Flagship IP Flexible Value A2

The Fund will be an asset allocation portfolio. The Manager, in selecting securities for the portfolio, will seek to follow an investment policy which will secure for investors an optimum overall return, that is to say the steady growth of income and the preservation of capital in real terms. In order to achieve these main objectives the investments to be acquired for the Fund, shall comprise a flexible combination of investments in equity, bond, money and property markets, all to be acquired at a fair market value. The equity portion of the portfolio will be managed according to a ‘value’ style. Equity securities typically selected will trade at below average price to earnings and/or price to book ratios.

Key stats

Management firm  IP Management Company
Domicile  South Africa
Global Branding Name  IP Management
Fund currency  ZAR
Net Assets Date  2014-09-30
Net Assets  R376,235,070
Launch Date  2011-11-14
ISIN  ZAE000159885
Manager 1 Name  Niall Brown
Fund Strategy  ZAR/NAD Flexible Allocation
Benchmark  ASISA SA MA Flexible - Sector Average
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  -2.83%
Return - 2 Months  -4.94 %
Return - 3 Months  -4.43%
Return - 6 Months  -2.10 %
Return - 9 months  4.83 %
Return - 12 Months  10.82%
Annualized return 24 months  15.86 %
Annualized return 36 months  14.22 %
Annualized return 48 months  12.61 %
Annualized return 60 months  12.81 %
Return 120 months  0.00 %
Annualized return since Inception  7.84%
Return YTD  4.83%

Ratings

Morning Star Rating Date   2014-09-30
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - Overall  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating

Charges

Initial  0.00 %
Minimum Investment  R5,000
Maximum Managment Charge  2.00 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  3rd Floor, Letterstedt House, Newlands on Main
Contact Address 2  Newlands, 7700
Contact Address 3  PO Box 24, Main Road, Newlands
Contact city  Cape Town
Contact country  South Africa
Fund Admin Group  IP Management Company
Web Address  www.MI-PLAN.co.za
Email contact  clientservices@ipmc.co.za
Phone  +27 (0)21 671 1650

Price

Last Price Date  2014-10-17
Pre-tax nav  33.05
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  R-0.49
Price change (percentage)  -1.46 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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