Coronation has in recent years been building a highly competent fixed-interest team. The above average returns are confirmation of the core team's ability to deliver superior performance. Very effective modeling of economic fundamentals and investment strategies is a significant part of their investment decision-making.
Mark le Roux and Tania Miglietta are the portfolio managers and will manage the Multi-Managers Fund of Funds assets in a similar way to which they manage the Coronation Strategic Income Fund. Hence the returns are expected to be similar. The opportunity set for this fund includes property investments and the fund will show exposure to the property sector when the managers sees fit to do so.
Prudential Investment Managers
FUND OBJECTIVES AND FOCUS
This is a multi-managed domestic enhanced income fund. It is primarily aimed at investors seeking high levels of income with a possibility of capital appreciation over the long term. The Fund aims to produce returns superior to those of domestic income unit trust funds in the medium to long term. In order to achieve this the investment mandate allows investment managers to invest in the entire spectrum of interest-bearing securities and listed property, etc.