Top
CITADEL INVESTMENT SERVICES PROPRIETARY LIMITED IS AN AUTHORISED FINANCIAL SERVICES PROVIDER.

IE popup

To enhance your experience of our website, we recommend that you use Edge, Chrome or Firefox, as your current web browser is out of date.

DOWNLOAD LATEST WEB BROWSERS Close

Citation – Fourth Quarter 2021

FUND PERFORMANCE

FOURTH QUARTER 2021


Estimated reading time: 10 minutes 0 seconds

DOMESTIC SOLUTIONS RISK PROFILE

income assets

Citadel SA Money Market H4 Fund
Citadel SA Income H4 Fund
Citadel SA Bond H4 Fund
Citadel Preference Share Model Portfolio

capital preservation

Citadel SA Multi-Strategy H4 QIHF
Citadel SA Multi-Strategy H4 RIHF
Citadel SA Protected Equity H4 Fund

multi-asset

Citadel Balanced H4 Fund
Citadel Worldwide Flexible H4 Fund
H4 Stable Fund
H4 Diversified Fund
H4 Growth Fund
H4 CPI +6% Fund

long-term growth

Citadel SA Equity H4 Fund
Citadel SA 20/20 Equity H4 Fund
Citadel Global Equity H4 Fund
Citadel SA Dividend Equity H4 Fund
Citadel SA Multi-Factor Equity H4 Fund
H4 Focused Wealth Fund
H4 Worldwide Equity Fund
Citadel 20/20 Equity Model Portfolio
Citadel Equity Income Model Portfolio
Citadel Value Equity Model Portfolio
Citadel SA Property H4 Fund
Citadel SA Property Model Portfolio

INTERNATIONAL SOLUTIONS RISK PROFILE

income assets

PEREGRINE GLOBAL BOND FUND

capital preservation

PEREGRINE US PROTECTED EQUITY FUND

multi-asset

PEREGRINE GLOBAL BALANCED FUND

long-term growth

PEREGRINE GLOBAL MULTI-STRATEGY EQUITY FUND
PEREGRINE GLOBAL THEMATIC EQUITY FEEDER FUND
PEREGRINE GLOBAL EQUITY FUND
PEREGRINE GLOBAL DIVIDEND FUND
CITADEL GLOBAL GREATS MODEL PORTFOLIO
CITADEL GLOBAL HIGH DIVIDEND MODEL PORTFOLIO
CITADEL DEVELOPED WORLD VALUE EQUITY MODEL PORTFOLIO
CITADEL GLOBAL MACRO MODEL PORTFOLIO
PEREGRINE GLOBAL REAL ESTATE FUND
CITADEL GLOBAL PROPERTY MODEL PORTFOLIO

ASSET CLASSES AND ECONOMIC DATA

Scroll to the right to view the full data table

ASSET CLASSES AND ECONOMIC DATA
FUND COSTS AS AT 31 DECEMBER 2021 AMF (incl. VAT) FY TER ASISA TER TC TIC NOTES
RETURNS FOR PERIODS LONGER THAN 1 YEAR ARE ANNUALISED
ASSET CLASSES AND ECONOMIC DATA
(Performance in rand)
STeFI 3-month Total Return Index South African Money Market 0.90% 3.60% 5.10% 5.90%
FTSE/JSE All Bond Index South African Bonds 2.90% 8.40% 9.10% 9.10%
FTSE/JSE All Share Index South African Equity 15.10% 29.20% 15.70% 11.40%
ICE BofAML US Treasury Index US Bonds 6.40% 6.10% 7.80% 6.40%
MSCI AC World Index (Net) Global Equity 13.20% 28.80% 24.60% 18.00%
MSCI AC World High Dividend Yield Index (Net) Global Equity (High Dividend Yielding) 12.90% 24.20% 16.90% 13.20%
MSCI Emerging Markets Index (Net) Emerging Market Equity 4.70% 5.90% 14.80% 13.30%
SA CPI South African Inflation 1.10% 5.60% 4.20% 4.40% 1
ZAR/USD 6.10% 8.70% 3.50% 3.10%
(Performance in US dollar)
FTSE/JSE All Bond Index South African Bonds -3.00% -0.20% 5.40% 5.70%
ICE BofAML US Treasury Index US bonds 0.30% -2.40% 4.20% 3.10%
FTSE/JSE All Share Index South African Equity 8.50% 18.90% 11.80% 8.00%
MSCI AC World Index (Net) Global Equity 6.70% 18.50% 20.40% 14.40%
MSCI AC World High Dividend Yield Index (Net) Global Equity (High Dividend Yielding) 6.50% 14.30% 12.90% 9.70%
MSCI Emerging Markets Index (Net) Emerging Market Equity -1.30% -2.50% 10.90% 9.90%

