Not logged in
 Admin   Login  
IP Interest Plus Fund | South African–Interest Bearing–Short Term
Reg Compliant
1.0094    +0.0001    (+0.010%)
NAV price (ZAR) Fri 3 Dec 2021 (change prev day)
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 93 Rand-denominated South African--Interest Bearing--Short Term funds over the last three years (needle right indicates above average performance)
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (interest bearing) category (needle right indicates a well-diversified fund)
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Interest Bearing--Short Term sector based on 3-year volatility (needle right indicates lower risk within the sector)
Fund Performance
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 28 Dec 2011
Fund Size (ZAR) 154 941 060
Latest Price 1.01
Total Expense Ratio (30/09) 0.73%
Minimum InvestmentR10 000
TTM Distribution Yield 3.89%
Fund Objective
The fund is a specialist income portfolio with moderate risk limits that seeks diversity, reasonable yield enhancement, moderate liquidity and relatively low volatility through constrained interest rate positions. The fund shall at all times run in accordance with the limits, instructions and guidelines contained within Regulation 28 governing the behaviour of pension funds. The MitonOptimal IP Interest Plus Fund is an actively managed income fund which targets yields that will be higher than those of call accounts and money market funds over time. To achieve this, the portfolio invests in a range of cash, money market instruments, fixed deposits and other income securities....Read more
Asset Classes and Holdings
 SA Equities0.00%  
 Foreign Equities0.00%  
 SA Bonds21.49%  
 Foreign Bonds0.00%  
 SA Property0.00%  
 Foreign Property0.00%  
 SA Cash78.51%  
 Foreign Cash0.00%  
Top Holdings as at 30 Sep 2021
SecurityUnitsValue (Rm)% of Fund
MM-16MONTH 0 14.139.72%
MM-32MONTH 0 13.078.99%
MM-01MONTH 0 12.118.33%
CASH 0 10.587.28%
MM-21MONTH 0 10.036.90%
MM-33MONTH 0 10.016.89%
MM-06MONTH 0 9.026.20%
MM-02MONTH 0 8.045.53%
MM-04MONTH 0 6.064.17%
NBKB59 5 600 000 5.643.88%
Totals  98.7067.88%
Recently viewed
TRCP3 Dec1.01+0.00+0.01%