Global Strategic USD Income

Asset allocation across yielding asset classes globally with a US dollar bias

GENERAL INVESTOR REPORT

FUND DESCRIPTION:

Asset allocation across yielding asset classes globally with a US dollar bias.

INVESTOR PROFILE:

The fund is suitable for investors: Looking for an intelligent alternative to US dollar bank deposits. Seeking to utilize their offshore allowance in a conservative manner. Who believe in the benefits of active management in the fixed interest universe. Seeking managed exposure to income-generating investments.

BENCHMARK:

110% of USD 3-month LIBOR

FUND MANAGER:

Stephen Peirce, Nishan Maharaj and Seamus Vasey

LAUNCH DATE: 30 December 2011
FUND SIZE: US$ 289.19 million
NAV (21 March 2019): 1191.27
NUMBER OF A - UNITS: 5515970.25
TIME HORIZON: 1 year +
REGULATION 28: No

Outperformed US Dollar cash by 1.4% p.a (after fees) since launch in December 2011.

Not Available

PERFORMANCE FOR VARIOUS PERIODS AFTER FEES
FUND BENCHMARK OUTPERFORMANCE
Since Launch (unannualised) 18.8% 6.9% 11.8%
Since Launch (annualised) 2.4% 0.9% 1.5%
Latest 5 years (annualised) 1.4% 1.2% 0.2%
Latest 3 years (annualised) 2.1% 1.7% 0.3%
Latest 1 year 1.8% 2.8% (1.0)%
Year to date 1.6% 0.5% 1.1%
MONTHLY PERFORMANCE RETURNS AFTER FEES
2019 2018 2017 2016 2015 2014
JAN 1.3% 0.2% 0.2% (0.5)% 0.4% (0.2)%
FEB 0.3% (0.8)% 0.2% 0.0% 0.2% 0.6%
MAR - 0.1% 0.0% 1.1% (0.2)% 0.3%
APR - 0.2% 0.2% 0.4% 0.4% 0.6%
MAY - (0.1)% 0.2% 0.2% (0.2)% 0.5%
JUN - 0.1% 0.1% (0.2)% (0.2)% 0.1%
JUL - 0.4% 0.1% 0.6% 0.3% 0.2%
AUG - (0.4)% 0.0% 0.2% (0.5)% (0.1)%
SEP - 0.4% 0.1% 0.3% (0.3)% (0.4)%
OCT - 0.1% 0.3% (0.1)% 0.4% 0.3%
NOV - (0.7)% 0.4% (0.1)% 0.2% 0.1%
DEC - 0.1% 0.7% 0.3% (0.4)% (0.3)%
YTD 1.6% (0.5)% 2.4% 2.1% 0.1% 1.7%
INCOME DISTRIBUTIONS
DECLARATION DATE PAYMENT DATE AMOUNT DIVIDEND INTEREST
Not Available Not Available N/A N/A N/A
RISK STATISTICS SINCE LAUNCH
FUND BENCHMARK
Annualised Deviation 1.5% 0.2%
Maximum Drawdown (1.2)% 0.0%
Maximum Gain 5.4% 0.0%
Positive Months 75.6% 0.0%
Sharpe Ratio 1.2% 0.0%
BEST AND WORST PERFORMANCE PERIODS
Best Performing 12 months 7.1% Jan 2012 - Dec 2012
Worst Performing 12 months (1)% Mar 2015 - Feb 2016
FEES (EXCL.VAT)
INITIAL FEE Coronation: 0.00%
ANNUAL MANAGEMENT FEE

0.80%

An annual fee of 0.80% is payable. Other costs that are incurred in the fund include administrative, 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.

TOTAL EXPENSE RATIO (TER) 0.89% per annum, which includes a performance fee of 0%
TRANSACTION COSTS 0.01
ADVICE COSTS (EXCLUDING VAT)

Coronation does not provide financial advice. If you appoint an adviser, advice fees are contracted directly between you and the adviser. We will facilitate the collection of advice fees only upon receiving your instruction, up to a maximum of an initial fee of 3.00% and an ongoing fee of 1.00% per annum (where an initial advice fee of more than 1.50% is selected, the maximum annual advice fee that we will collect is 0.50%). Advice fees are usually collected through the redemption of units. You may cancel the instruction to facilitate the payment of advice fees at any time. Advisers will only share in Coronation fees subject to prior approval by and/or disclosure to the investor. A portion of Coronation’s annual management fee may be paid to administration platforms such as Linked Investment Service Providers (LISPs) as a payment for administration and distribution services.