Coronation remains SA’s top Management Company

29 January 2015 - Coronation Insights

Coronation Fund Managers was named South African Management Company of the Year for a third consecutive year at the Raging Bull awards ceremony held in Johannesburg last night. The award recognises the SA-domiciled unit trust company with the most consistent overall risk-adjusted performance* across a range of five or more rand-denominated unit trust funds (each with a minimum performance history of five years).

For the second consecutive year, the USD-denominated Coronation Global Managed fund was named Best FSB-approved Offshore Global Asset Allocation Fund. In addition, Coronation Global Managed [ZAR] Feeder alongside Coronation Coronation Global Capital Plus [ZAR] Feeder received the top individual fund rating in their respective categories – both on a risk-adjusted (over three and five years to 31 December 2014) and straight performance (three years to 31 December 2014) basis. 

Coronation’s fixed interest funds also ranked highly. Coronation Strategic Income and Coronation Jibar Plus received the top rating in their respective categories on risk-adjusted performance over the three- and five-year periods. In addition, its building block funds – Coronation Industrial and Coronation Financial – were named top performers on a straight performance basis (see table below for more detail).

Pieter Koekemoer, Coronation’s head of Personal Investments says: “Earning our clients’ trust is a key priority for us at Coronation, and we are delighted to again be named Management Company of the Year. As a long-term manager, we aim to consistently deliver outperformance for our clients over all meaningful periods (which we define as five years or more) and across the various investor needs. We are particularly pleased that the strength of our track record in managing global assets was again recognised in its consistent ability to meet key investor needs.”

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

*as measured by the Plexcrown methodology system


TOP RISK-ADJUSTED PERFORMERS


AWARD CATEGORY


​PLEXCROWN METHODOLOGY


Coronation Global Capital Plus [ZAR] Feeder Fund


​Best SA-Domiciled Global Multi-Asset Low Equity Fund on a Risk-Adjusted Basis

Top performer on a risk-adjusted basis (as measured by the PlexCrown fund rating methodology) over three- and five-year periods to 31 December 2014.


Coronation Global Managed [ZAR] Feeder Fund


Best SA-Domiciled Global Multi-Asset High Equity Fund on a Risk-Adjusted Basis

Top performer on a risk-adjusted basis (as measured by the PlexCrown fund rating methodology) over three- and five-year periods to 31 December 2014.


Coronation Strategic Income Fund


Best SA Multi-Asset Income Fund on a Risk-Adjusted Basis

Top performer on a risk-adjusted basis (as measured by the PlexCrown fund rating methodology) over three- and five-year periods to 31 December 2014.


Coronation Jibar Plus Fund


Best SA Interest-Bearing Short-Term Fund on a Risk-Adjusted Basis

Top performer on a risk-adjusted basis (as measured by the PlexCrown fund rating methodology) over three- and five-year periods to 31 December 2014.

TOP OUTRIGHT PERFORMERS AWARD CATEGORY PLEXCROWN METHODOLOGY

Coronation Global Capital Plus [ZAR] Feeder Fund


Best SA-Domiciled Global Multi-Asset Low Equity Fund

Top performer on a straight performance basis over three years to 31 December 2014 (income distributions reinvested)


Coronation Global Managed [ZAR] Feeder Fund


Best SA-Domiciled Global Multi-Asset High Equity Fund

Top performer on a straight performance basis over three years to 31 December 2014 (income distributions reinvested)


Coronation Industrial Fund


Best SA Equity Industrial Fund

Top performer on a straight performance basis over three years to 31 December 2014 (income distributions reinvested)


Coronation Financial Fund


Best SA Equity Financial Fund

Top performer on a straight performance basis over three years to 31 December 2014 (income distributions reinvested)

OFFSHORE FUND AWARDS AWARD CATEGORY PLEXCROWN METHODOLOGY


Coronation Global Managed [USD] Fund


Best FSB-Approved Offshore Global Asset Allocation Fund


Top performer on a straight performance basis over three years to 31 December 2014 (income distributions reinvested)


Disclaimer

Any information being provided herein (the "Information") including information relating to the Coronation range of funds (the "Funds") are 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 (regulated by the Financial Services Board of South Africa) or one of its affiliated entities (together "Coronation") is the investment manager to the Funds. Coronation Asset Management (Pty) Limited is a subsidiary company of Coronation Fund Managers Limited, 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 in the Funds, nor shall it or the fact of its distribution form the basis of, or be relied upon in connection with, any contract for investment in the Funds. Any such offer shall only be made pursuant to the offering material regarding the Funds. The Funds are subject to management, administration and performance fees. Past performance is not necessarily a guide to future performance. Investors may not receive back the full amount invested and may suffer capital loss. Investments in the Funds may not be readily realisable. 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. All income, capital gains and other tax liabilities that may arise as a result of participating in this investment structure, remain that of the investor.