Coronation Global Managed [ZAR] Feeder Fund

Fund Objectives

The Fund aims to maximise long-term investment growth by investing in a range of opportunities available in public asset markets from around the world. Our intent is to outperform an equity biased benchmark over all five year periods.

Investment Strategy

To maximise long-term capital appreciation, measured against a benchmark comprising 60% MSCI (TR) Index and 40% Citigroup World Government Bond Index, by investing across multiple asset classes and global markets. In order to achieve this objective the portfolio will use an active security selection process, combined with a strategy of variable exposure across asset classes, regions, themes and market sectors. While the portfolio will be managed with an equity bias over time with an expected average equity exposure of between 60% and 70% over any rolling 5 year period, the exposure to equity securities, interest-bearing securities, financial instruments and assets in liquid form in the portfolio may be actively managed according to the investment manager’s view of changing economic and market conditions. The portfolio may be invest in any of these securities or in any combination thereof, subject only to the statutory investment limitations.

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: 16 Sep 2021
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
10.22% 7.35% 7.90% 9.24% n/a -17.52%

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 1.15%

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 underlying fund charges a fixed fee of 0.85% (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
31 Dec 2020



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.