Coronation regains investment supremacy

Coronation claimed the Raging Bull Award for the best domestic management company of 2012 after relinquishing the title in 2007. The award is based on the most consistent overall risk-adjusted performance of unit trust management companies across asset cl

Coronation claimed the Raging Bull Award for the best domestic management company of 2012 after relinquishing the title in 2007. The award is based on the most consistent overall risk-adjusted performance of unit trust management companies across asset classes over five years, as calculated by PlexCrown Fund Ratings.

According to the PlexCrown Survey for the quarter ended December 2012, Coronation achieved an overall rating of 3.938 out of a maximum of 5.000 PlexCrowns (see TABLE 1). Three of the company’s funds took the top positions in their subcategories.

Coronation Balanced Defensive Fund was the best domestic asset allocation prudential medium equity fund and it also took the Raging Bull Award for the best domestic asset allocation prudential fund on a risk-adjusted basis.

Coronation World Equity [ZA] Fund of Funds was the best foreign equity general fund on a risk-adjusted basis, while Coronation Industrial Fund was the best domestic equity industrial fund on an outright and risk-adjusted basis.

After four years at the helm and although forced into the runner-up position, Allan Gray’s overall rating of 3.875 PlexCrowns continues to be underscored by strong showings on both domestic and foreign fronts.

  
During the final quarter of 2012, Nedgroup Investments significantly closed the gap between itself and the two front-runners to take third spot overall with a rating of 3.729 PlexCrowns.

The investment house’s rating received a major boost by its Stable Fund’s top-notch maiden rating of 5 PlexCrowns, which pushed its total domestic rating to 3.889 PlexCrowns. Nedgroup Investments Financials Fund, Nedgroup Investments Mining and Resources Fund and Nedgroup Investments Value Fund took the honours in their subcategories on a risk-adjusted basis. Nedgroup Investments Financials Fund, Nedgroup Investments Mining and Resources Fund and Nedgroup Investments Entrepreneur Fund received awards based on straight performance.

RAGING BULL AWARDS 2013* (30 January 2013)
*Sponsored and presented by Personal Finance, ProfileData and PlexCrown Fund Ratings

TOP OUTRIGHT PERFORMERS
These are the top performers to December 2012 on a straight performance basis in asset and sector-specific ASISA categories (including the main asset allocation sectors).

Methodology: funds are ranked on a three-year lump-sum NAV to NAV basis (i.e. entry costs not taken into account) with income distributions reinvested at the ex-dividend date.
Calculations by ProfileData.

BEST BROAD-BASED DOMESTIC EQUITY FUND
The fund with the highest ProfileData total investment return ranking over three years in the ASISA Domestic Equity General, Value and Growth sectors:
Sasfin Value Fund

BEST DOMESTIC EQUITY GENERAL FUND
Foord Equity Fund (R Class)

BEST DOMESTIC EQUITY INDUSTRIAL FUND
Coronation Industrial Fund

BEST DOMESTIC EQUITY FINANCIAL FUND
Nedgroup Investments Financials Fund (A Class)

BEST DOMESTIC EQUITY RESOURCES & BASIC INDUSTRIES FUND
Nedgroup Investments Mining and Resources Fund (A Class)

BEST DOMESTIC EQUITY SMALLER COMPANIES FUND
Nedgroup Investments Entrepreneur Fund (A Class)

BEST DOMESTIC EQUITY VALUE FUND
Sasfin Value Fund

BEST DOMESTIC ASSET ALLOCATION FLEXIBLE FUND
36ONE MET Flexible Opportunity Fund

BEST DOMESTIC ASSET ALLOCATION PRUDENTIAL FUND
Includes the Prudential High Equity, Medium Equity, Low Equity and Variable Equity sectors:
Foord Balanced Fund (R Class)

BEST DOMESTIC FIXED-INTEREST FUND
The fund with the highest ProfileData total investment return ranking over three years in the ASISA Domestic Fixed-Interest Bond and Income sectors:
STANLIB Bond Fund (A Class)

BEST DOMESTIC FIXED-INTEREST BOND FUND
STANLIB Bond Fund (A Class)

BEST DOMESTIC FIXED-INTEREST INCOME FUND
Old Mutual Income Fund (R Class)

BEST DOMESTIC REAL ESTATE FUND
Coronation Property Equity Fund (A Class)

BEST FOREIGN (SA DOMICILED) EQUITY FUND
The fund with the highest ProfileData total investment return ranking over three years in the ASISA Foreign Equity General sector:
Old Mutual Global Equity Fund (A Class)

BEST OFFSHORE GLOBAL EQUITY FUND
The fund with the highest ProfileData total investment return ranking over three years in ProfileData's Offshore Global - Equity - General sector:
Franklin Global Small-Mid Cap Growth Fund

BEST OFFSHORE EUROPE EQUITY GENERAL FUND
Franklin European Growth Fund

BEST OFFSHORE FAR EAST EQUITY GENERAL FUND
Investec GSF Asian Equity Fund

BEST OFFSHORE USA EQUITY GENERAL FUND
Lloyds TSB Offshore North American Fund

BEST OFFSHORE GLOBAL FIXED-INTEREST BOND FUND
STANLIB Global Bond Fund

TOP RISK-ADJUSTED PERFORMERS
Top performers to December 2012 on a risk-adjusted basis in the asset allocation and real estate sectors, plus the largest other ASISA sectors based on market cap. The PlexCrown system, which incorporates risk-adjusted returns and consistency of performance, is used to rank funds for these awards.