NOTES:

  1. September 2021 CPI was not available at the time of publication and an estimate was used.

Sources: Morningstar and Refinitiv

PORTFOLIO PERFORMANCE

Scroll to the right to view the full data table

PERFORMANCE TABLES - CITADEL CITATION
PERFORMANCE AS AT 31 DECEMBER 2021 (%) 1 YEAR 3 YEARS 5 YEARS SINCE INCEPTION INCEPTION DATE NOTES
RETURNS FOR PERIODS LONGER THAN 1 YEAR ARE ANNUALISED
UNIT TRUSTS
(Performance in rand)
INTEREST BEARING
Citadel SA Money Market H4 Fund South African - Interest Bearing - Money Market 3.90% 5.70% 6.50% 6.50% 01-Sep-13
Benchmark: STeFI 3-month Total Return Index 3.60% 5.10% 5.90% 6.00%
Citadel SA Income H4 Fund South African - Interest Bearing - Short Term 4.70% 6.20% 7.10% 7.20% 05-Nov-14
Benchmark: STeFI Composite Total Return Index 3.80% 5.50% 6.20% 6.40%
Citadel SA Bond H4 Fund South African - Interest Bearing - Variable Term 7.20% 9.20% 9.30% 8.90% 08-Aug-01
Benchmark: FTSE/JSE All Bond Index 8.40% 9.10% 9.10% 9.30%
RETAIL HEDGE FUNDS
Citadel Multi-Strategy H4 RI Hedge Fund SA - Multi-Strategy Hedge Fund -11.80% -11.20% -5.20% -4.00% 01-Sep-16
Benchmark: STeFI 3-month Total Return Index + 3% 6.70% 8.20% 9.00% 9.10%
Peregrine Capital High Growth H4 RI Hedge Fund A Class Worldwide - Multi-Strategy Hedge Fund 11.20% 13.10% 02-Dec-19 10
Benchmark: (ASISA) South African MA High Equity 20.30% 12.60% 11
Peregrine Capital Pure Hedge H4 RI Hedge Fund A Class Worldwide - Multi-Strategy Hedge Fund 4.80% 7.60% 03-Feb-20 10
Benchmark: (ASISA) South African MA Low Equity 13.50% 9.10% 12
QUALIFIED INVESTOR HEDGE FUNDS
Citadel Multi-Strategy H4 QI Hedge Fund SA - Multi-Strategy Hedge Fund 9.30% 9.00% 7.00% 6.70% 01-Nov-16 9
Benchmark: STeFI 3-month Total Return Index + 3% 6.70% 8.20% 9.00% 9.10%
Peregrine Capital High Growth H4 QI Hedge Fund A Class Worldwide - Multi-Strategy Hedge Fund 12.60% 14.30% 10.80% 10.90% 01-Dec-16 9,10
Benchmark: (ASISA) South African MA High Equity 20.30% 11.50% 8.00% 8.00% 11
Peregrine Capital Pure Hedge H4 QI Hedge Fund A Class Worldwide - Multi-Strategy Hedge Fund 6.60% 10.70% 9.70% 9.60% 01-Dec-16 9,10
Benchmark: (ASISA) South African MA Low Equity 13.50% 9.00% 7.30% 7.30% 12
MULTI-ASSET
Citadel Balanced H4 Fund South African - Multi Asset - High Equity 19.90% 10.90% 7.90% 9.30% 01-Apr-11
