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Flagship BCI Balanced Fund R (0P0000UT58)

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3.677 -0.021    -0.58%
08/12 - Delayed Data. Currency in ZAR
Type:  Fund
Market:  South Africa
Issuer:  IP Management Company
ISIN:  ZAE000139028 
Asset Class:  Equity
  • Morningstar Rating:
  • Total Assets: 258.9M
Flagship IP Prudential Variable Fund R 3.677 -0.021 -0.58%

Flagship BCI Balanced Fund R Overview

 
On this page you'll find an in-depth profile of Flagship BCI Balanced Fund R. Learn about the key management, total assets, investment strategy and contact information of 0P0000UT58 among other information.
Category

ZAR/NAD Aggressive Allocation

Total Assets

258.9M

Expenses

1.07%

Inception Date

Dec 01, 2011

Investment Strategy

The Flagship IP Prudential Variable Fund is to be a domestic, asset-allocation, prudential variable portfolio. The primary objective is to seek steady but stable growth of both capital and income through investments in a broad range of asset classes in a balanced manner. In order to achieve its objective, the investments normally to be included will comprise a combination of securities in the equity, bond, property and money markets. The portfolio will have an equity exposure (including international equity) between 0% and 75% at all times. The Portfolio may also include participatory interest in portfolios of collective investment schemes registered in South Africa or operated in territories with a regulatory environment which is to the satisfaction of the Manager and the Trustee and as legislation permits. The portfolio will be managed so as to comply with prudential requirements with which a pension fund investment strategy must comply in terms of applicable legislation.

Contact Information

Address Constantia Main Road
Cape Town, 7800
South Africa
Phone +27(0)21 794-3140

Top Executives

Name Title Since Until
Paul Floquet Portfolio Manager 2005 Now
Winston Theodore Floquet Portfolio Manager 2005 2012
Biography "WINSTON FLOQUET CA(SA) MBA Winston joined Martin & Co in 1969 and has throughout his career been involved in equities, fixed income, fund management and research (while CEO and head of research at Martin & Co, the company was rated the number 1 research house for 18 consecutive years). He has managed portfolios of private clients throughout his working life and for over 30 years he ran the Martin & Co Provident Fund (a fund of over R200m). While seconded to Fleming Asset Management in 1999/2000 he also managed a unit trust, several share-dealing companies and participated in the management of several pension and provident funds (total funds under administration around R2.5bn). Winston's experience in equities, bonds and futures thus spans over 35 years. Since October 2001, Winston has managed the Flagship Worldwide Flexible Fund, which has won four consecutive Raging Bull awards (2004 to 2007) and six Standard & Poors awards; the Flagship Domestic Flexible Fund, which won the S&P Best Fund Award in 2007; and the Flagship Worldwide Flexible Fund of Funds which has won two consecutive Raging Bull Awards for the three and five year periods ending 31 December 2008 and 2009."
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