Coronation Absolute B2

The fund aims to achieve a total real return of 6% per annum and to never lose money over a rolling 36-month period. The fund will employ an aggressive application of the absolute philosophy whereby the equity portion of the fund will comprise the Coronation Absolute Team's top stock-picks and high conviction ideas and focus on a maximum of 30 shares. The asset allocation of the fund will be very actively managed, but will most likely be biased towards equity markets over the cycle. The focus will, therefore, be on medium-term capital preservation, while aiming to maximise income and capital growth.

Key stats

Management firm  Coronation Management Co
Domicile  South Africa
Global Branding Name  Coronation
Fund Status  OBSOLETE
Fund currency  ZAR
Net Assets Date  2013-08-31
Net Assets  R1,493,119,701
Launch Date  2004-10-01
Obsolete Date  2013-09-30
ISIN  ZAE000058574
Manager 1 Name  Louis Stassen
Manager 2 Name  Henk Groenewald
Fund Strategy  ZAR/NAD Flexible Allocation
Benchmark  SA CPI (Headline)
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2013-08-31
Return - 1 Month  1.32%
Return - 2 Months  4.00 %
Return - 3 Months  -0.45%
Return - 6 Months  6.68 %
Return - 9 months  13.22 %
Return - 12 Months  19.81%
Annualized return 24 months  16.33 %
Annualized return 36 months  13.55 %
Annualized return 48 months  12.73 %
Annualized return 60 months  11.64 %
Annualized return since Inception  14.22%
Return YTD  10.96%

Ratings

Morning Star Rating Date   2013-08-31
Morning Star Rating - 36 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 60 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  2.68 %

Contact

Contact Address  7th Floor, Montclaire Place, Corner of Campground and Main Road
Contact Address 2  Clairmont, 7708
Contact Address 3  PO Box 993
Contact city  Cape Town
Contact country  South Africa
Fund Admin Group  Coronation Management Co
Web Address  www.coronation.co.za
Email contact  unittrusts@coronation.co.za
Phone  +27 (0)21 680 2000

Price

Last Price Date  2013-09-30
Pre-tax nav  45.72
Price change  R-0.02
Price change (percentage)  -0.04 %

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Ratings Disclaimer

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