Plan the education of my children
All parents want to build the best future for their children, and ensure that they can later afford the cost of long higher education, sometimes done abroad.
Access to education and good training should be guaranteed to every one of our children. But it is nevertheless important that today you do not need to sacrifice your purchasing power in order to be able to invest.
You invest at your own pace in a profitable long-term investment with honorable and recognized results.
Put money aside
In a sometimes difficult economic context, it is natural to want to take precautions and to be sure of being able to financially manage an unforeseen event or a major expense to come.
Knowing that we are methodically building up a heritage that is valued year after year, thanks to the skills of a seasoned and responsible financial partner, is reassuring.
You have access to capital at any time, and recoverable without exit costs.
Prepare for my retirement
With the general increase in life expectancy, we all know that we will have a lot of time after leaving the world of work. Time to enjoy our loved ones, and also life itself.
And that time must be able to be built today in serenity, without the fear of telling you that later, for lack of foresight, you could become a heavy financial burden for your children.
You make your money work for a better future, while seeing the fruits of your investment each year.
Plan the education of my children
All parents want to build the best future for their children, and ensure that they can later afford the cost of long higher education, sometimes done abroad.
Access to education and good training should be guaranteed to every one of our children. But it is nevertheless important that today you do not need to sacrifice your purchasing power in order to be able to invest.
You invest at your own pace in a profitable long-term investment with honorable and recognized results.
Put money aside
In a sometimes difficult economic context, it is natural to want to take precautions and to be sure of being able to financially manage an unforeseen event or a major expense to come.
Knowing that we are methodically building up a heritage that is valued year after year, thanks to the skills of a seasoned and responsible financial partner, is reassuring.
You have access to capital at any time, and recoverable without exit costs.
Prepare for my retirement
With the general increase in life expectancy, we all know that we will have a lot of time after leaving the world of work. Time to enjoy our loved ones, and also life itself.
And that time must be able to be built today in serenity, without the fear of telling you that later, for lack of foresight, you could become a heavy financial burden for your children.
You make your money work for a better future, while seeing the fruits of your investment each year.
We invest for you in local assets with controlled returns
iPRO Growth Fund is an investment fund combining a majority of Mauritian and foreign stocks, and a minority of fixed income investments aimed at reducing performance volatility.
A word from the manager – February 2023
The Net Asset Value of IGF edged up by 0.6% in February. The bulk of the positive performance was generated out of foreign exchange gains from the fund’s USD-denominated holdings. The U.S. dollar gained approximately 3.5% versus the Mauritian rupee this month.
On the domestic front, February saw a number of Mauritian listed companies publish their latest financial updates. The Bee Equity Partners, our top holding locally, which announced last year that it is discontinuing its private equity strategy, recorded profits of MUR 15.2 million for the 6 months ended December 2022 and is showing good progress with regards to its disposal plans. MCBG, the other heavyweight in IGF’s local portfolio, posted solid profits of MUR 6.8 million for the first half of the 2021/2022 financial year, compared to MUR 5.1 million for the previous year. In terms of portfolio changes, we took advantage of improved prices in MCBG (up by 2.6% in February) to very slight trim our exposure to the banking group. We additionally exited our small position in Rogers and topped up our position in Vivo Energy.
On the international side, global equities markets declined in February as stronger than expected macroeconomic data dimmed the prospects of any imminent pause in monetary policy tightening by Central Banks. The re-escalation of US-China tensions further weighed on sentiment. In U.S. dollar terms, both of IGF’s foreign holdings suffered losses during the period under review. These losses were however more than compensated by the strong appreciation of the green back over the month. We have also injected further diversification into our international portfolio in February, reducing our position into the IPRO World Equity Fund and re-allocating to Emerging Markets Asia equities, short-term US Treasuries and Commodities (silver, gold and global mining).
Markets are expected to remain challenging over the coming quarters. We remind our readers that IGF has a long-term horizon and that market volatility can provide advantageous entry points to long-term IGF investors.
Riskometer
NAV Historical Evolution
How to invest with iPro Growth Fund?
By simply opening a SIP ( Systematic Investment Plan ). You perform a regular monthly payment (minimum 1,000 Rs). We make your money work for the best.
Simple. Easy. Fast.
- Investment plan for long-term savings
- Payments by bank transfer in Mauritian rupee
- Plan open to any Mauritian citizen over the age of 18
- Flexible amount with minimum requirement of Rs 1,000 per month
- Investments repayable at any time
- No exit fees from the plan
- Monthly statements available online
- Regular updates of your investment
Warning
This website is for informational purposes only and is intended to assist prospective private clients in determining whether they have a prior interest in the investment services offered by iPRO Investment Professionals. The website does not constitute an offer, solicitation or recommendation to enter into any transaction. Potential clients are reminded that investments involve significant risk. The Mauritius Financial Services Commission does not warrant the financial soundness of the company and its advertised financial products / services or the accuracy of any statements made or opinions expressed about it.
