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MI-PLAN IP Global Macro Fund Summary Fact Sheet
Global--Multi Asset--Flexible
 
Technical Overview
Formation Date: 7 May 2013
Holdings: n/a
Original Price: n/a
Pricing System: Forward
 
Price (B5 - Class)
 
Management
Tony Bell, BCom (Hons), CIA, MBA
14 years investment experience.

 
Ranking
Sector: Global-Multi Asset-Flexible
Fund Size: R1 051 556 079 (as at 30 Jun 2018)
   
Focus and Objective
The MIPLAN IP GLOBAL MACRO FUND is a Multi Asset flexible fund, investing primarily in foreign markets. The objective of this portfolio is to achieve capital appreciation over the medium to long term. There will be no limitations on the relative exposure of the portfolio to any asset class.

Investments to be included in the MIPLAN IP GLOBAL MACRO FUND will, apart from assets in liquid form, consist of securities and financial instruments across the equity, fixed interest and property markets, including exchange traded funds and exchange traded notes as permitted by legislation from time to time.

The portfolio may also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes in the Republic of South Africa. Where the aforementioned schemes are operating in territories other than South Africa, participatory interests or any other form of participation in these schemes will be included in the portfolio only where the regulatory environment is to the satisfaction of the manager and the trustee as provided for in the legislation from time to time.

The Manager will be permitted to invest on behalf of the portfolio in offshore investments as legislation permits.

The Manager may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective.

Nothing in this supplemental deed shall preclude the manager from varying the ratio of securities, to achieve the investment objective in a changing economic environment or market conditions or to meet the requirements, if applicable, of any exchange recognised in terms of legislation and from retaining cash or placing cash on deposit in terms of the deed and this supplemental deed; provided that the Manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of securities and assets in liquid form of the aggregate value required from time to time by the Act.

For the purpose of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.

The trustee shall ensure that the investment policy set out in this supplemental deed is adhered to.
 
Latest Fund Manager Comment / News
MI-PLAN IP Global Macro comment - Jun 17
Although June delivered negative returns for most asset classes, some positives were  ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 30 Jun 2018
Share No Units Value (Rm) % of Fund
AMAZON.COM 2 206 51.86 4.93%
MICROSOFT 30 077 41.16 3.91%
ADOBESYSTEMS 11 777 39.60 3.77%
APPLE 14 998 38.29 3.64%
MASTERCARD 13 972 37.96 3.61%
Totals   208.87 19.86%
 
Comparative Performance
 
Portfolio Structure as at 30 Jun 2018
Click here for complete portfolio for this fund.
 
Dividend Data
Click here for Dividend History for this fund.
 
Fees and Charges
Click here for fees and charges for this fund.
 
Sectoral Information
Click here for Sectoral Information for this fund.
 


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