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-0.97  /  -0.07%


NAV on 2021/09/16
NAV on 2021/09/15 1363.25
52 week high on 2021/08/27 1397.07
52 week low on 2020/10/30 1124.8
Total Expense Ratio on 2021/06/30 1.57
Total Expense Ratio (performance fee) on 0
Incl Dividends
1 month change -1.96% -1.96%
3 month change -0.24% -0.24%
6 month change 0.02% 0.6%
1 year change 13.72% 16.36%
5 year change 4.69% 7.49%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Bond Funds 12.37 3.93%
Fixed Interest 25.12 7.98%
General Equity 69.01 21.93%
Liquid Assets 10.21 3.24%
Managed 156.02 49.58%
Real Estate 5.34 1.70%
Spec Equity 36.60 11.63%
  • Top five holdings
U-PRUALLO 47.38 15.06%
U-FAIRTRE 34.62 11%
U-INVEQU 34.39 10.93%
U-LAURFLE 31.36 9.97%
U-PSGOPP 30.85 9.8%
  • Performance against peers
  • Fund data  
Management company:
IP Management Company
Formation date:
ISIN code:
Short name:
South African--Multi Asset--High Equity
Average of the SA-Multi Asset-High Equity category

No website listed.


  • 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 Neptune Growth Fund of Funds - Dec 19

2020/02/20 00:00:00
The FG IP Neptune Growth Fund of Funds returned +1.78% in December, outperforming the benchmark peer group average which returned +1.14% over the month. 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 set to sign the deal in the new year. The trade deal outcome helped drive the performance of riskier assets, with EM returning +7.5%, outperforming developed market +3.0%. Locally, South Africans were once again plagued by rolling blackouts for the first half of the month, with Eskom even announcing stage 6 load shedding, adding pressure to the already fragile South African economy, and further exposing the ailing state of SOEs. The All Bond Index ended the year off by returning +1.68% in the month. Resources returned +6.97% outperforming Financials +0.74% and Industrial index +2.32%. Fairtree Equity Prescient Fund was the best performing underlying fund, returning +7.69%, as the fund’s resources alloca..on contributed posi..vely to performance. No changes were made to the fund during the month.
  • Fund focus and objective  
The fund aims to achieve total returns in excess of the average of the SA - Multi Asset - High Equity Category - net of fees over the long term. The portfolio invests in collective investment schemes investing predominately in equities, bonds, listed property and money market instruments, both locally and abroad. This fund is ideal for an investor who strives to gain exposure to various asset classes, but is not confident enough to time their entry into or exit out of specific market sectors. The Fund is Regulation 28 compliant.

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