Global Optimum Growth [USD]

USD Aggressive Allocation

Risk-cognisant long-term fund with an equity bias

GENERAL INVESTOR REPORT

FUND DESCRIPTION:

Unconstrained global fund allocating to our best ideas in developed and emerging markets

INVESTOR PROFILE:

Investors who are building wealth in US dollars, and who are looking for the best growth opportunities available in both developed and emerging markets and accept the possibility of volatility and the risk of short-term losses; are comfortable with allowing Coronation a wide degree of discretion, in allowing us to make both the asset and geographical allocation decisions; do not require an income from their investment.

BENCHMARK:

Primary Benchmark: US CPI + 4%, Secondary Benchmark Composite: 35% MSCI World, 35% MSCI EM, 30% BGBA

FUND MANAGER:

Gavin Joubert, Marc Talpert and Suhail Suleman

LAUNCH DATE: 30 April 2021
FUND SIZE: US$150.41 million
NAV (16 September 2021): 957.26
NUMBER OF A - UNITS: 68747.98
TIME HORIZON: 10 years +
REGULATION 28: No

The Global Optimum Growth fund launched in April 2021 to build on the multi-decade track record of the rand-denominated Optimum Growth Fund.

*Note that this is a new fund and as such does not yet have a track record. As it is the dollar-denominated version of the same investment strategy deployed in the management of the rand-denominated Coronation Optimum Growth Fund, we show the track record of the latter portfolio, converted to USD, to indicate historical results achieved by the strategy.

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

1.35%

An annual fee of 1.35% is payable.

 

Fund expenses 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 any fees to access or withdraw from the fund.

 

The Optimum Growth USD Fund does not yet have a three-year history, therefore investors in this fund should note an estimate TER and TC has been calculated in accordance with the ASISA Standard on the calculation and disclosure of TERs and Transaction Costs (TC).

TOTAL EXPENSE RATIO (TER) 1.42% per annum, which includes a performance fee of 0.00%
TRANSACTION COSTS 0.13