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Coronation Global Capital Plus (ZAR) Feeder Fund

Code: COLA

Overview of Coronation Global Capital Plus (ZAR) Feeder Fund

This conservative multi asset fund aims to beat international money market funds, whilst still preserving capital. The Coronation Global Capital Plus (ZAR) Feeder Fund has conservative risk constraints within the foreign markets, however, the fund is subject to currency volatility and thus the rand investor should account for this risk premium and view it as a moderate to high risk fund.

Fund performance

Source: Profile Data

Downloads

Suitable for investors who...

  • Need a one conservative fund solution to offshore exposure
  • Want an alternative to investing offshore without using their offshore allowance
  • Want to broaden their opportunity sets by diversifying into foreign markets
  • Want to diversify an existing portfolio which is invested in largely domestic funds.

Benchmark

Secured Overnight Financing Rate (SOFR) + 1.5%

Strategy of Coronation Global Capital Plus (ZAR) Feeder Fund

The Coronation Global Capital Plus (ZAR) Feeder Fund is broadly diversified across both developed markets (including the US, Europe and Japan) as well as emerging markets. It can invest in all listed asset classes. The Coronation Global Capital Plus (ZAR) Feeder Fund is also able to use ETFs to carry out its investment strategies. The fund aims to be fully invested in foreign assets, having a minimum offshore exposure limit of 85%. The fund has conservative risk constraints within the foreign markets, however, the fund is subject to currency volatility and thus the rand investor should account for this risk premium and view it as a moderate to high risk fund. Exposure to growth assets, which pose more risk than income assets, will typically not exceed 50%

Fund Manager

Neil Padoa

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