Global Capital Plus [ZAR] Feeder

Global - Multi Asset - Low Equity

Diversified exposure to global assets with a focus on capital preservation

FUND DESCRIPTION: Returns in excess of international cash while preserving capital in US dollars over any 12 months. INVESTOR PROFILE: The fund is suitable for investors: Who want conservatively managed exposure to offshore markets. Who are over-exposed to South African investments and seek to diversify their portfolios into a conservatively constructed offshore fund. Seeking exposure to foreign asset markets to access a broader opportunity set. Aiming to better match their existing investment portfolios to their expected future liabilities that are priced in foreign currency terms (examples include healthcare and energy costs). Seeking additional foreign exposure without using their offshore allowance. BENCHMARK: 100% USD 3-month LIBOR + 1.5% FUND MANAGER: Louis Stassen, Tony Gibson and Neil Padoa
LAUNCH DATE: 03 November 2008
FUND SIZE: R 2.24 billion
NAV : 228.05
NUMBER OF A - UNITS: 225 303 977.91
TIME HORIZON: 3 years +
REGULATION 28: No
RISK RATING:

The fund has outperformed US Dollar (in ZAR) cash by 4.4% p.a. (after fees) since launch in 2008.

PERFORMANCE FOR VARIOUS PERIODS
  FUND BENCHMARK OUTPERFORMANCE
Since Launch (unannualised) 116.3% 52.2% 64.1%
Since Launch (annualised) 9.1% 4.9% 4.3%
Latest 5 years (annualised) 12.7% 9.9% 2.7%
Latest 3 years (annualised) 8.1% 6.2% 1.9%
Latest 1 year (7.6)% (9.0)% 1.4%
Year to date (0.4)% (3.2)% 2.9%
MONTHLY PERFORMANCE RETURNS
  201720162015
JAN (1.5)%(1.8)%(0.2)%
FEB (0.4)%1.5%3.0%
MAR 2.5%(2.9)%2.9%
APR 1.1%(2.6)%0.8%
MAY (1.1)%10.9%0.5%
JUN (0.8)%(8.1)%(1.4)%
JUL 1.5%(2.4)%3.0%
AUG (1.5)%7.0%2.6%
SEP  (6.9)%0.8%
OCT  (2.6)%4.5%
NOV  3.9%4.0%
DEC  (1.6)%6.9%
YTD (0.4)%(6.9)%30.7%
INCOME DISTRIBUTIONS
DECLARATION DATE PAYMENT DATE AMOUNT DIVIDEND INTEREST
28 Mar 2013 02 Apr 2013 0.16 0.07 0.09
28 Sep 2012 01 Oct 2012 0.34 0.23 0.11
30 Sep 2008 01 Oct 2008 0.06 0.00 0.06
RISK STATISTICS SINCE LAUNCH
  FUND BENCHMARK
Annualised Deviation 12.2% 13.4%
Sharpe Ratio 0.46 0.00
Maximum Gain 23.7% 0.0%
Maximum Drawdown (14.4)% 0.0%
Positive Months 58.5% 0.0%
BEST AND WORST PERFORMANCE PERIODS
 
Best Performing 12 months 34.80% Jun 2012 - May 2013
Worst Performing 12 months (10.60)% Jun 2016 - May 2017
TOP 10 HOLDINGS
AS AT 30 June 2017 % OF FUND
Coronation Global Emerging Markets Fund 5,2%
Charter Communication A 1,1%
COMCAST CORP CLASS A 1,1%
Pershing Square Holdings 1,1%
British American Tobacco Plc 1,1%
PHILIP MORRIS INT INC 1,0%
INTU Properties 1,0%
Cromwell 1,0%
Blackstone Group 1,0%
Google Inc 1,0%
FEES (EXCL.VAT)
INITIAL FEE Coronation: 0.00%
ANNUAL MANAGEMENT FEE Minimum - standard: 1.50%
Minimum - discounted: 0.85%

An annual fee of a minimum of 0.75% and a maximum of 1.50%, depending on the fund’s performance, is payable. f the fund’s return (after fees and costs) is equal to that of it's benchmark, a fee of 1.50% will be charged. If the fund return is negative over a rolling 24-month period the fee is discounted to 0.85%. Of the annual fee, 0.5% of the above fee is collected at feeder fund level, while the balance of the fee is collected in the master fund. The component of the fund fee charged at feeder fund level is subject to VAT. Other costs that are incurred in the fund include administrative, trading, custody and audit charges. Performance information is disclosed after deducting all fees and other portfolio costs. We do not charge fees to access or withdraw from the fund

TOTAL EXPENSE RATIO (TER) 1,71% per annum, which includes a performance fee of 0%
TRANSACTION COSTS 0,11
ADVICE COSTS (EXCLUDING VAT)

Coronation does not provide financial advice. If you appoint an adviser, advice fees are contracted directly between you and the adviser. We will facilitate the collection of advice fees only upon receiving your instruction, up to a maximum of an initial fee of 3.00% and an ongoing fee of 1.00% per annum (where an initial advice fee of more than 1.50% is selected, the maximum annual advice fee that we will collect is 0.50%). Advice fees are usually collected through the redemption of units. You may cancel the instruction to facilitate the payment of advice fees at any time. Advisers will only share in Coronation fees subject to prior approval by and/or disclosure to the investor. A portion of Coronation’s annual management fee may be paid to administration platforms such as Linked Investment Service Providers (LISPs) as a payment for administration and distribution services.