Industrial

South African - Equity - Industrial

Category-specific exposure to industrial category equities

FUND DESCRIPTION: A sector-specific portfolio of our top industrial stock picks. INVESTOR PROFILE: The fund is suitable for investors: Seeking to broaden their equity exposure by including an industrial fund. Who believe that the industrial category offers compelling value. That are not utilising the fund as a single investment but as part of a diversified portfolio. BENCHMARK: FTSE/JSE Industrial Index FUND MANAGER: Sarah-Jane Alexander and Adrian Zetler
LAUNCH DATE: 01 July 1998
FUND SIZE: R 1.26 billion
NAV : 18 608.26
NUMBER OF P - UNITS: 6 791 751.09
TIME HORIZON: 5 years +
REGULATION 28: No
RISK RATING:

Best performing industrial equity fund over 5 years, 10 years and since launch in 1998.

PERFORMANCE FOR VARIOUS PERIODS
  FUND BENCHMARK OUTPERFORMANCE
Since Launch (unannualised) 2471.7% 1365.4% 1106.3%
Since Launch (annualised) 19.1% 15.5% 3.6%
Latest 15 years (annualised) 22.2% 19.5% 2.7%
Latest 10 years (annualised) 15.6% 15.7% (0.1)%
Latest 5 years (annualised) 21.0% 19.1% 1.9%
Latest 3 years (annualised) 13.3% 11.1% 2.2%
Latest 1 year 6.8% 0.1% 6.7%
Year to date 3.2% 4.0% (0.8)%
MONTHLY PERFORMANCE RETURNS
  201720162015
JAN 3.2%(4.5)%3.6%
FEB  (1.6)%3.6%
MAR  6.9%0.0%
APR  0.3%3.9%
MAY  4.8%(0.8)%
JUN  (1.6)%(0.2)%
JUL  0.8%0.9%
AUG  3.1%(2.9)%
SEP  (3.1)%2.2%
OCT  (4.2)%6.9%
NOV  (3.1)%(1.5)%
DEC  1.6%(1.7)%
YTD 3.2%(1.2)%14.6%
INCOME DISTRIBUTIONS
DECLARATION DATE PAYMENT DATE AMOUNT DIVIDEND INTEREST
30 Sep 2016 03 Oct 2016 108.62 107.29 1.33
31 Mar 2016 01 Apr 2016 24.78 24.42 0.36
30 Sep 2015 01 Oct 2015 80.38 77.11 3.27
31 Mar 2015 01 Apr 2015 99.12 93.99 5.13
RISK STATISTICS SINCE LAUNCH
  FUND BENCHMARK
Annualised Deviation 15.4% 18.1%
Sharpe Ratio 0.65 0.35
Maximum Gain 55.8% 61.7%
Maximum Drawdown (31.6)% (38.5)%
Positive Months 65.9% 65.0%
TOP 10 HOLDINGS
AS AT 31 December 2016 % OF FUND
Naspers Ltd 24,4%
Steinhoff International H NV 9,3%
MTN Group Ltd 8,1%
British American Tobacco Plc 7,2%
Compagnie Financiere Richemont SA 5,6%
Aspen Phamacare Holdings Ltd 4,2%
Capevin Holdings 3,9%
Remgro Ltd 3,3%
Al Noor Hospitals Group 3,0%
Pick 'N Pay Stores / Holdings 2,7%
FEES (EXCL.VAT)
INITIAL FEE Coronation: 0.00%
ANNUAL MANAGEMENT FEE 1.00%

An annual fee of 1% (excl. VAT) is payable. Other costs that are incurred in the fund include 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) 1,16% per annum, which includes a performance fee of 0%
TRANSACTION COSTS 0.26%
ADVICE COSTS (EXCLUDING VAT)

Coronation does not provide financial advice and therefore does not charge advice fees. However, investments are often placed on your behalf by a financial advisor, in which case fees are negotiated directly between you and your advisor, within the following ranges:  Initial 0.00% - 3.00%, Ongoing 0.00% - 1.00% when the initial fee is less than 1.50%, 0.00% - 0.50% when the initial fee is more than 1.50%. Sharing of annual management fees: A portion of Coronation’s annual management fee may be paid to administration platforms as a subsidy for administrative and advice costs incurred when investing through these channels. Where commission and incentives are paid, these are included in the overall costs.