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63.03  /  2.42%

2604

NAV on 2021/03/01
NAV on 2021/02/26 2540.97
52 week high on 2021/02/16 2615.78
52 week low on 2020/03/19 1601.66
Total Expense Ratio on 2020/12/31 0.75
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change 6.72% 6.72%
3 month change 14.61% 14.61%
6 month change 17.31% 19.06%
1 year change 22.13% 25.79%
5 year change 3.76% 6.87%
10 year change 6.2% 9.33%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Basic Materials 16.28 20.03%
Consumer Goods 6.07 7.47%
Consumer Services 8.05 9.90%
Derivatives 1.26 1.55%
Financials 13.89 17.10%
Health Care 2.03 2.49%
Industrials 3.57 4.39%
Liquid Assets 14.43 17.76%
Specialist Securities 5.48 6.74%
Technology 8.01 9.85%
Telecommunications 2.20 2.71%
  • Top five holdings
 NASPERS-N 6.19 7.62%
 ANGLO 3.22 3.96%
 BHP 3.06 3.76%
 FIRSTRAND 2.45 3.01%
U-DBTRWLD 2.30 2.83%
  • Performance against peers
  • Fund data  
Management company:
MI-PLAN (Pty) Ltd.
Formation date:
2006/02/01
ISIN code:
ZAE000116414
Short name:
U-PQBETA
Risk:
Unknown
Sector:
South African--Equity--General
Benchmark:
General Equity Unit Trust Mean
Email
info@mi-plan.co.za

Website
http://www.MI-PLAN.co.za

Telephone
+27-21-671-1650

  • Fund management  
Craig MacArthur


  • Fund manager's comment

MI-PLAN IP Beta Equity Fund comment - Sep 19

2019/11/01 00:00:00
This fund attempts to capture the South African equity market returns consistent with the domestic general equity unit trust sector. To achieve this objective Vunani Fund Managers make use of proprietary software developed specifically for this purpose. Quarterly published unit trust fund data is interrogated to create a fund that best represents the sector. The resultant fund is characterized by low turnover and consistent mid-tier ranking in various performance surveys. This is in stark contrast to many equity funds experiencing stellar returns one year followed by significant under-performance the next.
In the short term this fund continues to deliver returns in line with the median of the general equity unit trust sector, however in the long term it outperforms most competitors. The fund remains one of the most cost effective general equity unit trusts due to low trading costs and low fees.
  • Fund focus and objective  
The objective of the MIPLAN IP Beta Equity Fund is to consistently deliver returns comparable to the average return generated by asset managers participating in the General Equity Sector of the Unit Trust Industry. The Mi-Plan IP Beta Equity Fund utilises Vunani Fund Managers' proprietary benchmark technology to derive an industry related portfolio that seeks to deliver returns similar to those obtained by investing in the average portfolio of managers classified under the General Equity Unit Trust sector. This product is suitable for investors seeking low cost and low relative performance risk to South African equity, or as a portfolio building block within the framework of any multi-manager fund that seeks to capture Beta returns on a portion or core of its portfolio at low cost. The benefits of this strategy are reduced benchmark relative risk, cost control and increased focus on the alpha generating managers.
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