The MI-PLAN IP Beta Equity Fund will change it's name to Mi-PLAN IP Beta Equity Fund, effective from 19 July 2017.

This fund attempts to capture the South African equity market returns consistent with the domestic general equity unit trust sector. To achieve this objective Vunani Fund Managers make use of proprietary software developed specifically for this purpose. Quarterly published unit trust fund data is interrogated to create a fund that best represents the sector. The resultant fund is characterized by low turnover and consistent mid-tier ranking in various performance surveys. This is in stark contrast to many equity funds experiencing stellar returns one year followed by significant under-performance the next.

In the short term this fund continues to deliver returns in line with the median of the general equity unit trust sector, however in the long term it outperforms most competitors. The fund remains one of the most cost effective general equity unit trusts due to low trading costs and low fees.