Benchmark: 5% ICE BofA US Treasury Index; 30% FTSE/JSE All Bond Index; 45% FTSE/JSE Capped All Share Index; 20% MSCI AC World Net Index 22.70% 15.50% 12.20% 12.20% 2
Citadel SA Managed Volatility Equity H4 Fund South African - Multi Asset - Flexible 14.30% 7.00% 6.90% 6.80% 02-Feb-15 8
Benchmark: 60% FTSE/JSE Top 40, 40% STeFI Composite 18.20% 12.40% 10.20% 8.40%
Citadel Worldwide Flexible H4 Fund Worldwide - Multi Asset - Flexible 23.80% 14.80% 9.80% 17-Oct-17
Benchmark: SA CPI +4% 9.90% 8.40% 8.50% 13
MULTI-ASSET (REAL RETURN SOLUTION)
H4 Stable Fund South African - Multi Asset - Low Equity 16.10% 11.00% 9.40% 7.90% 01-Jul-15 1
Benchmark: SA CPI +2% 7.70% 6.30% 6.50% 6.70% 13
H4 Diversified Fund South African - Multi Asset - High Equity 22.50% 13.40% 10.40% 8.50% 22-May-13
Benchmark: SA CPI +4% 9.90% 8.40% 8.60% 9.10% 13
H4 Growth Fund Worldwide - Multi Asset - Flexible 24.50% 14.70% 11.40% 8.70% 22-May-13
Benchmark: SA CPI +6% 12.00% 10.50% 10.60% 11.20% 13
H4 Worldwide Equity Fund Worldwide - Equity - General 28.60% 18.40% 13.00% 10.70% 22-May-13
Benchmark: SA CPI +7% 13.00% 11.50% 11.70% 12.20% 13
H4 Managed Fund South African - Multi Asset - Flexible 24.10% 13.60% 8.30% 21-Nov-17 7
Benchmark: SA CPI +6% 12.00% 10.50% 10.70% 13
EQUITY
H4 Focused Wealth Fund South African - Equity - General 22.60% 8.10% 5.40% 9.90% 06-Oct-11
Benchmark: 80% FTSE/JSE Capped Top 40 Index (J300T) , 20% STeFI Composite 25.10% 14.20% 11.20% 12.30%
Citadel SA 20/20 Equity H4 Fund South African - Equity - General 25.50% 12.20% 8.50% 09-May-17
Benchmark: FTSE/JSE Capped Top 40 Index (J300T) 30.70% 15.90% 11.20% 3
Citadel SA Multi-Factor Equity H4 Fund South African - Equity - General 28.20% 13.40% 10.80% 7.30% 18-Jun-15
Benchmark: FTSE/JSE Capped All Share Index (J303T) 31.70% 15.70% 11.40% 9.00% 4
Citadel Global Equity H4 FoF Global - Equity - General 26.70% 21.20% 15.60% 9.80% 06-Nov-02
Benchmark: MSCI AC World Net (in Rand) 28.80% 24.60% 18.00% 11.70% 5
Citadel Worldwide Equity H4 Fund 27.30% 8.70% 01-Feb-20
Benchmark: 50% FTSE/JSE Capped All Share Index (J303T),50% MSCI World Index (in Rand) 32.60% 23.20%
PROPERTY
Citadel SA Property H4 Fund South African - Real Estate - General 37.50% -4.50% -5.30% -1.00% 10-Dec-14
Benchmark: FTSE/JSE All Property Index 38.60% -3.40% -4.60% -0.50% 6

NOTES:

