Old Mutual Unit Trusts review 2026
Old Mutual offers 40 unit trusts, including a 10-fund "Investment Series" aimed at simpler goal-based investing. Verified against Old Mutual's own fund documents in July 2026.
Key facts
- Fund range: 40 unit trusts across risk profiles and asset classes.
- Minimum investment: R500/month via debit order, R10,000 lump sum, or R500 ad hoc (per fund).
- Fee structure: a Total Investment Charge (TIC) combining the Total Expense Ratio (TER — annual service fee, audit, custody, trustee charges) plus transaction costs. Fund TERs range roughly from 0.59% (money market funds) to 2.19% (global equity funds), depending on the fund.
- Adviser fees: an initial fee of 0%–3.45% (negotiable) and an ongoing adviser fee capped at 1.15% p.a., both VAT-inclusive.
- Low Balance Charge: R34.50/month applies if a fund balance falls below its prescribed minimum — waived if you maintain a R500+/month debit order.
Is it worth it?
With 40 funds to choose from, the range covers most risk appetites, but the TER varies a lot by fund — a money market fund at 0.59% is a fundamentally different cost proposition to a 2.19% global equity fund. Check the specific fund's current Minimum Disclosure Document for its exact TER and top holdings before investing, since these figures update regularly.
