ACCOUNTS

Actively Managed ETFs

 

An actively managed exchange-traded fund (AMETF) is a fund you buy and sell on the stock exchange, just like any share in a company, while a professional investment team decides which shares and other assets to hold in the fund.

How AMETFs work

Coronation’s AMETFs are listed on the Johannesburg Stock Exchange and can be bought and sold intra-day through a stockbroking or online share trading (OST) account.

Each AMETF gives you access to Coronation’s investment expertise and long-term track record and invests in the same mix of assets as its corresponding Coronation unit trust.

Currently, our AMETFs are only available through a stockbroking or OST account. To invest, simply:

Choose the right AMETF for your needs

Start by deciding which Coronation AMETF best matches your investment goal and risk level.

Log into your OST account and place an order

See our Funds section for more detail on each AMETF along with their relevant JSE codes.

Monitor and review

Track your AMETF as part of your broader investment portfolio, keeping your goals, time horizon, and risk tolerance in mind.

Why choose Coronation AMETFs?

Implement your views via the JSE using a Coronation fund

Coronation’s AMETFs provide a straightforward way to add portfolio diversification and professional active management to an existing share or ETF portfolio.

Simply use your existing OST or stockbroking account, search for the Coronation AMETF you want, and place a buy or sell order just as you would for any other JSE-listed share.

Easy to buy and sell, intra-day

Because AMETFs trade on the JSE, you can buy and sell them throughout the trading day at the market price.

This gives you the flexibility to adjust your portfolio when your needs or market conditions change, while still benefiting from the same underlying portfolio as the corresponding Coronation unit trust.

What are the benefits and limitations?

Benefits

  • On-market access: Buy and sell via your broker or OST platform like any other JSE-listed security.
  • Active management: Portfolios are managed by Coronation’s integrated global investment team, aiming to outperform their benchmarks over time.
  • Additional diversification: Add another layer of diversification to your OST or stockbroking portfolio by accessing a professionally managed basket of shares and other assets in a single trade.
  • Intra-day market pricing: AMETFs trade throughout the day and typically trade close to their underlying net asset value.

Limitations

  • Brokerage account required: You will need a stockbroking or share-trading account; AMETFs are not currently available directly via the Coronation online investing platform.
  • Market price may differ slightly from NAV: Because AMETFs trade on the exchange, the price you receive may be at a small premium or discount to the fund’s underlying value.
  • Different reporting experience: You won’t receive the same quarterly statements and reporting as with Coronation unit trusts; instead, you’ll receive transaction and holding statements from your broker or platform.

Funds

What are my AMETF options?

Choosing an AMETF that fits your goal, time horizon, and risk level is key. Coronation’s JSE-listed AMETFs each provide access to a specific global strategy, from dollar-based income to multi-asset and equity growth.

You invest in rands on the JSE, while the underlying portfolio is invested offshore and managed by our global team.

Long term growth: Equity Only

Equity

Coronation Global Opportunities Equity Feeder AMETF

A global equity fund of funds

Equity

Coronation Global Equity Select Prescient Feeder AMETF

A global equity fund

Equity

Coronation Global Emerging Markets Feeder AMETF

An emerging markets equity fund

Long term growth: Balanced

Multi-Asset

Coronation Global Capital Plus Prescient Feeder AMETF

A conservative global allocation fund

Multi-Asset

Coronation Global Managed Prescient Feeder AMETF

A moderate global allocation fund

Multi-Asset

Coronation Global Optimum Growth Feeder AMETF

An aggressive global allocation fund

Cash Deposit Alternative

Fixed Income

Coronation Global Strategic USD Income Prescient Feeder AMETF

A managed USD income fund

Our insights about AMETFs

Frequently asked questions

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