Active Income Plus

South African - Multi Asset - Income

A managed income fund that aims for a higher return than traditional income funds

GENERAL INVESTOR REPORT

FUND DESCRIPTION:

A managed income fund with a larger risk budget, ideal for immediate income investors with a two year plus investment horizon.

INVESTOR PROFILE:

The fund is suitable for investors who are: Looking for a liquid alternative to medium-term fixed deposits (3-5 years). Seeking managed exposure to income generating investments. Believers in the benefits of active management within the fixed interest universe. Looking for a conservatively managed fixed income building block for use as a component of a low to moderate risk multi-asset portfolio appropriate for funding income drawdown commitments.

BENCHMARK:

Alexander Forbes STeFI Composite Index

FUND MANAGER:

Nishan Maharaj and Mauro Longano

LAUNCH DATE: 29 November 2023
TIME HORIZON: 36 months +
REGULATION 28: Yes
RISK RATING:

FEES (EXCL.VAT)
INITIAL FEE Coronation: 0.00%
ANNUAL MANAGEMENT FEE

0.75%

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) 0.87% per annum
TRANSACTION COSTS 0.00
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.