Strategic Income

South African - Multi Asset - Income

Conservative fund for short term investors requiring an immediate income

FUND DESCRIPTION: Asset allocation across the yielding asset classes. INVESTOR PROFILE: The fund is suitable for investors who are: Looking for an intelligent alternative to cash or bank deposits over periods from 12 to 36 months. Seeking managed exposure to income generating investments. Believers in the benefits of active management within the fixed interest universe. BENCHMARK: 110% of the STeFI 3-month Index FUND MANAGER: Mark le Roux, Nishan Maharaj and Adrian van Pallander
LAUNCH DATE: 02 July 2001
FUND SIZE: R 24.28 billion
NAV : 1 553.88
NUMBER OF A - UNITS: 446 063 586.73
TIME HORIZON: 1 - 3 years
REGULATION 28: Yes
RISK RATING:

Outperformed cash by 3.3% p.a. over the past 5 years and 2.8% p.a. since launch in 2001.

PERFORMANCE FOR VARIOUS PERIODS
  FUND BENCHMARK OUTPERFORMANCE
Since Launch (unannualised) 379.9% 267.5% 112.5%
Since Launch (annualised) 10.5% 8.7% 1.9%
Latest 15 years (annualised) 10.1% 8.6% 1.5%
Latest 10 years (annualised) 8.9% 7.8% 1.1%
Latest 5 years (annualised) 8.6% 6.5% 2.1%
Latest 3 years (annualised) 8.3% 7.0% 1.3%
Latest 1 year 9.7% 7.9% 1.8%
Year to date 1.4% 1.3% 0.2%
MONTHLY PERFORMANCE RETURNS
  2017201620152014201320122011
JAN 0.9%0.7%1.6%(0.6)%0.8%0.8%0.5%
FEB 0.5%0.3%(0.1)%0.8%0.4%0.2%0.6%
MAR  1.5%0.5%1.1%0.9%1.0%0.4%
APR  1.0%0.7%1.0%1.3%1.1%1.0%
MAY  0.9%0.1%0.8%0.0%0.9%1.1%
JUN  0.6%0.4%0.8%(0.4)%1.0%0.7%
JUL  0.9%1.0%0.7%0.5%1.8%0.7%
AUG  1.0%0.4%0.6%0.1%1.0%1.8%
SEP  0.5%0.5%0.4%1.2%0.6%0.7%
OCT  0.3%1.0%0.9%0.8%1.0%1.2%
NOV  0.2%0.3%0.7%0.3%1.0%0.7%
DEC  0.8%0.1%0.3%1.0%0.7%0.7%
YTD 1.4%9.3%6.7%7.6%7.2%11.9%10.5%
INCOME DISTRIBUTIONS
DECLARATION DATE PAYMENT DATE AMOUNT DIVIDEND INTEREST
30 Dec 2016 03 Jan 2017 28.10 0.59 27.51
30 Sep 2016 03 Oct 2016 28.41 1.45 26.96
30 Jun 2016 01 Jul 2016 27.29 1.63 25.66
31 Mar 2016 01 Apr 2016 24.88 1.46 23.42
RISK STATISTICS SINCE LAUNCH
  FUND BENCHMARK
Annualised Deviation 2.7% 0.7%
Sharpe Ratio 0.86 -
Maximum Gain 60.5% -
Maximum Drawdown (1.3)% -
Positive Months 92.0% -
TOP 10 HOLDINGS
AS AT 31 December 2016 % OF FUND
Coronation Management Company 3,1%
Atterbury Investment Holdings 0,8%
Growthpoint Properties Ltd 0,6%
INTU Properties 0,6%
Investec 0,5%
HAMMERSON 0,4%
ACCELERATE PROPERTY FUND LTD 0,4%
Delta Property Fund Ltd 0,4%
Redefine Income Fund 0,4%
Vukile Property Ltd 0,3%
FEES (EXCL.VAT)
INITIAL FEE Coronation: 0.00%
ANNUAL MANAGEMENT FEE 0.85%

An annual fee of 0.85% (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 fund costs. We do not charge fees to access or withdraw from the fund.

TOTAL EXPENSE RATIO (TER) 0,99% per annum, which includes a performance fee of 0%
TRANSACTION COSTS 0.01%
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 adviser, in which case fees are negotiated directly between you and your adviser, 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.