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 specific classes of these funds 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.
MitonOptimal also offers a range of Multi-Asset funds.
|Funds||Fund Objective||Risk Level Indicator|
|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 Ashburton Investments to manage this fund who have appointed Arno Lawrenz and Albert Botha as portfolio managers.
|IP High Conviction Equity Fund A Class||The IP High Conviction Equity Fund is a domestic, general equity portfolio. The investment objective of the Fund is to provide sustainable capital appreciation over the medium to long term. The Fund will typically hold, subject to regulatory limits, between 16 and 25 equity securities. The Fund shall have no exposure to other asset classes, and shall explicitly exclude fixed interest, listed property and foreign investments. This Fund is suitable for the sophisticated investor who understands the risks of being exposed to equity.||High Risk|
|IP High Conviction Equity Fund B2 Class|
|IP High Conviction Equity Fund C Class|
|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|
|IP Worldwide Active Beta Fund A Class||The primary objective of this fund is to target a total return of inflation plus 5% over rolling 4-5 year periods with a total TER of below 1%. The fund has no constraints and is not Regulation 28 complaint.||High Risk|
Latest Fund Pricing
Review our latest fund pricing for all South African domiciled funds.