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IP Global Momentum Equity Fund Summary Fact Sheet
Global--Equity--General
 
Technical Overview
Formation Date: 2 Jul 2015
Holdings: n/a
Original Price: n/a
Pricing System: Forward
 
Price (A - Class)
 
Management
Shaun Krom, BSc Hon (Actuarial Science and Economics)
Shaun holds a B.SC.Hon degree from the University of the Witwatersrand (Actuarial Science and Economics). He is a Fellow of the Institute of Actuaries, Oxford. He has 20 years of experience holding director position in investment banking product solutions & trading, product development and research in asset management.
 
Ranking
Sector: Global-Equity-General
Fund Size: R2 651 457 (as at 30 Jun 2019)
Sector Rank: 31 out of 67
(lump sum over 1 years to 30 Sep 2019)
Overall Rank: 432 out of 1263
(lump sum over 1 years to 30 Sep 2019)
R1000 invested on 30 Sep 2018 was worth R1 057.96 on 30 Sep 2019 (5.80% annual compound return)
R100 per month since 30 Sep 2018 was worth R1 352.97 on 30 Sep 2019 (21.99% annual return compounded monthly)
 
Please note that domestic fund performance figures are calculated on a NAV-NAV basis including dividends reinvested on the reinvestment date, ETFs are reinvested on the ex-div date.
   
Focus and Objective
The IP GLOBAL MOMENTUM EQUITY FUND is a moderate to high risk, global, equity fund. The objective of this portfolio is to achieve capital appreciation by following a quantitative medium to long term equity strategy investing primarily in foreign markets. The portfolio is constructed using proprietary ranking and weighting methodologies to select momentum, value and blue chip shares.

Investments to be included in the IP GLOBAL MOMENTUM EQUITY FUND will, apart from assets in liquid form, consist of equity securities and financial instruments and may include listed property. Investments will be primarily in foreign markets but there will be no restrictions on the geographic asset allocation.

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 being of a sufficient standard to provide investor protection at least equivalent to that in South Africa and which is consistent with the portfolio's primary objective.

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
The IP GLOBAL MOMENTUM EQUITY FUND is a moderate to high risk, global, equity fund. The  ...more
 
News Archive
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Top Holdings on 30 Jun 2019
Share No Units Value (Rm) % of Fund
Shopify 54 0.23 8.51%
MASTERCARD 50 0.19 6.99%
ADOBESYSTEMS 38 0.16 5.94%
NVIDIA 68 0.16 5.89%
INTUIT 42 0.15 5.79%
Totals   0.88 33.12%
 
Comparative Performance
 
Portfolio Structure as at 30 Jun 2019
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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