MitonOptimal South Africa has given mandates to third-party asset managers on most of our single-asset manager funds. The purpose of these funds is to serve as specialist components within portfolios and other Multi-Asset Funds. The funds all qualify in terms of the South Africa Tax Free Savings Regulations (TFSA) and are designed to be priced competitively, in order to achieve each desired outcome in a cost efficient manner.
|Funds||Fund Objective||Risk Level Indicator|
|MitonOptimal IP Interest Plus Fund A Class||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. MitonOptimal has mandated Atlantic Asset Management to manage this fund who have appointed Arno Lawrenz and Albert Botha as portfolio managers.
|MitonOptimal IP High Conviction Equity Fund A Class||The Fund is a concentrated general equity fund. The investment objective of the Fund is to maximise long term total returns by outperforming the FTSE / JSE SWIX 40 Index over 3 to 5 years. The Fund will typically not hold more than 25 stocks at any given time and only invest in companies listed on the JSE.||High Risk|
|MitonOptimal IP High Conviction Equity Fund B2 Class|
|MitonOptimal IP High Conviction Equity Fund C Class|
|MitonOptimal IP SA Inflation Linked Index Fund A Class||The Fund aims to provide investors with a return in line with the benchmark, the JSE ASSA Composite Inflation Linked Index (CILI Index) return. Its Primary objective is to provide long-term growth, with a secondary objective of delivering a reasonable inflation linked income over time (net of portfolio management fees and expenses).||Low to Moderate Risk|
|MitonOptimal IP SA Inflation Linked Index Fund B2 Class|
|MitonOptimal IP Active Beta Fund A Class||The primary objective of the Fund is to target a total return of inflation plus 5% over rolling four-year periods. In so doing, the Fund will aim to outperform a fixed asset allocation benchmark, over the same rolling period, through active asset allocation. Given the nature of the Fund, a secondary objective is to keep the Total Expense Ratio (TER) as low as possible to ensure that unnecessary costs do not hinder performance.||Moderate to High Risk|
|MitonOptimal IP Defended Beta Fund A Class||The MitonOptimal IP Defended Beta Fund is a moderate to high risk, flexible fund. The objective of this fund is to achieve capital appreciation and mitigate downside long-only risk over the medium to long term, by varying the equity exposure of the portfolio in response to market up and down turns. Investments to be included in the Fund will, apart from assets in liquid form, consist of securities and financial instruments across equity, fixed interest, property and money markets. |
The Fund will typically be highly exposed to equities but the Manager will have complete flexibility to vary the exposure to different asset classes as economic conditions vary. Within the South African equity asset class, exposure will be limited to securities in the JSE Top 40 Index. Foreign, direct exposure, may be added to the portfolio and will be managed on a similar basis as that of the local exposure.
|Moderate to High Risk|
|MitonOptimal IP Defended Beta Fund C Class|
To access the specific Fund Fact Sheets / Minimal Disclosure documents and other supporting download documentation, please click on the respective fund name above.