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Coronation Balanced Defensive Fund A (0P0000IR64)

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2.397 +0.003    +0.15%
22/11 - Closed. Currency in ZAR
  • Morningstar Rating:
  • Total Assets: 31.89B
Type:  Fund
Market:  South Africa
Issuer:  Coronation Management Co
ISIN:  ZAE000090627 
Asset Class:  Equity
Coronation Balanced Defensive Fund A 2.397 +0.003 +0.15%

0P0000IR64 Overview

 
On this page you'll find an in-depth profile of Coronation Balanced Defensive Fund A. Learn about the key management, total assets, investment strategy and contact information of 0P0000IR64 among other information.
Category

ZAR/NAD Cautious Allocation

Total Assets

31.89B

Expenses

1.49%

Inception Date

Feb 02, 2007

Investment Strategy

The Coronation Balanced Defensive Fund aims to provide growing income and capital while remaining focused on the stability of capital in the medium term. The fund will seek to balance a reasonable level of current income with long-term preservation of capital in real terms. In order to achieve these objectives the portfolio will use an active asset allocation strategy, combined with an appropriate security selection process. The exposure to equity securities, interest-bearing securities, financial instruments and assets in liquid form in the portfolio will be managed to reflect changing economic and market conditions both locally and abroad. The portfolio may be invested in either of these securities or in any combination thereof, subject to the following limitations: In addition to the normal statutory investment limitations, allocations will be appropriate for retirement schemes and exposure to a combination of domestic and foreign equities may not exceed 40%.

Contact Information

Address Clairmont, 7708
Cape Town,
South Africa
Phone +27 21 6802000
Fax +27 (0)21 680 2100

Top Executives

Name Title Since Until
Neill Young - 2021 Now
Pallavi Ambekar - 2018 Now
Charles de Kock Portfolio Manager 2007 Now
Biography Charles is a senior portfolio manager with more than 20 years' investment experience. He plays a leadership role in the asset allocation process and is responsible for the management of a number of balanced retirement funds as well as the core benchmark conscious equity portfolios. These include some our largest retirement fund clients. Charles is also co-manager of the Coronation Balanced Defensive unit trust fund. As a senior member of the team he is involved in all investment discussions, is a regular spokesperson in the media and a popular speaker at client meetings.
Duane Cable - 2015 2018
Biography Duane is a portfolio manager in Ninety One’s Quality team and heads the South African Quality business. He is a co-portfolio manager of the Cautious Managed Fund. As the head of South African Quality research, he leads the research agenda for the South African-focused Quality analysts, and is also responsible for analysing South African stocks. As part of the broader global Quality team, he researches global stocks. Prior to joining the firm he was Head of SA Equities at Coronation Fund Managers. He also managed absolute return strategies, including co-portfolio management of the Coronation Balanced Defensive Fund. Before that he was a manager in the Transaction Advisory Services division of Ernst & Young in New York, involved primarily in financial due diligence advisory services re mergers and acquisitions. Duane has a Bachelor of Commerce Honours (Accounting) from the University of Natal. He is a Chartered Accountant and member of the South African Institute of Chartered Accountants and is a CFA® charterholder.
Henk Groenewald - 2014 2015
Neill Young - 2009 2013
Mark le Roux - 2007 2013
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