  1. H4 Stable Fund’s inception date is 31 May 2013. Strategy changed on 1 July 2015 and prior performance history was lost.
  2. Composite benchmark changed from 1 September 2019.
  3. FTSE/JSE Top 40 Index (J200T) before 5 March 2018
  4. FTSE/JSE All Share Index before 1 June 2018
  5. MSCI World Net (in Rand) before 1 April 2011.
  6. FTSE/JSE Listed Property Index prior to 1 May 2019
  7. H4 CPI + 6% prior to name change on the 1 March 2021.
  8. SA Protected Equity prior to name change on 1 April 2021
  9. Only ‘Qualified Investors’ which meet prescribed requirements are permitted to invest in this fund. Please speak to your financial advisor if you have any questions.
  10. A class returns reflected – actual client returns may vary due to equalisation shares
  11. The Peregrine Capital High Growth Funds do not have a benchmark and do not contribute towards the return of the ASISA SA Multi Asset – High Equity Category. The data for the ASISA SA Multi Asset – High Equity Category is provided for comparative purposes.
  12. The Peregrine Capital Pure Hedge Funds do not have a benchmark and do not contribute towards the return of the ASISA SA Multi Asset – Low Equity Category. The data for the ASISA SA Multi Asset – Low Equity Category is provided for comparative purposes.
  13. December 2021 CPI was not available at the time of publication and an estimate was used.

Scroll to the right to view the full data table

PERFORMANCE TABLES - CITADEL CITATION
USD PERFORMANCE AS AT 31 DECEMBER 2021 (%) 1 YEAR 3 YEARS 5 YEARS SINCE INCEPTION INCEPTION DATE NOTES
RETURNS FOR PERIODS LONGER THAN 1 YEAR ARE ANNUALISED
INTERNATIONAL SOLUTIONS (FSCA Approved)
(Performance in US dollar)
INTEREST BEARING
Peregrine Enhanced USD Cash Fund US - Interest Bearing - Short Term -0.30% 0.70% 25-Jul-19
Benchmark: ICE BofA 3M US Treasury Bill Index 0.00% 0.70%
Peregrine US Bond Fund USD Share Class US - Interest Bearing -2.90% 0.90% 2-Sep-19
Benchmark: ICE BofA US Treasury Index -2.40% 1.60%
ALTERNATIVE
Peregrine US Managed Volatility Equity Fund USD Class R US - Multi-Asset - Flexible 16.60% 11.70% 7.20% 7.40% 27-Oct-16 4
Benchmark: 60% S&P 500, 40% USD Overnight Cash 16.30% 15.40% 11.20% 11.40%
MULTI-ASSET
Peregrine Global Balanced Global - Multi Asset - High Equity 13.10% 12.90% 9.40% 5.70% 1-Feb-11 2
Benchmark: 30% ICE BofA US Treasury Index, 70% MSCI AC World Net US$ 12.00% 15.60% 11.40% 8.20%
EQUITY
Peregrine Global Greats Fund Class R USD Global - Equity - General 21.30% 18.50% 14.40% 10.60% 3-Aug-12
Benchmark: MSCI World (Net) in US$ 21.80% 21.70% 15.30% 12.40% 3
Peregrine Global Multi-Strategy Equity USD Global - Equity - General 16.70% 15.90% 10.70% 4.00% 3-Jun-00
Benchmark: MSCI AC World Net US$ 18.50% 20.40% 14.40% 5.50% 1
PROPERTY
Peregrine Global Real Estate Fund R Class Global - Real Estate 35.30% 16.40% 10.10% 7.20% 25-Apr-15
Benchmark: MSCI World REITS Net US$ 36.00% 17.60% 11.20% 8.70%

NOTES:

  1. MSCI World (Net) in US$ before 1 April 2011.
  2. 30% FTSE WGBI (hedged to US$), 70% MSCI AC World Net US$ before 1 September 2019.
  3. MSCI AC World Net US$ before 1 January 2018.
  4. Peregrine US Protected Equity Fund prior to name change on the 1st of December 2020.

