Coronation Global Managed Fund

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Coronation Global Managed Fund

Coronation Global Managed Fund

Coronation Global Fund Managers (Ireland) Limited
	Coronation Global Managed Fund
		News
		Regional Portfolio Structure(Semi-Annual Comparison)
		Sectorial Portfolio Structure(Semi-Annual Comparison)

Price

Ranking

Sector:	Global-Asset Allocation-Flexible
Size:	(USD) 822 660 000

Sector Rank:	17 out of 93
(lump sum over 3 years to 30 Nov 2024)

Overall Rank:	111 out of 485
(lump sum over 3 years to 30 Nov 2024)

R20000 invested on 30 Nov 2021 was worth R26 457 at 30 Nov 2024
(9.77% annual compound return)

R5000 per month since 30 Nov 2021 was worth R228 833 at 30 Nov 2024
(15.12% annual return compounded monthly)

Please note that offshore fund performance figures are calculated from NAV prices (ie, equivalent to sell-to-sell) and therefore not directly comparable to domestic fund performance figures on this site.

Management
Louis Stassen, BSc, BCom (Hons), CFA
Louis is a founder member and former CIO of Coronation. He is a senior portfolio manager within the investment team responsible for the absolute return unit which he established in 1999. He also co-manages the Coronation Global Capital Plus Fund. Louis has more than 20 years' industry experience and has worked in the investment teams of Allan Gray, Syfrets Managed Assets and Standard Bank in London

Neil Padoa, BEconSci (AcSci), FFA

Humaira Surve

Focus and Objective
The fund provides investors with access to the best investment ideas from around the world, with the aim of maximising long-term capital growth. It blends individual asset selection with limited exposure to some of the best global investment managers to reflect Coronation's view across asset classes, regions and currencies. The intent is to remain fully invested in foreign assets. The fund will hold its exposure to foreign assets in a variety of currencies, primarily the US dollar, British pound, euro and Japanese yen. Our objective is to outperform the global markets as measured by the an equity-biased composite benchmark over a 3 - 5 year period.

Technical Overview
Benchmark:	Composite: 60% MSCI All Country World Index and 40% Barclays Global Bond Aggregate
Base currency:	USD	Minimum lump sum:	$15 000
Domicile	Ireland	Number of unitholders:	3 025
Formation date:	01 Mar 2010	Original price:	USD 10.00
Management fee (p.a.):	3.03%	Performance fee:	15% of the outperformance up to a maximum of 1.50% per annum is payable as a performance fee.

Top holdings on 30 Jun 2024

Share (Sector)	Value (USD)	% of fund
PHILIPMORRIS (Goods & Services)	19 743 840	2.40%
AMAZON.COM (Technology)	19 743 840	2.40%
ALPHABETINCA (Cyclical Goods & Services)	18 098 520	2.20%
BRITUSATABACO (Goods & Services)	17 275 860	2.10%
CANADAPACRAIL (Goods & Services)	17 275 860	2.10%
CHARLESSCHWAB (Financial Services)	17 275 860	2.10%
INTERBROKERS (Financial Services)	17 275 860	2.10%
AIRBUSGROUP (Goods & Services)	15 630 540	1.90%
FLUTTER (Cyclical Goods & Services)	15 630 540	1.90%
CANADANATRAIL (Goods & Services)	15 630 540	1.90%
TOTALS	173 581 260	21.10%