Financial Sector
Charter Fund
Old Mutual Alternative Investments

About the Fund

Established in 2007, the Financial Sector Charter Fund (FSC Fund) makes direct investments and investments into other impact funds managed by OMAI, across the Housing, Education and SMME & Consumer Finance sectors in South Africa, with a focus on the Affordable Market segment.

The FSC Fund’s objective is to provide its investor with an attractive risk-adjusted return, while making a positive social impact at a substantial scale.

The FSC Fund also enables its investor to achieve Targeted Investment points, as defined in the Financial Sector Charter.

About the Fund
Impact across our investments

The FSC Fund aspires to make a positive impact in the Housing, Education and SMME & Consumer Finance sectors in South Africa.

We are proud of the impact the FSC Fund has made through its direct investments:

  • 600 rental housing units to date
  • 5 500 mortgage bonds financed
  • 190 000 home improvement loans financed
  • 147 000 unsecured housing loans financed
  • 11 200 taxis financed
  • 3 400 ATM’s financed
  • 84% in the Affordable Market segment

For the impact that the FSC Fund has contributed to through its investment into other impact funds, please see:


Impact across our investments
FSC Fund Portfolio

The FSC Fund makes direct investments and investments into other impact funds managed by OMAI, across the Housing, Education and SMME & Consumer Finance sectors in South Africa, with a focus on the Affordable Market segment.

The FSC Fund has invested in the following impact funds managed by OMAI:

Its direct investment portfolio is geographically diversified, with both debt and equity investments, and managed by a selection of specialist operators to best match the underlying assets.