Scroll to the right to view the full data table

PERFORMANCE TABLES - CITADEL CITATION
ZAR PERFORMANCE AS AT 31 DECEMBER 2021 (%) 1 YEAR 3 YEARS 5 YEARS SINCE INCEPTION INCEPTION DATE NOTES
RETURNS FOR PERIODS LONGER THAN 1 YEAR ARE ANNUALISED
INTERNATIONAL SOLUTIONS (FSCA Approved)
(Performance in rand)
INTEREST BEARING
Peregrine Enhanced USD Cash Fund US - Interest Bearing - Short Term 8.30% 6.60% 25-Jul-19
Benchmark: ICE BofA 3M US Treasury Bill Index 8.70% 6.60%
Peregrine US Bond Fund USD Share Class US - Interest Bearing 5.50% 3.10% 2-Sep-19
Benchmark: ICE BofA US Treasury Index 6.10% 3.80%
INTEREST BEARING (HEDGED TO RAND)
Peregrine Enhanced USD Cash Fund ZAR Share Class US - Interest Bearing - Short Term (Hedged to rand) 4.50% 4.90% 22-Jul-20
Benchmark: ICE BofA 3M US Treasury Bill Index (Hedged to rand) 4.60% 4.40%
Peregrine US Bond Fund ZAR Share Class US - Interest Bearing (Hedged to rand) 5.20% 6.20% 2-Sep-19
Benchmark: ICE BofA US Treasury Idx (50% Hedged to rand) 4.30% 5.50%
ALTERNATIVE
Peregrine US Managed Volatility Equity Fund USD Class R US - Multi-Asset - Flexible 26.70% 15.60% 10.50% 10.30% 27-Oct-16 6
Benchmark: 60% S&P 500, 40% ICE BofA SOFR Index 26.40% 19.50% 14.70% 14.40%
ALTERNATIVE (HEDGED TO RAND)
Peregrine US Managed Volatility Equity Fund Class R ZAR Share Class US - Multi-Asset - Flexible (Hedged to rand) 26.60% 24.80% 1-Dec-20
Benchmark: 60% S&P 500, 40% ICE BofA SOFR Index (50% Hedged to Rand) 24.40% 22.10%
MULTI-ASSET
Peregrine Global Balanced Global - Multi Asset - High Equity 22.90% 16.80% 12.80% 13.70% 1-Feb-11
Benchmark: 30% ICE BofA US Treasury Index, 70% MSCI AC World Net US$ 21.70% 19.70% 14.90% 16.40% 2
MULTI-ASSET (HEDGED TO RAND)
Peregrine Global Balanced Fund ZAR Share Class Global - Multi Asset - High Equity (Hedged to rand) 18.40% 17.10% 14.20% 11.00% 1-Jul-11
Benchmark: 30% ICE BofA US Treasury Index, 70% MSCI AC World Net US$ (Hedged to Rand) 16.80% 19.00% 15.50% 12.70% 5
EQUITY
Peregrine Global Greats Fund Class R USD Global - Equity - General 31.80% 22.70% 18.00% 18.40% 3-Aug-12
Benchmark: MSCI World (Net) in US$ 32.40% 26.00% 18.90% 20.40% 3
Peregrine Global Multi-Strategy Equity USD Global - Equity - General 26.80% 20.00% 14.20% 8.10% 3-Jun-00
Benchmark: MSCI AC World Net US$ 28.80% 24.60% 18.00% 9.60% 1
EQUITY (HEDGED TO RAND)
Peregrine Global Greats Fund Class R ZAR Share Class Global - Equity - General (Hedged to Rand) 26.30% 22.20% 18.10% 6-Sep-17
Benchmark: MSCI World Net US$ (Hedged to Rand) 26.90% 24.20% 17.40% 4
PROPERTY
Peregrine Global Real Estate Fund R Class Global - Real Estate 47.00% 20.50% 13.50% 11.60% 25-Apr-15
Benchmark: MSCI World REITS Net US$ 47.80% 21.70% 14.70% 13.30%
NOTES:
  1. MSCI World (Net) in US$ before 1 April 2011.
  2. 30% FTSE WGBI (hedged to US$), 70% MSCI AC World Net US$ before 1 September 2019.
  3. MSCI AC World Net US$ before 1 January 2018.
  4. Peregrine US Protected Equity Fund prior to name change on the 1st of December 2020.
  5. 30% FTSE WGBI, 70% MSCI AC World Net (hedged to US$) before 1 September 2019.
  6. Peregrine US Protected Equity Fund prior to name change on the 1st of December 2020.

