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34.02  /  1.07%

3188.58

NAV on 2021/09/16
NAV on 2021/09/15 3154.56
52 week high on 2021/08/20 3302.72
52 week low on 2020/12/23 2886.58
Total Expense Ratio on 2021/06/30 1.59
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change -0.99% -0.99%
3 month change 6.91% 6.91%
6 month change 5.23% 5.23%
1 year change 5.91% 5.91%
5 year change 7.46% 7.46%
10 year change 12.81% 12.81%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Liquid Assets 27.42 3.00%
Offshore 885.41 97.00%
  • Top five holdings
O-FGAMGLG 457.89 50.16%
O-FGAMGC 181.48 19.88%
O-IGLFRAA 77.20 8.46%
O-IGLOBAL 75.63 8.29%
O-NIBABAL 75.35 8.25%
  • Performance against peers
  • Fund data  
Management company:
IP Management Company
Formation date:
2007/10/17
ISIN code:
ZAE000171997
Short name:
U-FGINFLX
Risk:
Unknown
Sector:
Global--Multi Asset--Flexible
Benchmark:
The average of the Global - Multi Asset - Flexible category
Email
clientservices@ipmc.co.za

Website
No website listed.

Telephone
021-673-1340

  • Fund management  
FG Asset Management
FG Asset Management (FGAM) comprises the founders of the Firstglobal group, most of whom are approved as investment managers by the Financial Services Board, each having in excess of 10 years experience as financial advisors and discretionary portfolio managers. With a view to ensuring that the multi-manager services provided by FGAM include specialist and quantitative investment expertise, we have entered into a strategic partnership with the Analytics Group, one of the leading multi-manager and investment consulting operations in South Africa, who form part of the investment committee, in an advisory capacity.


  • Fund manager's comment

FG IP Int Flexible Fund of Funds - Dec 19

2020/02/20 00:00:00
The FG IP Interna..onal Flexible Fund of Funds returned 1.57% in December, outperforming the benchmark peer group average which returned 1.68%. December brought some posi..vity with regards to global growth concerns, as the US and China finally came to an agreement on a “phase one” trade deal and is set to sign the deal in the new year. The posi..ve trade deal outcome helped drive the performance of riskier assets, with EM equi..es returning +7.5%, outperforming developed market equi..es +3.0%. The market’s saw a shi.. towards the riskier assets, preferring equi..es over global government bonds +0.2%. The UK Conserva..ve Party came out victorious in the UK general elec..on, aiding their efforts to exit the EU by 31 January 2020. The FGAM Global Growth Fund was the best performing underlying fund, returning 1.38%. No changes were made to the fund during the month.
  • Fund focus and objective  
The objective of this portfolio is to provide investors with long-term capital growth from a portfolio that maintains a medium to high risk profile. Investments to be included in the portfolio will consist of assets in liquid form, and of participatory interests in portfolios of collective investment schemes registered in the Republic of South Africa or of participatory interests in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the manager and the trustee of a sufficient standard to provide investor protection which is at least equivalent to that in South Africa. The portfolio will invest in participatory interests of underlying portfolios that provide exposure to a spectrum of equity, bond, money market, non-equity and property markets. These underlying portfolios may provide exposure to financial instruments.
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