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Home / News / MiPlan Fund update to clients December 2023

MiPlan Fund update to clients December 2023

In the interests of prudency and treating all customers fairly, the portfolio managers holding the listed note, RED 501, recommended it be written off on the 6th of December 2023. This final write-down will have an immaterial impact on fund performance, namely: MiPlan IP Enhanced Income (0.0227%), MiPlan IP Inflation Plus 7 (0.049%), and MiPlan IP Inflation Plus 5 (0.045%).

Posted on by Joshua Needham in News