CORONATION FUND MANAGERS LIMITED - Assets Under Management And Trading Statement

Assets Under Management And Trading Statement

CORONATION FUND MANAGERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1973/009318/06
Share code: CML
ISIN: ZAE000047353
LEI: 3789001BC9A29E6FF77
(“Coronation” or “the Company”)


              ASSETS UNDER MANAGEMENT AND TRADING STATEMENT


AUM Update

Shareholders are advised that Coronation’s total assets under management (“AuM”) as at
30 September 2022 are R574bn.

Trading Statement

In terms of the JSE Limited Listings Requirements, a listed company is required to publish a
trading statement once it is satisfied that a reasonable degree of certainty exists that financial
results for the next period to be reported on will differ by at least 20% from the financial results
for the prior corresponding period.

The board of directors of Coronation is satisfied that a reasonable degree of certainty exists
that the Company’s earnings will decrease as outlined below. 


Fund management earnings per share (FMEPS) for the year ended 30 September 2022 are
expected to decrease by between 10% to 20% (47.1 to 94.2 cents per share) when compared
to the 470.9 cents per share for the year ended 30 September 2021 (“prior year”). Fund
management earnings are used by management to measure operating financial performance,
being profit for the period excluding the net mark-to-market impact of fair value gains and
losses, and related foreign exchange, on investment securities held. 


Earnings per share (“EPS”), headline earnings per share (“HEPS”) and diluted headline
earnings per share (“DHEPS”) for the year ended 30 September 2022 are expected to decrease
by between 20% to 30% (97.6 to 146.4 cents per share) when compared to the EPS,HEPS and DHEPS
of 487.9 cents per share reported for the prior year. Included in the current year earnings is
the net impact (mark-to-market as well as foreign exchange gains and losses) of unrealised fair value
losses of 20.7 cents per share, compared to gains of 17.0 cents per share in the prior year.  

The financial information on which this trading statement has been based has not been
reviewed and reported on by Coronation’s external auditors. Coronation’s financial results for
the year ended 30 September 2022 will be released on or about 22 November 2022.

Cape Town
20 October 2022 

Sponsor
PSG Capital    

Date: 20-10-2022 03:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.