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iMGP Funds Sicav
The data and information featured on this web site are provided free of charge and solely for information purposes. The information contained herein constitutes neither an offer to purchase nor a solicitation to sell and may not be construed as an investment recommendation on the part of iM Global Partner Asset Management or other entities of the group iM Global Partner, its affiliates, managers, officers, or employees (hereafter « iMGP ») and has no legal or contractual value. Furthermore, any reference to a specific security in any published material is included by way of illustrative example and should not be construed as a recommendation to purchase, hold or sell such a security nor does it in any manner constitute the provision of investment advice in relation to same. The iMGP Sicav ( hereafter « iMGP » or « iMGP Funds » or « Fund ») has not taken any measures to adapt to each individual investor who remains responsible for his own independent decisions. Any investment in the funds presented on the web site must be made in conformity with the related legal documentation in force (prospectus, Key Investor Information Documents), as approved, where applicable, by the regulatory authority in your country. iMGP Funds is an open-ended umbrella investment company established and regulated in Luxembourg. The iMGP Sicav is not open to citizens or residents of the USA or to any other party deemed to be a US person. iMGP Funds’ current Prospectus and Key Investor Information Document, by –laws and the Annual and Half Yearly Reports of the Fund can be obtained on this website or from the iMGP offices at 5, Allée Scheffer, L-2520 Luxembourg or from the Agents and Representatives listed on this website for the specific jurisdictions where iMGP Funds are registered and this marketing document is intended for use only in those specific jurisdictions. Investors are advised that they should consult the Prospectus before seeking to subscribe. Moreover, investors are also advised to consult their legal, financial or tax advisors before taking any investment decisions.
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Where are you located?
Americas
Asia PAC
Europe
Which best describes you?
Individual Investor
Non-investment professionals who are researching investments for their personal accounts (from small ISA investors through to “high net worth” individuals).
Investment Professional
Investment professionals who provide investment advice to their clients (“advice-givers”).
Institutional
Investment professionals who manage money on a discretionary basis on behalf of others (“money managers”) or who perform fund or manager research.
Dedication to Municipal Bonds: Fund managers have 35 years of industry experience focused solely on municipal bond investing.
Bottom-Up Credit Selection: The strategy emphasizes internally generated, fundamental credit research to identify resilient, investment-grade municipal issuers, offering attractive return potential relative to risk.
Active and Flexible Portfolio Management: The team actively manages sector, state, and maturity exposures seeking to capitalize on mispricings and relative value opportunities across the muni market. The strategy focuses on lower investment-grade securities (A/BBB-rates) and will maintain an intermediate duration.
Internal Credit Ratings and Risk Monitoring: APA assigns proprietary credit ratings to over 4,000 issuers and continuously updates them based on financial disclosures, rating agency outlooks, and stress-testing issuer durability in downturns.
Top-Down Market Context: A macro overlay incorporating economic indicators, yield curve dynamics, and supply/demand conditions helps inform portfolio positioning and overall portfolio structure.
Disciplined Sell Criteria: The team exits positions when credit fundamentals deteriorate, valuations become stretched, or superior relative value emerges, seeking to balance long-term conviction with tactical flexibility.
Fund Information
12/16/2024
Fixed Income
USD $18.0 mm
as of 12/05/2025
USD
-
Share Class Information
12/16/2024
Bloomberg 1-15 Year Municipal Bond Index
USD
No
Distributing
Monthly
US53700T6780
USD $10.1
As of 12/05/2025
0.05% Daily Change
As of 12/05/2025
Asset Class
Fixed Income
Share Class inception Date
12/16/2024
Benchmark
Bloomberg 1-15 Year Municipal Bond Index
ISIN
US53700T6780
Registered Locations
US ✔
APA, was appointed to manage the fund on
12/16/2024.
As the performance shown includes that of previous managers, we have added a chart to show performance of the underlying strategy, which we believe is more relevant to investors.
Since Strategy Implementation
Cumulative
Annualized
Calendar Year
Growth of Investment
* The hypothetical $10,000 investment at fund inception includes changes due to share price and reinvestment of dividends and capital gains. The chart does not imply future performance. Indexes are unmanaged, do not incur fees, expenses or taxes, and cannot be invested in directly. Performance quoted does not include a deduction for taxes that a shareholder would pay on the redemption of fund shares.
US ✔