MI-PLAN IP Global Property FF B1

The objective of the fund is to offer investors the opportunity for offshore diversification and exposure to global, listed real estate. The investment objective of the underlying portfolio is to achieve long term capital growth. The investment manager will apart from assets in liquid form, invest solely in participatory interests or any other form of participation in the SARASIN IE REAL ESTATE EQUITY – GLOBAL (GBP) FUND. The manager may enter into financial transactions for the exclusive purpose of hedging exchange rate risk. The underlying portfolio may be exposed to financial instruments. Nothing shall preclude the manager from varying the ratios of securities in changing economic environment or market conditions, and from retaining cash or placing cash on deposit. The manager may close the portfolio to new investors

Key stats

Management firm  IP Management Company
Domicile  South Africa
Global Branding Name  IP Management
Fund currency  ZAR
Net Assets Date  2014-11-30
Net Assets  R25,412,116
Launch Date  2013-05-31
ISIN  ZAE000177747
Manager 1 Name  Tony Bell
Fund Strategy  Property - Indirect Global
Benchmark  STeFI Composite ZAR
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-11-30
Return - 1 Month  3.10%
Return - 2 Months  3.49 %
Return - 3 Months  4.06%
Return - 6 Months  8.64 %
Return - 9 months  13.85 %
Return - 12 Months  22.65%
Annualized return 24 months  0.00 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  12.35%
Return YTD  17.99%

Charges

Initial  0.00 %
Minimum Investment  R5,000
Maximum Managment Charge  0.40 %
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  2014-12-17
Pre-tax nav  12.37
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-0.12
Price change (percentage)  -0.96 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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