If you have invested this past decade in the global equity markets, you will have benefited significantly and improved the value of your investment portfolio. MiPlan and its investment manager, Tony Bell, the CIO of ThinkCell, were recognized for their performance by earning the following awards in the 2025 Global Multi Asset Flexible sector. What…
For the latest update on the MiPlan IP Enhanced Income Retention Fund, please click here. As indicated in previous notifications, updates and communications, the MiPlan IP Enhanced Income Retention Fund is a separate fund comprising side-pocketed assets only and, as such, does not impact upon or have any effect on the MiPlan IP Enhanced…
Bridge Taxi Finance Update: As you may be aware, some investors hold interests in the main fund and in the retention fund of the Mi-Plan Enhanced Income Fund. Together these are the consolidated fund. The retention fund houses instruments that are exposed to Bridge Taxi Finance. While the main fund achieved top quartile performance…
Tracking the returns of your investment in the MiPlan IP Enhanced Income fund Tracking the returns of your investment in the MiPlan IP Enhanced Income fund, the MiPlan IP Enhanced Income Retention Fund and the combined or composite returns of both. MiPlan has engaged industry data and statistics provider Profile Data to create an easy…
For the latest update on the MiPlan IP Enhanced Income Retention Fund, please click here. During the final quarter of 2024, Noteholders met to discuss delisting the various notes exposed to Bridge Taxi Finance. A unanimous vote was taken to delist, which is awaiting ratification by the JSE. The delisting will create a conducive environment…
Red 707 valuation update: After extensive consultation between the Trustee, BCI / IP Management Company, it was resolved by them to write down the valuation of the subordinated debt instrument RED707 to a nil carrying value. To be clear: it is only the RED707 that is being revalued, not every instrument in the retention fund….
For the latest update on the MiPlan IP Enhanced Income Retention Fund, please click here. As indicated in previous notifications, updates and communications, the MiPlan IP Enhanced Income Retention Fund is a separate fund comprising side-pocketed assets only and, as such, does not impact upon or have any effect on the MiPlan IP Enhanced…
Update on Retention Fund – Non-payment of the interest coupon on the Martius notes. Further to our previous notifications, updates and communications, investors in the MiPlan IP Enhanced Income Retention Fund are notified that Martius (RF) Limited issued a further SENS Cautionary Announcement today, Wednesday, 13 March 2024, confirming that no interest will be paid…
Notification Of Impairment Of Side-Pocketed Assets Investors in the MiPlan IP Enhanced Income Retention Fund are notified that Vunani Fund Managers have decided to decrease the fair value of the side-pocketed Redink and Martius instruments in the Retention Fund. The notification from Vunani Fund Managers is set out below, which includes the rationale for and…
Mi-Plan 1st Floor, Mariendahl House Newlands on Main Newlands 7700 Cape Town 26 February 2024 Attention: Anton Turpin Re: Instruments exposed to Bridge Taxi 6 and 8 SPVs Vunani Fund Managers would like to advise you of specific instruments in your clients’ investment portfolio that have been impacted by recent economic challenges in…
