Coronation secures ‘Best Large Fund House’ for the fifth consecutive year
05 March 2015 - Coronation Insights
Coronation Fund Managers received the much sought-after title of Morningstar Best Fund House: Larger Fund Range at the 2015 Morningstar South Africa Fund Awards ceremony held in Cape Town last night. Its top-performing Strategic Income and Industrial funds also took top honours in their respective categories, namely Best Bond Short-term Fund and Best Sector Equity Fund.
The annual Morningstar awards recognise individual funds and firms that have delivered outstanding returns while maintaining prudent risk management. The methodology applied emphasises both competitive returns and the associated level of risk.
Coronation’s head of Personal Investments, Pieter Koekemoer, says: “At Coronation, our sole focus is to earn our clients’ trust year after year. As a long-term investment manager, we measure our success in achieving this objective through our investment track record and our clients’ experience across our range of funds. While we do not manage funds to win awards, to again be named Best Large Fund House by an independent party confirms that we remain on track to deliver superior long-term returns for our clients irrespective of the mandate they invest in.”
Koekemoer however cautions that investors should ensure that the return expectations used when planning their financial affairs remain prudent. “The somewhat subdued returns achieved by local and global equity markets in 2014 is more in line with the average returns we expect for the next several years.”
He adds: “At Coronation, we remain focused on investing with a long-term mindset and ensuring that our complete range of funds continues to meet the varying needs of our clients, whether they choose to invest locally or offshore.”
Earlier this year, Coronation was also named Raging Bull South African Management Company of the Year (for a third consecutive year).
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.