Industrial

South African - Equity - Industrial

Category-specific exposure to industrial category equities

GENERAL INVESTOR REPORT

FUND DESCRIPTION:

A sector-specific portfolio of our top industrial stock picks.

INVESTOR PROFILE:

The fund is suitable for investors: Seeking to broaden their equity exposure by including an industrial fund. Who believe that the industrial category offers compelling value. That are not utilising the fund as a single investment but as part of a diversified portfolio.

BENCHMARK:

 FTSE/JSE Industrial Index

FUND MANAGER:

Sarah-Jane Alexander and Adrian Zetler

LAUNCH DATE: 01 July 1998
FUND SIZE: R 1.35 billion
NAV (22 January 2018): 20990.72
NUMBER OF P - UNITS: 6598919.42
TIME HORIZON: 5 years +
REGULATION 28: No
RISK RATING:

The fund outperformed the All Shared Industrial Index since launch in 1998 by 3.3% p.a. and the fund has been a top performer since launch.

Not Available

PERFORMANCE FOR VARIOUS PERIODS
FUND BENCHMARK OUTPERFORMANCE
Since Launch (unannualised) 2,766.6% 1,626.4% 1,140.2%
Since Launch (annualised) 18.8% 15.7% 3.0%
Latest 15 years (annualised) 21.9% 21.5% 0.4%
Latest 10 years (annualised) 16.3% 16.1% 0.2%
Latest 5 years (annualised) 16.9% 15.8% 1.2%
Latest 3 years (annualised) 9.2% 9.7% (0.5)%
Latest 1 year 15.0% 22.5% (7.5)%
Year to date 15.0% 22.5% (7.5)%
MONTHLY PERFORMANCE RETURNS
2017 2016 2015
JAN 3.2% (4.5)% 3.6%
FEB (1.2)% (1.6)% 3.6%
MAR 3.6% 6.9% 0.0%
APR 5.0% 0.3% 3.9%
MAY 1.6% 4.8% (0.8)%
JUN (3.9)% (1.6)% (0.2)%
JUL 4.8% 0.8% 0.9%
AUG 0.6% 3.1% (2.9)%
SEP (0.8)% (3.1)% 2.2%
OCT 7.6% (4.2)% 6.9%
NOV 0.9% (3.1)% (1.5)%
DEC (6.5)% 1.6% (1.7)%
YTD 15.0% (1.2)% 14.6%
INCOME DISTRIBUTIONS
DECLARATION DATE PAYMENT DATE AMOUNT DIVIDEND INTEREST
29 Sep 2017 02 Oct 2017 72.22 69.82 2.40
31 Mar 2017 03 Apr 2017 108.99 107.77 1.22
30 Sep 2016 03 Oct 2016 108.62 107.29 1.33
31 Mar 2016 01 Apr 2016 24.78 24.42 0.36
RISK STATISTICS SINCE LAUNCH
FUND BENCHMARK
Annualised Deviation 15.3% 17.9%
Maximum Drawdown (31.6)% (38.5)%
Maximum Gain 55.8% 61.7%
Positive Months 65.8% 65.0%
Sharpe Ratio 0.6% 0.4%
TOP 10 HOLDINGS
AS AT 31 December 2017 % OF FUND
Naspers Ltd 29.6%
British American Tobacco Plc 9.7%
Compagnie Financiere Richemont SA 8.7%
MTN Group Ltd 8.6%
Spar Group Ltd 4.4%
Mediclinic Internat PLC 3.5%
Netcare Ltd 3.4%
Remgro Ltd 3.2%
Aspen Phamacare Holdings Ltd 3.2%
Pick 'N Pay Stores / Holdings 3.2%
FEES (EXCL.VAT)
INITIAL FEE Coronation: 0.00%
ANNUAL MANAGEMENT FEE

1.00%

An annual fee of 1% (excl. VAT) is payable. 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 portfolio costs. We do not charge fees to access or withdraw from the fund.

TOTAL EXPENSE RATIO (TER) 1.16% per annum, which includes a performance fee of 0%
TRANSACTION COSTS 0.24
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.