Select Page

IP Management Company LogoIn line with regulatory requirements, we would like to share the most recent IP Management Company abridged annual accounts document, as provided by the IP Management Company.




June 24, 2016

I am pleased to present the Annual Report for IP Management Company and the IP Collective Investment Scheme for the year ended 31 March 2016. It is a statutory requirement that each investor receives a copy of the annual financial statements. Kindly note that performance and other figures reflect the position at the year end of the scheme and thus may not be the most recent figures available.

The year ending March 2016 has again seen IP Management Company and the IP Collective Investment Scheme growing in both number of funds and assets under management, which ended the year at R12.8bn, up from R11.2bn the previous year.

The first full year of operating the Tax-Free Savings Account (TFSA) has seen this product go from strength to strength with in excess of 1000 new accounts being opened. While assets under management in this product are not significant yet, due to the annual contribution limits, the long-term nature of the TFSA should see assets grow significantly over time and we are pleased to be able to offer this product to investors.

Our ongoing objective is to provide excellent administration for investors, asset managers and advisors, and we continue to enhance and streamline our administration processes. A few key developments are worth mentioning:

  • A revised standard for the Total Expense Ratio (TER) was implemented in the ongoing efforts of the industry to adhere to the principles of Treating Customers Fairly. The TER now covers rolling three-year periods and an additional Investment Cost measure was added to provide a transparent view of the costs incurred in the generation of the return earned on your investment.
  • In the next few months, an additional measure known as Effective Annual Cost (EAC) will be rolled out, again with the objective of creating greater transparency.
  • Investors can access their portfolio details and investment statements via secure web access portal. Follow the ‘Secure’ link on our website

As always, should you have any queries, please email us at, or consult your Investment Manager or Financial Advisor.

Thank you for your on-going support. I wish you all the best for the remainder of 2016

Brett Paton
Managing Director
IP Management Company Ltd
24 June 2016


IP Management Company Abridged Annual Report - March 31, 2016


MitonOptimal International Limited
Les Vardes House
La Charroterie
St Peter Port
GY1 1EL​
Channel Islands

Regulatory Information

MitonOptimal International Limited is registered in Guernsey (Registration No. 51561) and is the overlying holding company of the companies that make up the MitonOptimal Group.
Send this to a friend