GENERAL DISCLAIMER AVAILABLE FROM NIKKI KLERCK

Scroll to the right to view the full data table

FUND COST TABLES - CITADEL CITATION
FUND COSTS AS AT 31 DECEMBER 2021 AMF (incl. VAT) FY TER ASISA TER TC TIC INCEPTION DATE NOTES
DOMESTIC UNIT TRUSTS AND HEDGE FUNDS
INTEREST BEARING
Citadel SA Money Market H4 B1 Class Fund South African - Interest Bearing - Money Market 0.52% 0.55% 0.55% 0.00% 0.55% 01-Sep-2013
Citadel SA Income H4 B1 Class Fund South African - Interest Bearing - Short Term 0.58% 0.59% 0.59% 0.00% 0.59% 05-Nov-2014
Citadel SA Bond H4 B1 Class Fund South African - Interest Bearing - Variable Term 0.86% 0.88% 0.88% 0.04% 0.92% 08-Aug-2001
RETAIL HEDGE FUNDS
Citadel Multi-Strategy H4 RI Hedge Fund SA - Multi-Strategy Hedge Fund 1.44% 1.57% 1.90% 0.53% 2.43% 01-Sep-2016
Peregrine Capital High Growth H4 RI Hedge Fund A Class Worldwide - Multi-Strategy Hedge Fund 1.73% 8.94% 6.38% 1.77% 8.15% 02-Dec-2019 3
Peregrine Capital Pure Hedge H4 RI Hedge Fund A Class Worldwide - Multi-Strategy Hedge Fund 1.15% 3.59% 2.74% 1.53% 4.27% 03-Feb-2020 3
QUALIFIED INVESTOR HEDGE FUNDS
Citadel Multi-Strategy H4 QI Hedge Fund SA - Multi-Strategy Hedge Fund 1.44% 5.26% 5.19% 0.94% 6.13% 01-Nov-2016 2
Peregrine Capital High Growth H4 QI Hedge Fund A Class Worldwide - Multi-Strategy Hedge Fund 2.56% 8.03% 5.28% 1.02% 6.30% 01-Dec-2016 2,3
Peregrine Capital Pure Hedge H4 QI Hedge Fund A Class Worldwide - Multi-Strategy Hedge Fund 1.41% 3.91% 3.08% 0.79% 3.87% 01-Dec-2016 2,3
MULTI-ASSET
Citadel Balanced H4 B1 Class Fund South African - Multi Asset - High Equity 1.44% 1.66% 1.70% 0.14% 1.84% 01-Apr-2011
Citadel SA Managed Volatility Equity H4 Fund South African - Multi Asset - Flexible 1.15% 1.17% 1.17% 0.14% 1.31% 02-Feb-2015
Citadel Worldwide Flexible H4 Fund B3 Worldwide Multi Asset Flexible 1.44% 1.59% 1.60% 0.16% 1.76% 17-Oct-2017
MULTI-ASSET (REAL RETURN SOLUTION)
H4 Stable Fund South African - Multi Asset - Low Equity 0.75% 0.86% 0.85% 0.09% 0.94% 01-Jul-2015
H4 Diversified Fund South African - Multi Asset - High Equity 0.75% 0.88% 0.86% 0.13% 0.99% 22-May-2013
H4 Growth Fund Worldwide - Multi Asset - Flexible 0.75% 0.96% 0.91% 0.12% 1.03% 22-May-2013
H4 Worldwide Equity Fund Worldwide - Equity - General 0.75% 0.97% 0.92% 0.08% 1.00% 22-May-2013
H4 Managed Fund South African - Multi Asset - Flexible 0.75% 0.93% 0.89% 0.11% 1.00% 21-Nov-2017
EQUITY
H4 Focused Wealth Fund South African - Equity - General 1.15% 1.27% 1.57% 0.25% 1.82% 06-Oct-2011 1
Citadel SA 20/20 Equity H4 B1 Class Fund South African - Equity - General 1.15% 1.17% 1.17% 0.12% 1.29% 09-May-2017
Citadel SA Multi-Factor Equity H4 B1 Class Fund South African - Equity - General 0.92% 0.96% 0.96% 0.44% 1.40% 18-Jun-2015
Citadel Global Equity H4 FoF Global - Equity - General 1.44% 1.81% 1.89% 0.08% 1.97% 06-Nov-2002
Citadel Worldwide Equity H4 Fund Worldwide - Equity - General 1.44% 1.59% 1.60% 0.24% 1.84% 01-Feb-2020
PROPERTY
Citadel SA Property H4 B1 Class Fund South African - Real Estate - General 1.15% 1.19% 1.19% 0.09% 1.28% 10-Dec-2014

