We create sustainable value through our market expertise
We are an asset management company based in Mauritius focused on delivering superior returns and tailor-made customer services to private clients and financial intermediaries for nearly 30 years
Will
Do you have long-term capital to commit?You have capital for investment accumulated through entrepreneurial efforts, labor savings or inheritance. You are able to commit capital to an investment portfolio for 5 years or more.
Knowledge
Do you understand and accept the risks of the stock market?You are open to stock market investments. You understand the risk-reward trade-off and are prepared to accept fluctuations in the financial market, especially in the short to medium term.
Requirement
Are you looking for profitable investments?You are aiming for higher growth rates than is normally achievable through bank deposits or structured products. You have a real interest in long-only investment strategies in equity and bond asset classes.
THE FINANCIAL ANALYSIS OF OUR EXPERT
The Net Asset Value of IPRO Growth Fund Ltd. (“IGF”) remained flat in April. The local portfolio contributed positively to performance during the month. The gains were however offset by losses in the foreign portfolio.
On the local front, the Bee Equity Partners was, once again, the top contributor to returns with a share price gain of 11% in April. The company announced a special dividend of MUR 55 per share (to be paid in early June) following the sale of its majority stake in Flacq Associated Stonemasters Ltd, the largest position in its investment portfolio. With this distribution, the Bee Equity Partners Ltd would have completed the best part of its new strategy which is to dispose of all its assets and distribute the proceeds to its shareholders. Otherwise, returns from the rest of IGF’s local portfolio were weak in April, in line with the SEMTRI which shed a further 1.4% (in MUR) during the month. With regards to trades, we added to our position in Miwa Sugar in April.
Internationally, April was a mixed month for equities. Developed markets performed well (+1.8% in USD), despite further troubles in the banking sector. Emerging markets lost ground (-1.1%), dragged down by the Chinese market which experienced steep losses during the month as US-China tensions resurfaced. Foreign exchange effects weakened the returns of IGF’s foreign portfolio in April, as the Mauritius rupee “appreciated” versus the U.S. dollar following the interventions of Bank of Mauritius on the domestic foreign exchange market. We continued with our rebalancing programme in April, reducing our exposure to IPRO World Equity Fund and exiting our holding in the S&P 500 ETF. Proceeds from the sales were re-invested into a mix of MSCI ACWI and EM Asia equities ETFs and China-focused fixed income funds.
As usual, we remind investors that IGF has a long-term horizon and that market volatility can provide advantageous entry points to long-term investors.
We value your heritage through a unique and personalized relationship
We advise and manage investors with complete discretion demanding and eager to grow their capital within a maximum return horizon of more than 5 years.
A service of excellence
For nearly 30 years, we have applied our specific expertise in portfolio management to build you robust and personalized investment solutions.
We are at your side to bring you the best advice, whether it is to preserve and grow your wealth, or to help you choose the most profitable investments with peace of mind.
You have a single point of contact who follows your portfolio over time and whom you can contact at any time.
An in-depth study of your needs
We spend a lot of time understanding your personal situation and your tolerance for risk. Thanks to our objective approach, we build the investment strategy you need.
Research (local and global) is one of the main strengths of our team of financiers. Our work discipline is focused on an investment process supported by rigorous internal research.
You are at the heart of a personalized and unique relationship that we maintain over time with regular exchanges.
Controlled risk management
We apply top-notch procedures for building and monitoring your portfolio, with all major decisions approved by a professional investment committee.
We place particular emphasis on the a risk management, and conduct reviews regular of these, with subsequent adjustments to your portfolio if necessary.
You are assured of maintaining perfect and realistic control of the value of your assets during our management mandate.
A service of excellence
For nearly 30 years, we have applied our specific expertise in portfolio management to build you robust and personalized investment solutions.
We are at your side to bring you the best advice, whether it is to preserve and grow your wealth, or to help you choose the most profitable investments with peace of mind.
You have a single point of contact who follows your portfolio over time and whom you can contact at any time.
An in-depth study of your needs
We spend a lot of time understanding your personal situation and your tolerance for risk. Thanks to our objective approach, we build the investment strategy you need.
Research (local and global) is one of the main strengths of our team of financiers. Our work discipline is focused on an investment process supported by rigorous internal research.
You are at the heart of a personalized and unique relationship that we maintain over time with regular exchanges.
Controlled risk management
We apply top-notch procedures for building and monitoring your portfolio, with all major decisions approved by a professional investment committee.
We place particular emphasis on the a risk management, and conduct reviews regular of these, with subsequent adjustments to your portfolio if necessary.
You are assured of maintaining perfect and realistic control of the value of your assets during our management mandate.
Asset Management
Advisor in stock market investments and distribution of financial products
A strong team of finance and capital markets professionals
Member of the CIEL group (MUR 14 billion – 350 million euros in equity)
Coverage on Mauritius and all world markets
Over MUR 4 billion in assets under management
Regulated by the Mauritius Financial Services Commission
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.
