Coronation recognised at 20th annual Raging Bull Awards

Long-term fund manager, Coronation, was named runner-up South African Management Company of the year at the Raging Bull awards ceremony held in Cape Town this week. The award is calculated using the overall risk-adjusted performance of its unit trust funds with a track record of at least five years to end-December 2015 in those sectors that comprise at least five funds.

For the second consecutive year, two Coronation funds from its international and domestic fixed interest offering received the top rating in their respective categories. Coronation Global Managed [ZAR] Feeder was named Best Global Multi-Asset High Equity Fund, while Coronation Jibar Plus Fund was recognised as the Best South African Interest-Bearing Short-Term Fund. The awards are based on risk-adjusted performance, taking both the three and five year returns to 31 December 2015 into account.

Pieter Koekemoer, Coronation’s head of personal investments commented: “Focusing on the long term allows us to build client portfolios that are able to outperform over meaningful periods, which we define as five years and longer for most funds. We are pleased that the strength of this investment philosophy, which we apply across our entire fund range, continues to be recognised for its consistent ability to add long-term value to client portfolios.”

Koekemoer added: “While we expect the investment environment to remain tough in 2016, our sole objective continues to be maximising long-term outcomes for our investors.”

The annual Raging Bull awards ceremony is hosted by Personal Finance, ProfileData and PlexCrown Fund Ratings.

Disclaimer:
Any information being provided herein (the “Information”) is not designed for use in any jurisdiction or location where the publication or availability of the Information would be contrary to local law or regulation. If you have access to the Information it is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction and it is recommended an investor first obtain appropriate legal, tax, investment or other professional advice prior to acting upon the Information. Coronation Asset Management (Pty) Limited and Coronation Investment Management International (Pty) Limited are authorised Financial Services Providers regulated by the Financial Services Board of South Africa. Coronation Asset Management (Pty) Limited and Coronation Investment Management International (Pty) Limited are subsidiary companies of Coronation Fund Managers Ltd, a company incorporated in South Africa and listed on the JSE (ISIN: ZAE000047353). The Information is for information purposes only and does not constitute or form part of any offer to the public to issue or sell, or any solicitation of any offer to subscribe for or purchase an investment, nor shall it or the fact of its distribution form the basis of, or be relied upon in connection with, any contract for investment. Unit trusts should be considered a medium- to long-term investment. The value of units may go down as well as up, and is therefore not guaranteed. Past performance is not necessarily an indication of future performance. Note that individual investor performance may differ as a result of the actual investment date, the date of reinvestment of distributions and dividend withholding tax, where applicable. Where foreign securities are included in a fund it may be exposed to macroeconomic, settlement, political, tax, reporting or illiquidity risk factors that may be different to similar investments in the South African markets. Fluctuations or movements in exchange rates may cause the value of underlying investments to go up or down. Coronation Management Company (RF) (Pty) Ltd is a Collective Investment Schemes Manager approved by the Financial Services Board in terms of the Collective Investment Schemes Control Act. Unit trusts are traded at ruling prices set on every trading day. Unit trusts are allowed to engage in scrip lending and borrowing. Coronation Fund Managers Limited is a Full member of the Association for Savings & Investment SA (ASISA).Opinions expressed in this document may be changed without notice at any time after publication. Nothing in this document shall constitute advice on the merits of buying and selling an investment.