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Global Marathon IP Fund  |  Global-Multi Asset-Flexible
32.9927    +0.0191    (+0.058%)
NAV price (ZAR) Tue 19 Nov 2024 (change prev day)


 
Technical Details  
 

Formation Date (A1)

13 Oct 2015

Fund Size (ZAR)

407 266 886

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A1)

GMIPF

ISIN (A1)

ZAE000208724

Pricing

Daily

Number of unitholders

7

ASISA Category

Gbl-Multi Asset-Flexible

Benchmark

80% MSCI World Index, 15% S&P Developed Property Net Total Return Index, 5% Short Term Fixed Interest Composite (STFIND)

Income Distributions

31/03

Income Payment

02/04

Trustee

Standard Bank Investor Services

Management Company

IP Management Company

Fund Management

Tony Bell

Minimum Investment

R10 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

High

 
Fund Objective  
 
The GLOBAL MARATHON IP FUND is a multi-asset flexible fund, investing primarily in foreign markets. The objective of this portfolio is to achieve long term capital appreciation. There will be no limitations on the relative exposure of the portfolio to any asset class, but the portfolio will typically have significant exposure to foreign equity and property securities.

Investments to be included in the GLOBAL MARATHON IP FUND will, apart from assets in liquid form, consist of securities and listed and unlisted financial instruments across the equity, fixed interest and property markets, including exchange traded funds and exchange traded notes as permitted by legislation from time to time....Read more
 
Management  
 
Tony Bell (BCom (Hons), MBA)
Tony manages our range of target return, absolute return and managed equity product offerings. He has over 24 years investment experience and was previously the chief investment officer of Syfrets and Nedcor Investment Bank Asset Management (NIBAM). Tony joined the company in 2000 as head of business development, returning to his fund management roots in October 2008. After assuming responsibility for the target return funds, Tony worked with Fernando Durrell to develop a sophisticated asset allocation framework that is able to adjust to a range of different macro environments. This process, together with active stock and bond selection has had a marked impact on the performance of Vunani Fund Managers’ suite of target return funds. Tony has, in addition, worked with Fernando in developing the absolute return offering. Tony holds a Masters degree from the University of Stellenbosch. His thesis explored determinants of the price formation process of equities.
 
Fees and Costs - Class A1
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.748%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)0.88%
TER Performance Fee0.00%
Transaction Costs Ratio0.06%
Total TER0.94%
 
Distribution - Class A1
DeclaredPayAmountClassCurrency
31 Mar 20243 Apr 202433.874A1ZARc
31 Mar 20234 Apr 202322.234A1ZARc
31 Mar 20224 Apr 20229.472A1ZARc
31 Mar 20216 Apr 20215.671A1ZARc
31 Mar 20202 Apr 20207.771A1ZARc
31 Mar 20192 Apr 201914.859A1ZARc
31 Mar 20184 Apr 20188.458A1ZARc
31 Mar 20174 Apr 20173.380A1ZARc
 
Statutory Data
 
Management CompanyIP Management Company
Registration Number2007/017601/07
DirectorsS Buthelezi (Chairman)
TrusteeStandard Bank Investor Services
AuditorsPKF
Sponsors-
Advisors-
Physical Address1st Floor, Mariendhal House, Newlands on Main Main Road, Newlands Cape Town 7700
Postal AddressPO Box 23271 Cape Town 8000
Telephone021-673-1340
Tollfree-
Fax086-557-4848
Emailclientservices@ipmc.co.za
Website-