NOTES:

FY TERs (Total Expense Ratio as at Financial Year-end) have been calculated using data from 1 April 2020 to 31 March 2021 unless stated otherwise.

ASISA TER (Total Expense Ratio) and TCs (Transaction Cost Ratio) have been calculated using data from 1 October 2018 to 30 September 2021 unless stated otherwise. The TIC (Total Investment Charges) is the sum of these figures.

  1. The H4 Focused Wealth Fund charges a Performance Fee of 20% of the excess total return above the fund benchmark (80% J300T (J400 prior to 4 June 2017) + 20% STEFI Composite) over a rolling 1-year; capped at 1% p.a. The Performance Fee is calculated daily and deducted monthly on a high-water mark principle.
  2. Only ‘Qualified Investors’ which meet prescribed requirements are permitted to invest in this fund. Please speak to your financial advisor if you have any questions.
  3. A class fees reflected. Actual client performance fees may vary due to equalisation shares.

Scroll to the right to view the full data table

FUND COST TABLES - CITADEL CITATION
FUND COSTS AS AT 31 DECEMBER 2021 AMF FY TER ASISA TER TC TIC INCEPTION DATE NOTES
INTERNATIONAL SOLUTIONS (FSCA Approved)
INTEREST BEARING
Peregrine Enhanced USD Cash Fund US - Interest Bearing - Short Term 0.35% 0.48% 0.48% 0.03% 0.51% 25-Jul-2019
Peregrine Enhanced USD Cash Fund ZAR Share Class US - Interest Bearing - Short Term (Hedged to Rand) 0.35% 0.48% 0.48% 0.03% 0.51% 22-Jul-2020
Peregrine US Bond Fund USD Share Class US - Interest Bearing 0.60% 1.22% 1.21% 0.09% 1.30% 02-Sep-2019
Peregrine US Bond Fund ZAR Share Class US - Interest Bearing (Hedged to Rand) 0.80% 1.42% 1.42% 0.09% 1.51% 02-Sep-2019
EQUITY
Peregrine Global Greats Fund Class R USD Global - Equity - General 1.25% 1.38% 1.37% 0.08% 1.45% 03-Aug-2012 1
Peregrine Global Greats Fund Class R ZAR Share Class Global - Equity - General (Hedged to Rand) 1.25% 1.38% 1.37% 0.08% 1.45% 06-Sep-2017
Peregrine Global Multi-Strategy Equity USD Global - Equity - General 1.25% 1.64% 1.72% 0.14% 1.86% 03-Jun-2000 2
MULTI-ASSET
Peregrine US Managed Volatility Equity Fund USD Class R US - Multi-Asset - Flexible 1.25% 1.46% 1.49% 0.05% 1.54% 27-Oct-2016
Peregrine US Managed Volatility Equity Fund Class R ZAR Share Class US - Multi-Asset - Flexible (Hedged to Rand) 1.25% n/a 1.49% 0.05% 1.54% 01-Dec-2020
Peregrine Global Balanced Global - Multi Asset - High Equity 1.25% 1.66% 1.69% 0.08% 1.77% 01-Feb-2011 2
Peregrine Global Balanced Fund ZAR Share Class Global - Multi Asset - High Equity (Hedged to Rand) 1.25% 1.66% 1.69% 0.08% 1.77% 01-Jul-2011 2
PROPERTY
Peregrine Global Real Estate Fund R Class Global - Real Estate 1.25% 1.43% 1.44% 0.08% 1.52% 25-Apr-2015
NOTES:

