Coronation Global Capital Plus [ZAR] Feeder Fund

Fund Objectives

To achieve real returns on capital in US dollars over a 3 5 year period while preserving capital (in US dollars) over any 12-month period by way of diversified exposure to global assets.

Investment Strategy

The investment objective is to provide investors with steady growth over the medium to long term, measured against a benchmark comprising 50% 3 month USD LIBOR Index and 50% 3-month EURIBOR Index, by investing across multiple asset classes and global markets in a manner that is consistent with prudent investment management. In order to achieve this objective the portfolio will use an active security selection process, combined with a strategy of flexible exposure across asset classes, regions, themes and market sectors. The exposure to equity securities, interest-bearing securities, financial instruments and assets in liquid form may be actively managed and depending on the view of the manager the portfolio may be invested in any of these securities or in any combination thereof. The manager will be permitted to invest in offshore investments and it may also include participatory interests or any other form of participation in collective investment schemes or other similar schemes.

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: 01 Jan 1900
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
3.47% 0.66% 7.84% 11.74% 8.41% -19.56%

Fund and Adviser Fees

Adviser Fees Administration Fees Management Fees
Upfront Annual Standard Manager Discount Effective Annual Fee Total Expense Ratio (TER)
0.00% 0.50% not available not available not available 2.01%

All fees shown exclude VAT. Data provided by Morningstar and Allan Gray / Investec.

What are adviser fees?

Adviser fees are paid to Beanstalk. We do not charge an upfront fee and our annual fee is very low at just 0.50% (+ VAT where applicable).

What are administration fees?

Annual administration fees are charged by Allan Gray Investment Services Proprietary Limited or Investec Management Services (Pty) Ltd for ongoing administation. The fee applicable to your investment depends on the unit trusts you have selected and the value of your investment. A negative annual administration fee means you will pay no annual administration fee and will receive additional units into your account.

What are management fees?

The Fund charges a performance based fee. In the feeder fund a nominal fee of 0.57% (incl VAT) is charged. In the underlying master fund a base fee of 1.00% (VAT exempt) per annum is charged. When the master fund does not preserve capital in dollar terms over a rolling 24-month period, the master fund base fee is discounted to 0.35% (VAT exempt).

Management fees are expenses included in the price of your selected unit trust(s). These expenses are not charged as separate fees, but are built into the unit price of the unit trusts you select. The fees shown include VAT where applicable. Values are calculated using more decimal places than are displayed.

Fund Positioning

This fund is suitable for moderate investments.

Fund Asset Allocation

Asset allocation as of
30 Sep 2018

Tools

Disclaimer

Please note that while every effort is taken to ensure the accuracy of this information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the fund information presented on this page. All data is provided by Morningstar, Allan Gray and Investec.