Morningstar

MI-PLAN IP Enhanced Income A1 MIPEI

Morningstar Medalist Rating
Medalist Rating as of | See IP Management Investment Hub
  • NAV / 1-Day Return 10.62  /  +0.02 %
  • Total Assets 239.0 Mil
  • Adj. Expense Ratio
    —
  • Expense Ratio —
  • Distribution Fee Level Average
  • Share Class Type —
  • Category ZAR/NAD Flexible Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 9.50%
  • Effective Duration —

ZAR | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 3:52 PM GMT+0

Morningstar’s Analysis MIPEI

Will MIPEI outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MIPEI’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MIPEI management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MIPEI’s parent organization’s priorities and whether they’re in line with investors’ interests.

MI-PLAN IP Enhanced Income A1 earns a Morningstar Medalist Rating of Neutral with strength in areas such as Process offset by weaker spots such as People.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MIPEI

More MIPEI Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 55.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

REPUBLIC OF SOUTH AFRICA 21/12/27 10.5%

24.37 1.0 Bil
Government

TRANSNET SOC LTD 14/11/27 8.9%

7.73 330.2 Mil
Corporate

NORTHAM PLATINUM LTD 11/05/25 7.925%

5.37 229.4 Mil
Corporate

Bayb25 15.09200% 300925

4.94 211.1 Mil
Corporate

Abh001 12.85000% 200329

3.58 152.9 Mil
Corporate

4ts50a 13.00% 230225

3.37 143.8 Mil
Corporate

Agria1 13.10000% 281025

3.01 128.4 Mil
Corporate

Coca-Cola Co

2.75 117.6 Mil
Consumer Defensive

ABSA GROUP LTD 31/12/99 7.933%

2.61 111.7 Mil
Corporate

Frb37 11.44200% 260229

2.37 101.3 Mil
Corporate

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