Global Managed [ZAR] Feeder

Global - Multi Asset - High Equity

Diversified exposure to global assets with a focus on maximising returns over the long term

FUND DESCRIPTION: Best investment view across global markets. INVESTOR PROFILE: The fund is suitable for investors: Who want managed exposure to offshore markets. Who are over-exposed to South African investments and seek to diversify their portfolios into a growth-oriented multi-asset 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: 60% MSCI All Country World Index and 40% Barclays Global Bond Aggregate FUND MANAGER: Louis Stassen and Neil Padoa
LAUNCH DATE: 29 October 2009
FUND SIZE: R 6.55 billion
NAV : 287.68
NUMBER OF A - UNITS: 596 510 470.56
TIME HORIZON: 5 years +
REGULATION 28: No
RISK RATING:

Number one global multi-asset high equity fund in South Africa since launch in October 2009.

PERFORMANCE FOR VARIOUS PERIODS
  FUND BENCHMARK OUTPERFORMANCE
Since Launch (unannualised) 189.9% 176.2% 13.7%
Since Launch (annualised) 14.9% 14.2% 0.7%
Latest 5 years (annualised) 18.4% 17.7% 0.6%
Latest 3 years (annualised) 9.4% 10.5% (1.1)%
Latest 1 year 5.7% (2.3)% 7.9%
Year to date 4.3% 3.6% 0.7%
MONTHLY PERFORMANCE RETURNS
  201720162015
JAN 0.2%(6.5)%(0.7)%
FEB 0.5%2.6%4.7%
MAR 2.8%1.0%1.7%
APR 2.6%(2.6)%1.8%
MAY (0.7)%10.9%0.3%
JUN (1.0)%(10.1)%(1.5)%
JUL  0.0%2.6%
AUG  7.8%(1.2)%
SEP  (6.6)%(3.7)%
OCT  (2.9)%9.6%
NOV  5.0%4.1%
DEC  (1.3)%6.1%
YTD 4.3%(4.7)%25.6%
INCOME DISTRIBUTIONS
DECLARATION DATE PAYMENT DATE AMOUNT DIVIDEND INTEREST
30 Sep 2013 01 Oct 2013 0.55 0.50 0.05
28 Sep 2012 01 Oct 2012 0.48 0.39 0.09
30 Mar 2012 02 Apr 2012 0.08 0.06 0.02
30 Sep 2011 03 Oct 2011 0.27 0.23 0.04
RISK STATISTICS SINCE LAUNCH
  FUND BENCHMARK
Annualised Deviation 12.8% 11.3%
Sharpe Ratio 0.61 0.63
Maximum Gain 22.7% 24.8%
Maximum Drawdown (12.1)% (12.4)%
Positive Months 65.2% 64.1%
TOP 10 HOLDINGS
AS AT 30 June 2017 % OF FUND
Alphabet Inc 2,6%
Amazon Com Inc 2,3%
L Brands Inc 2,2%
Facebook Inc. 2,1%
Blackstone Group 2,1%
Pershing Square Holdings 2,1%
Walgreen Co 2,0%
Charter Communication A 2,0%
KKR & Co. LP 1,8%
CVS Caremark Corp 1,7%
FEES (EXCL.VAT)
INITIAL FEE Coronation: 0.00%
ANNUAL MANAGEMENT FEE 1.50%

An annual fee of 1.50% (excl. VAT) is payable. 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 fees payable to unconnected international fund managers on a portion of assets situated offshore as well as trading, custody and audit charges. All 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) 1,87% per annum, which includes a performance fee of 0%
TRANSACTION COSTS 0,22
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.