Coronation Market Plus Fund
|
|
|
SECTOR :
|
Domestic - Asset Allocation - Flexible
|
|
MANCO :
|
Coronation Fund Managers Ltd
|
|
BENCHMARK:
|
63% Equity, 22% Bond, 10% International, 5% Cash
|
|
FORMATION DATE:
|
Jul 01
|
|
ORIGINAL PRICE:
|
N/A
|
|
NUMBER OF ACCOUNTS:
|
1 276
|
|
RISK RATING :
|
LOW (1)
|
2
|
MEDIUM (3)
|
4
|
HIGH (5)
|
| Date |
NAV |
| |
|
| |
|
| |
|
| 28 March 2013 |
5874.42 |
| 28 February 2013 |
5733.61 |
| 31 January 2013 |
5738.85 |
|
| Date |
in cpu |
| |
|
| |
|
| October 2012 |
65.66 |
| July 2012 |
60.01 |
| April 2012 |
48.55 |
| January 2012 |
56.75 |
|
|
|
Lump Sum
|
Debit Order
|
| R 5000 |
R 500 |
| Date | Fund Size (R m) | Move (R m) | % Move |
| December 2012 |
R 3114
|
R 249
|
8.69
% |
| September 2012 |
R 2865
|
R 163
|
6.03
% |
| June 2012 |
R 2702 |
R 78 |
2.97 % |
| March 2012 |
R 2624 |
R 168 |
6.84 % |
| December 2011 |
R 2456 |
R 172 |
7.53 % |
| September 2011 |
R2284 |
R 6 |
0.26 % |
| June 2011 |
R 2278 |
R 162 |
7.66 % |
| March 2011 |
R2116 |
R 265 |
14.32 % |
|
Fund Strategies and Objectives
|
Coronation Market Plus Fund aims to maximise returns at a lower level of risk than that of a pure equity investment from a fund managed for investors without specific asset allocation constraints. It will invest primarily in equities through the cycle, but unlike an equity fund, does not have to remain fully invested when we believe that valuation levels are unattractive. It is managed as a suitable single investment option for long-term investors including individuals, trusts, foundations and endowments.
In managing the fund we express our best investment view on the optimal combination of different assets that in our opinion will maximise long-term returns at a reasonable level of risk. The fund can invest in a wide variety of asset classes such as shares, conventional bonds, inflation-linked bonds, listed property and cash, both domestically and internationally. Because it is managed to achieve good long-term results, it will typically have a strong bias towards equities, as this is normally the asset class with the highest expected long-term returns. The equity portion of the fund is concentrated, and the fund will normally not hold more than 40 shares. While there is no specific limit on the level of exposure to shares, foreign assets may not make up more than 20% of the fund.
|
Fund Fees and Commissions
|
|
Management Company
|
Broker
|
Total
|
|
0%
|
3.42%
|
3.42%
|
|
Management Company
|
Broker
|
Total
|
|
N/A
|
N/A
|
3.42%
|
|
Performance Fee
|
Switching Charges
|
Exit Fee
|
|
Not Levied
|
N/A
|
N/A
|
Note : Some fee structures are soo complicated so do make additional research.
|
Fund Top Holdings Trend Analysis
|
| Coming Soon |
| Neville Chester |
 |
| Bcom, CA (SA), CFA |
|
Neville has 13 yearsand#39; investment experience with significant knowledge of the financial sector. He started his career as a research analyst within the financial services team at OMAM analysing banks and co-managing the financial fund. He joined Coronation in August 2000 and in 2001 started managing segregated portfolios. Neville is responsible for the management of aggressive equity portfolios, the Coronation Market Plus Fund (which he has managed since inception in June 2001) and the Coronation Top 20 Fund.
|
Fund Performance
|
|
Fund Size Tracker, Nav Tracker and Points Tracker will be available through Ngcsoft Unit Trust Mobile Edition.
|
|
|
|
|
