Market Plus

Worldwide - Multi Asset - Flexible

Maximising long-term returns for discretionary saver

GENERAL INVESTOR REPORT

FUND DESCRIPTION:

Best investment views across all asset classes for discretionary savers.

INVESTOR PROFILE:

The fund is suitable for investors: Building up long-term capital outside of a retirement fund. Requiring a somewhat aggressive capital growth portfolio. Looking to preserve the purchasing power of their capital over the long term. With a time horizon of five years or longer. The fund is not suitable to highly risk-averse investors

BENCHMARK:

Composite (52.5% equity, 22.5% bonds, 20% international, 5% cash)

FUND MANAGER:

Neville Chester, Pallavi Ambekar and Nicholas Stein

LAUNCH DATE: 02 July 2001
FUND SIZE: R 5.01 billion
NAV (22 January 2018): 8398.5
NUMBER OF A - UNITS: 28314720.54
TIME HORIZON: 5 years +
REGULATION 28: No
RISK RATING:

The fund aims to maximise long-term investment growth, at lower levels of risk than a fund only invested in shares. The fund has been a top quartile performer since launch in 2001

Not Available

PERFORMANCE FOR VARIOUS PERIODS
FUND BENCHMARK OUTPERFORMANCE
Since Launch (unannualised) 1,147.8% 783.3% 364.5%
Since Launch (annualised) 16.5% 14.1% 2.4%
Latest 15 years (annualised) 16.5% 15.0% 1.5%
Latest 10 years (annualised) 11.4% 10.7% 0.7%
Latest 5 years (annualised) 11.3% 11.2% 0.0%
Latest 3 years (annualised) 7.1% 8.7% (1.6)%
Latest 1 year 10.4% 13.8% (3.4)%
Year to date 10.4% 13.8% (3.4)%
MONTHLY PERFORMANCE RETURNS
2017 2016 2015
JAN 2.6% (3.1)% 1.4%
FEB (0.2)% 1.1% 2.8%
MAR 2.0% 5.2% (1.1)%
APR 2.1% 1.3% 3.5%
MAY 0.0% 3.4% (1.3)%
JUN (1.8)% (4.1)% (1.5)%
JUL 4.5% 1.5% (0.0)%
AUG 0.6% 3.4% (1.4)%
SEP 0.7% (1.6)% (1.1)%
OCT 4.1% (2.6)% 5.4%
NOV (1.3)% 0.2% (1.0)%
DEC (2.9)% 0.6% 0.6%
YTD 10.4% 5.0% 6.0%
INCOME DISTRIBUTIONS
DECLARATION DATE PAYMENT DATE AMOUNT DIVIDEND INTEREST
29 Sep 2017 02 Oct 2017 128.57 46.49 82.08
31 Mar 2017 03 Apr 2017 106.51 29.12 77.39
30 Sep 2016 03 Oct 2016 118.47 41.35 77.12
31 Mar 2016 01 Apr 2016 74.27 18.84 55.43
RISK STATISTICS SINCE LAUNCH
FUND BENCHMARK
Annualised Deviation 10.6% 10.1%
Maximum Drawdown (24.4)% (23.6)%
Maximum Gain 36.7% 29.3%
Positive Months 67.2% 67.7%
Sharpe Ratio 0.8% 0.6%
BEST AND WORST PERFORMANCE PERIODS
Best Performing 12 months 50% Aug 2004 - Jul 2005
Worst Performing 12 months (20.1)% Mar 2008 - Feb 2009
TOP 10 HOLDINGS
AS AT 31 December 2017 % OF FUND
Coronation Global Opportunities Equity Fund 15.4%
Coronation Global Emerging Markets Fund 6.6%
Naspers Ltd 5.4%
INTU Properties 4.0%
MTN Group Ltd 3.7%
British American Tobacco Plc 3.6%
Standard Bank Group Ltd 2.3%
Anglo American Plc 2.2%
Old Mutual Life Assurance SA 2.2%
Rebosis Property Fund Ltd 2.1%
FEES (EXCL.VAT)
INITIAL FEE Coronation: 0.00%
ANNUAL MANAGEMENT FEE

1.25%

An annual fee of a minimum of 0.75% and a maximum of 2.40% is payable, depending on the fund’s performance. If the fund’s return (after fees and costs) is equal to that of its benchmark plus 2%, an annual fee of 1.25% will be charged. We share in 20% of performance above the benchmark plus 2%, up to a maximum annual total fee of 2.40%. Performance is measured over a rolling 24-month period. When the fund underperforms the benchmark over any 60-month period, the fee is reduced to 0.75%. All fees exclude VAT. Other costs that are incurred in the fund include fees payable to unconnected international fund managers on a portion of assets situated offshore as well as trading, custody and audit charges. All performance information is disclosed after deducting all fees and other portfolio costs.

TOTAL EXPENSE RATIO (TER) 1.67% per annum, which includes a performance fee of 0%
TRANSACTION COSTS 0.13
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.