Global (excl USA) - Institutional
International Core Equity Strategy
INSTITUTIONAL
INVESTMENT OBJECTIVE:
The Coronation International Core Equity Strategy is suitable for investors with a long-term investment horizon that are seeking to invest in a fund that aims to deliver growth by investing primarily in equities and equity related securities in developed and emerging markets outside of the United States. The Strategy aims to outperform the MSCI All Country World ex USA Index over the longer term.
Coronation is a long-term, valuation-driven investment house, focused on bottom-up stock picking. Our aim is to identify mispriced assets trading at discounts to their long-term business value (fair value) through extensive proprietary research. The fund primarily invests in highly rated, liquid money market instruments issued by major South African banks, with additional exposure to foreign banks authorized to operate in South Africa. Our fixed income investment team researches the full spectrum of money market instruments and government securities to capture the best possible returns. The fund's investments are subjected to a strict risk management process.
The value of investments may go down as well as up, and is therefore not guaranteed. Past performance is not necessarily an indication of future performance.
| STRATEGY RETURNS GROSS OF FEES | |||
|---|---|---|---|
| STRATEGY | BENCHMARK* | OUTPERFORMANCE | |
| Since Launch (unannualised) | 58.4% | 31.0% | 27.4% |
| Since Launch (annualised) | 33.7% | 18.6% | 15.1% |
| Latest 1 year | 38.1% | 16.4% | 21.7% |
| Year to date | 42.2% | 26.0% | 16.2% |
| Latest 6 months | 33.5% | 19.8% | 13.7% |
| Latest 3 months | 7.4% | 6.9% | 0.5% |
| Month | 4.1% | 3.6% | 0.5% |
* MSCI ACWI ex USA (Net) Index
The value of investments may go down as well as up, and is therefore not guaranteed. Past performance is not necessarily an indication of future performance.