Methodology: the PlexCrown system combines risk-adjusted returns based on performance statistics from ProfileData with standard risk measures, consistency measures, and measures of downside risk and managerial skill. Performance over five-year and three-year periods is taken into account.

BEST DOMESTIC ASSET ALLOCATION FLEXIBLE FUND ON A RISK-ADJUSTED BASIS
The fund with the highest PlexCrown rating over five years in the ASISA Domestic Asset Allocation Flexible sector:
Rezco Value Trend Fund

BEST WORLDWIDE ASSET ALLOCATION FLEXIBLE FUND
Efficient Worldwide Flexible Fund

BEST FOREIGN ASSET ALLOCATION FLEXIBLE FUND
RE:CM Global Feeder Fund (A Class)

BEST DOMESTIC ASSET ALLOCATION PRUDENTIAL FUND ON A RISK-ADJUSTED BASIS
The fund with the highest PlexCrown rating over five years in the ASISA Domestic Asset Allocation Prudential High Equity, Medium Equity, Low Equity and Variable Equity sectors:
Coronation Balanced Defensive Fund (A Class)

BEST DOMESTIC ASSET ALLOCATION PRUDENTIAL MEDIUM EQUITY FUND
Southern Charter MET Balanced Fund of Funds

BEST DOMESTIC ASSET ALLOCATION PRUDENTIAL LOW EQUITY FUND
Coronation Balanced Defensive Fund (A Class)

BEST DOMESTIC ASSET ALLOCATION PRUDENTIAL VARIABLE EQUITY FUND
Foord Balanced Fund (R Class)

BEST DOMESTIC ASSET ALLOCATION PRUDENTIAL HIGH EQUITY FUND
Southern Charter MET Growth Fund of Funds

BEST DOMESTIC GENERAL EQUITY FUND ON A RISK-ADJUSTED BASIS
The fund with the highest PlexCrown rating over five years in the ASISA Domestic Equity General sector:
Marriott Dividend Growth Fund (R Class)

BEST DOMESTIC FIXED-INTEREST BOND FUND ON A RISK-ADJUSTED BASIS
Oasis Bond Fund

BEST FOREIGN EQUITY GENERAL FUND ON A RISK-ADJUSTED BASIS
Coronation World Equity [ZAR] Fund of Funds (A Class)

BEST REAL ESTATE FUND ON A RISK-ADJUSTED BASIS
The fund with the highest PlexCrown rating over five years in the ASISA Domestic - Real Estate - General sector:
STANLIB Multi-Manager Flexible Property Fund (A Class)

BEST OFFSHORE GLOBAL ASSET ALLOCATION FUND ON A RISK-ADJUSTED BASIS
The fund with the highest PlexCrown rating in ProfileData's Offshore Global Asset Allocation Flexible and Prudential sectors:
Investec GSF Global Strategic Managed Fund (A Acc Class)

BEST OFFSHORE GLOBAL FIXED-INTEREST BOND FUND ON A RISK-ADJUSTED BASIS
STANLIB Global Bond Fund

BEST OFFSHORE GLOBAL EQUITY GENERAL FUND ON A RISK-ADJUSTED BASIS
RE:CM Global Fund

TOP MANAGEMENT COMPANIES OF THE YEAR
The unit trust management companies with the most impressive and most consistent overall performance across their families of funds, taking into account all factors (performance, risk-management and consistency).

Methodology: The award is based on the highest average PlexCrown rating for the suite of funds managed by each management company. Passive funds and funds in non-ranked sectors (e.g. varied specialist sectors) are not taken into consideration.

DOMESTIC MANAGEMENT COMPANY OF THE YEAR
The SA-domiciled management company with the best overall performance across sectors consisting of a suite of five or more rand-denominated funds with at least three years’ history:
Coronation

DOMESTIC MANAGEMENT COMPANY OF THE YEAR – 2ND PLACE
Allan Gray

DOMESTIC MANAGEMENT COMPANY OF THE YEAR – 3RD PLACE
Nedgroup Investments

OFFSHORE MANAGEMENT COMPANY OF THE YEAR
The overseas-domiciled management company with the best overall performance across sectors consisting of a suite of five or more non-rand-denominated funds with at least three years’ history:
Lloyds