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Coronation Strategic Income Fund  |  South African-Multi Asset-Income
Reg Compliant
15.8989    +0.0018    (+0.011%)
NAV price (ZAR) Thu 20 Feb 2025 (change prev day)


 
Technical Details  
 

Formation Date (A)

2 Jul 2001

Fund Size (ZAR)

37 772 255 726

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

CSIF

ISIN (A)

ZAE000031522

Pricing

Daily

Number of unitholders

3867

ASISA Category

SA-Multi Asset-Income

Benchmark

110% of the STeFI 3-month index

Income Distributions

31/03,30/06,30/09,31/12

Income Payment

01/04,01/07,01/10,02/01

Trustee

Standard Chartered Bank

Management Company

Coronation Management Company (RF) (Pty) Ltd.

Fund Management

Mauro Longano, Nishan Maharaj

Minimum Investment

R5 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

Low

 
Fund Objective  
 
Strategic Income aims to achieve a higher return than a traditional money market or pure income fund.
 
Management  
 
Mauro Longano (BScEng (Hons), CA (SA))
Mauro is head of Fixed Interest research and a portfolio manager within the team. He co-manages the Strategic Cash Strategy along with the Strategic Income and Money Market unit trust funds. Mauro is also involved in credit research and pricing. He has nine years’ investment experience.

Nishan Maharaj (Bsc (Hons), MBA)
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.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.8625%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/12)0.86%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER0.86%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
31 Dec 20242 Jan 202532.370AZARc
30 Sep 20241 Oct 202433.394AZARc
30 Jun 20241 Jul 202434.186AZARc
31 Mar 20242 Apr 202430.972AZARc
31 Dec 20232 Jan 202434.900AZARc
30 Sep 20232 Oct 202332.709AZARc
30 Jun 20233 Jul 202330.683AZARc
31 Mar 20233 Apr 202330.329AZARc
31 Dec 20223 Jan 202327.930AZARc
30 Sep 20223 Oct 202227.664AZARc
 
Statutory Data
 
Management CompanyCoronation Management Company (RF) (Pty) Ltd.
Registration Number1973/009318/06
DirectorsLulama Boyce, Mary-Anne Musekiwa, Madichaba Nhlumayo, Anton Pillay, Cindy Robertson (Appointed 1 October 2024), Alexandra Watson (Retired from board 30 September 2024)
TrusteeStandard Chartered Bank
AuditorsKPMG
Sponsors-
AdvisorsCoronation Asset Management (Pty) Ltd.
Physical AddressSeventh Floor, MontClare Place cnr Campground & Main Roads Claremont, Cape Town 7708
Postal AddressPO Box 44684 Cape Town 7735
Telephone021-680-2000
Tollfree0800-221-177
Fax021-680-2100
Email[email protected]
Websitehttp://www.coronation.com