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.

Coronation’s funds	PlexCrowns	Position on a risk-adjusted basis
Coronation Absolute Fund A	3	16th out of 44
Coronation Balanced Defensive Fund A	5	1st out of 43
Coronation Balanced Plus Fund A	5	5th out of 53
Coronation Bond Fund R	3	8th out of 15
Coronation Equity Fund A	5	7th out of 69
Coronation Financial Fund A	4	2nd out of 6
Coronation Global Emerging Markets Flexible [ZAR] Fund	5	2nd out of 26
Coronation Industrial Fund	5	1st out of 5
Coronation Jibar Plus Fund	3	5th out of 9
Coronation Market Plus Fund A	4	8th out of 44
Coronation Optimum Growth Fund A	3	5th out of 11
Coronation Property Equity Fund A	4	4th out of 19
Coronation Resources Fund A	3	3rd out of 6
Coronation Smaller Companies Fund R	3	5th out of 7
Coronation World Equity [ZAR] Fund of Funds A	5	1st out of 18

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.

Allan Gray’s funds	PlexCrowns	Position on a risk-adjusted basis
Allan Gray Balanced Fund A	5	2nd out of 53
Allan Gray Bond Fund A	4	2nd out of 15
Allan Gray Equity Fund A	4	8th out of 69

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.

Nedgroup Investments’ funds	PlexCrowns	Position on a risk-adjusted basis
Nedgroup Investments Bond Fund A	4	5th out of 15
Nedgroup Investments Bravata Worldwide Flexible Fund A	4	3rd out of 11
Nedgroup Investments Entrepreneur Fund A	4	2nd out of 7
Nedgroup Investments Financials Fund A	5	1st out of 6
Nedgroup Investments Global Balanced Feeder Fund A	3	10th out of 26
Nedgroup Investments Global Equity Feeder Fund A	3	8th out of 18
Nedgroup Investments Growth Fund A	2	48th out of 69
Nedgroup Investments Managed Fund A	3	32nd out of 53
Nedgroup Investments Mining and Resources Fund A	5	1st out of 6
Nedgroup Investments Opportunity Fund A	3	25th out of 53
Nedgroup Investments Quants Core Equity Fund A	3	26th out of 69
Nedgroup Investments Rainmaker Fund A	4	19th out of 69
Nedgroup Investments Stable Fund A	5	4th out of 43
Nedgroup Investments Value Fund A	5	1st out of 11

TABLE 1

PlexCrown domestic CIS manager ranking – overall

CIS MANAGER	Weighted Average PlexCrowns	Rank
Coronation	3.938	1
Allan Gray	3.875	2
Nedgroup Investments	3.729	3
Prudential	3.375	4
Momentum	3.206	5
Oasis	3.125	6
Investment Solutions	3.000	7
Old Mutual	2.990	8
Investec	2.938	9
STANLIB	2.863	10
SIM	2.554	11

 

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 – 2^ND PLACE

Allan Gray

DOMESTIC MANAGEMENT COMPANY OF THE YEAR – 3^RD 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