mutuals mutual fund has a medium management tenure and is in the small fund size classification. OMMAXs minimum initial investment amount is $2500 while the IRA minimum is $2000. OMMAXs expense ratio is roughly 1%. The latest OMMAXs front end load was 6% and the back end load was 0%. The Old Mutual Asset Allocation Mod Gr A (OMMAX) mutual fund falls under the aggressive allocation category. OMMAX focuses its investments in USA and OMMAX is not affiliated with a particular industry or fund sector. The Old Mutual Asset Allocation Mod Gr A (OMMAX) mutual fund is not a leveraged fund and it does not have inverse fund properties. An investor can find OMMAXs top holdings, fundamental analysis, ratings, and fund risk (volatility) on the left side of the screen. The right side of OMMAXs research report features technical analysis and long term investment potential.
This investment vehicle seeks capital appreciation. The funds a fund of funds which seeks to achieve its investment objective by primarily investing in a diversified portfolio of underlying equity and fixed income funds, although a portion of assets may be invested in cash, cash equivalents, or in money market funds. Under normal circumstances, it expects to invest 70-90% of assets among equity funds and 10-30% among fixed-income funds.