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  •  Coronation Global Strategic USD Income [ZAR] Feeder Fund (A)

0.94  /  0.57%


NAV on 2021/09/17
NAV on 2021/09/16 163.66
52 week high on 2020/09/25 186.74
52 week low on 2021/06/07 152.18
Total Expense Ratio on 2021/06/30 0.92
Total Expense Ratio (performance fee) on 2021/06/30 0
Incl Dividends
1 month change -1.53% -1.53%
3 month change 3.66% 3.66%
6 month change -1.05% -1.05%
1 year change -8.32% -8.32%
5 year change 2.68% 2.68%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Financials 24.12 0.33%
Liquid Assets 2468.60 34.23%
SA Bonds 124.88 1.73%
Offshore 4594.83 63.71%
  • Top five holdings
  • Performance against peers
  • Fund data  
Management company:
Coronation Fund Managers Ltd.
Formation date:
ISIN code:
Short name:
Global--Multi Asset--Income
110% 3 Month USD LIBOR Index
  • Fund management  
Stephen Peirce
Stephen joined Coronation as a fixed interest portfolio manager in 2010, prior to which he was with Royal London Asset Management. He has a total of 17 years' investment management experience across a wide range of institutional and retail fixed interest products. Stephen currently co-manages the Coronation Global Bond Fund available to institutional investors only.
Nishan Maharaj
Nishan is head of Fixed Interest and responsible for the investment unit’s process and performance across all strategies. He also manages the majority of fixed interest assets. Nishan has 17 years’ investment experience.
Seamus Vasey

  • Fund manager's comment

2020/02/17 00:00:00
The fund aims to achieve a higher return than a US dollar term bank deposit. It is mainly focused on delivering short-term income.
  • Fund focus and objective  
The investment objective of the Coronation Global Strategic USD Income [ZAR] Feeder Fund is to maximize total return, consisting of current income and capital gains, consistent with prudent investment management, primarily through exposure to debt securities listed or traded on Exchanges worldwide. In order to achieve this objective, the securities to be included in the portfolio, except for assets in liquid form, will consist solely of participatory interests or any other form of participation in the Coronation Global Strategic USD Income Fund, a portfolio under the foreign collective investment scheme known as the Coronation Global Opportunities Fund, that reflects the investment objectives of the portfolio and that is operated in a territory with a regulatory environment which is to the satisfaction of the manager and trustee of a sufficient standard to provide investor protection at least equivalent to that in South Africa. The manager may enter into financial transactions for the purpose of hedging exchange rate risk on behalf of the portfolio as legislation permits. The manager will be permitted to invest on behalf of the portfolio in offshore investments as legislation permits. The limit on offshore investments will be in accordance with the requirements for global portfolios as per the ASISA Standard for Fund Classification. For the purposes of this portfolio the manager shall reserve the right to close the portfolio to new investors. This will be done in order to be able to manage the portfolio in accordance with its mandate. This critical size shall be determined from time to time by the manager.

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