Coronation last month won the Raging Bull Award for the Management Company of the Year for the fifth time. The Raging Bull awards are arguably the most prestigious honours bestowed on South Africa’s unit trust managers. In addition to acknowledging the investment skills of the managers who run these funds, the Raging Bull awards help investors identify funds in which to place their hard-earned savings.
Allan Gray was runner-up for the Management Company of the Year Award and Nedgroup Investments was in third position. The award is based on the performance of all a company’s funds under management on a risk-adjusted basis for periods up to five years to the end of 2013.
Coronation funds comprised the largest portion of Investonline recommended portfolios which has contributed to our exceptional returns. In 2013 Investonline’s Aggressive, Moderate and Conservative portfolios grew 26%, 22% and 16% respectively resulting in outperforming the industry average by 6%, 5% and 4% respectively. Since inception (March 2010) our average annual returns are 17%, 14% and 9% for our Aggressive, Moderate and Conservative portfolios respectively, an overall average annual 2% out-performance.
|
2013 Performance |
Out-performance |
Average annual return since inception |
|
| Aggressive |
26% |
6% |
17% |
| Moderate |
22% |
5% |
14% |
| Conservative |
16% |
4% |
9% |
Every six months our platform is updated in order to offer our clients premium branded funds, which are believed to be the top performing funds. Below is a summary of the latest fund changes, effective from 1st of February 2014:
Local funds added
1. Coronation Optimum Growth Fund
2. 36ONE MET Equity Fund
3. Rezco Value Trend Fund
4. Cadiz Absolute Yield Fund
5. Prudential Enhanced SA Property Tracker Fund
6. Stanlib Balanced Fund
Funds closed to new investors
1. SIM Global Best Ideas Feeder Fund
2. Atlantic Enhanced Income PSG Fund
3. Marriott Core Income Fund
4. Stanlib Property Income Fund
