Funds A-Z

Coronation Strategic Income Fund (P)

Coronation Strategic Income Fund (P)
South African--Multi Asset--Income
Fund Code: CSIB4
Inception Date: 01 October 2012
Regulation 28 Compliant: Yes

Pricing and Rank Information
Latest price 08 July 2020 R 15.11
12 month sector rank76 / 93
12 month overall rank555 / 1315
12 month volatility5.20
Performance as at 08 July 2020 1
InvestedPriceIncomeTotal
3 months 2.64% 1.41% 4.05%
6 months -2.43% 3.39% 0.96%
1 year -3.16% 7.57% 4.41%
3 years -1.69% 25.66% 23.97%
5 years 1.01% 46.81% 47.82%
Fund fee and expense information
Fees
Management company annual fee2 0.52%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 31 March 2020 0.54%
Less management company rebate 0.00%
Total Fund Expense 0.54%
Assets under management
Latest total assetsR 46,775.94m
Assets as at 31 March 2020 R 44,711.95m
Previous quarterR 47,142.15m
MoveR -2,430.20m
Income declaration and payment
Declaration30 June 2020
PaymentR 0.2082

Fees include VAT

  1. Price performances are based on historical price data, using a NAV price by NAV price comparison and exclude management company initial fees. Income performances are based on interest and dividend distributions of the fund.
  2. Management company annual fees are included into price and distributions paid.


Price History

Asset Allocation as at 31 March 2020
Domestic Bonds R 30153.74m (67.44%)  
Foreign Bonds R 4010.66m (8.97%)
Domestic Cash R 8182.29m (18.3%)  
Foreign Cash R 979.19m (2.19%)
Domestic Equity R 80.48m (0.18%)  
Foreign Equity R 0.00m (0%)
Domestic Property R 1135.68m (2.54%)  
Foreign Property R 169.91m (0.38%)

Top Holdings Top Holdings Top Holdings
As at end March 2020 As at end December 2019 As at end September 2019
HOLDING % OF FUND HOLDING % OF FUND HOLDING % OF FUND
Bond Exchange of South Africa 33.71% Bond Exchange of South Africa 35.66% Bond Exchange of South Africa 36.43%
Money Market Instrument 10.85% Money Market Instrument 20.02% Money Market Instrument 24.68%
Foreign - Bonds 7.37% Foreign - Bonds 4.07% Foreign - Bonds 5.25%
Bond Exchange of South Africa 5.24% Property positions individually less than 1% of fund 3.86% Property positions individually less than 1% of fund 3.88%
Cash on call 5.11% Bond Exchange of South Africa 3.06% Cash on call 3.59%
Bond Exchange of South Africa 2.95% Bond Exchange of South Africa 2.80% Bond Exchange of South Africa 3.27%
Money Market - 9 months duration 2.55% Money Market - 12 months duration 2.35% Coronation Jibar Plus Fund 1.80%
Property positions individually less than 1% of fund 2.54% Money Market - 11 months duration 2.33% Coronation Global Strategic USD Income [ZAR] Feeder Fund 1.72%
Bond Exchange of South Africa 2.50% Money Market - 10 months duration 2.15% Bond Exchange of South Africa 1.71%
Bond Exchange of South Africa 2.46% Bond Exchange of South Africa 1.76% Bond Exchange of South Africa 1.59%
Total 75.28% Total 78.06% Total 83.92%

Fund Manager(s)

Nishan Maharaj

Fund Overview
Objective
Strategic Income aims to achieve a higher return than a traditional money market or pure income fund.
Benchmark
110% of the STeFI 3-month index