Coronation Global Equity Select Fund

Fund Objectives

The Fund aims to give investors access to the best opportunities in global equity markets. The Fund is biased to developed markets and actively seeks out attractively valued shares to maximise long-term growth. The intent is to outperform the global equity benchmark over all periods of five years and longer.

Investment Strategy

The investment objective of the Fund is to produce long term out-performance of the MSCI Daily Total Return ACWI (dividends reinvested net of withholding taxes) USD Index (NDUEACWF as quoted by Bloomberg) primarily through investment in equities and equity related securities in global markets and collective investment 236 schemes ("CIS") which gain exposure to equities and equity related securities in global markets. The Fund’s return will be measured against that of the MSCI Daily Total Return ACWI (dividends reinvested net of withholding taxes) USD Index (NDUEACWF as quoted by Bloomberg) but there is no intention to track the index. It will simply be used as a measurement tool. The MSCI Daily Total Return ACWI (dividends reinvested net of withholding taxes) USD Index is a widely used measure of the performance of equities listed or traded on Recognised Exchanges in global markets.

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: 01 Jan 1900
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
3.43% 5.34% n/a n/a n/a -15.32%

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 1.03%

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 base fee and a performance fee. The base fee is 0.65% (VAT exempt). The performance fee is calculated as 20% of the outperformance of the benchmark over a 24 month rolling period up to a maximum of 1.25% (VAT exempt). When the Fund return is below the benchmark over a rolling 5 year period the fee is discounted to 0.40% (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 aggressive investments.

Fund Asset Allocation

Asset allocation as of
31 Mar 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.