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5.21  /  0.51%

1025.29

NAV on 2021/03/01
NAV on 2021/02/26 1020.08
52 week high on 2020/08/11 1119.51
52 week low on 2020/03/25 915.27
Total Expense Ratio on 2020/12/31 2.67
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change 1.35% 1.35%
3 month change 1.94% 1.94%
6 month change -3.73% -3.73%
1 year change 1.39% 2.09%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Liquid Assets 6.84 3.72%
Offshore 177.02 96.28%
  • Top five holdings
ENGELGLOBALFD 177.02 96.28%
  • Performance against peers
  • Fund data  
Management company:
IP Management Company
Formation date:
2016/11/15
ISIN code:
ZAE000225892
Short name:
U-ENGELWW
Risk:
Unknown
Sector:
Worldwide--Multi Asset--Flexible
Benchmark:
Global Multi Asset Flexible mean
Email
clientservices@ipmc.co.za

Website
No website listed.

Telephone
021-673-1340

  • Fund management  
Jacques Hattingh
Engelberg (Pty) Ltd.


  • Fund manager's comment

Engelberg IP Global Feeder Fund - Dec 19

2020/02/20 00:00:00
December was a great month for risk assets as sentiment turned overly positive after the US and China reached a phase one deal. The S&P500 rallied over 2.8%. Global markets followed with the MSCI World Index gaining 3%. Emerging markets significantly outperformed equities reacted extremely well to the phase one deal gaining over 8% for the month. The rand appreciated significantly against the US dollar in December on renewed emerging market risk appetite and broad based emerging market currecny strength. The ALBI gained 1.89% for the month as investors took advantage of the high yield on offer on South African government bonds. The currency should remain volatile leading up to Moody's downgrade decision and the budget speech. The ALSI gained over 3% for the month with the resources sector being the greatest contributor to the performance.
  • Fund focus and objective  
The Engelberg IP Global Feeder Fund is a multi-asset flexible fund, investing in all permitted asset classes. The objective of this portfolio is to achieve long term capital appreciation. There will be no geographical restrictions or limitations on the relative exposure of the portfolio to any asset class.
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