FY TERs (Total Expense Ratio as at Financial Year-end) have been calculated using data from 1 January 2020 to 31 December 2020 unless stated otherwise.

ASISA TER (Total Expense Ratio) and TCs (Transaction Cost Ratio) have been calculated using data from 1 October 2018 to 30 September 2021 unless stated otherwise. The TIC (Total Investment Charges) is the sum of these figures.

  1. TER includes Performance Fees charged prior to 1 January 2018. TER excluding Performance Fees are:
    Peregrine Global Greats Fund Class R USD 1,37%
  2. FY TERs (Total Expense Ratio as at Financial Year-end) have been calculated using data from 1 April 2020 to 31 March 2021.

GENERAL DISCLAIMER AVAILABLE FROM NIKKI KLERCK

 

ROLLING ONE YEAR RETURNS

ONE YEAR ROLLING PERFORMANCE FROM INCEPTION (CLICK TO VIEW)

CITADEL BALANCED H4 FUND CITADEL GLOBAL EQUITY H4 FUND
CITADEL MULTI-STRATEGY H4 RIHF CITADEL MULTI-STRATEGY H4 QIHF
CITADEL SA 20/20 EQUITY H4 FUND CITADEL SA BOND H4 FUND
CITADEL SA INCOME H4 FUND CITADEL SA MONEY MARKET H4 FUND
CITADEL SA MULTI_FACTOR EQUITY H4 FUND CITADEL SA PROPERTY H4 FUND
CITADEL SA MANAGED VOLATILITY EQUITY H4 FUND CITADEL WORLDWIDE FLEXIBLE H4 FUND
H4 DIVERSIFIED FUND H4 FOCUSED WEALTH FUND
H4 GROWTH FUND H4 STABLE FUND
H4 WORLDWIDE EQUITY FUND PEREGRINE CAPITAL HIGH GROWTH H4 Q1
PEREGRINE CAPITAL PURE HEDGE H4 Q1 PEREGRINE ENHANCED USD CASH FUND
PEREGRINE GLOBAL BALANCED USD FUND PEREGRINE GLOBAL BALANCED ZAR FUND
PEREGRINE GLOBAL GREATS USD FUND PEREGRINE GLOBAL GREATS ZAR FUND
PEREGRINE GLOBAL REAL ESTATE FUND PEREGRINE GLOBAL MULTI-STRATEGY EQUITY USD FUND
PEREGRINE US BOND FUND ZAR PEREGRINE US BOND FUND
PEREGRINE US MANAGED VOLATILITY EQUITY ZAR FUND PEREGRINE US MANAGED VOLATILITY EQUITY USD FUND

FUND INFORMATION

(CLICK TO VIEW A FULL REPORT)
 DOMESTIC SOLUTIONS      INTERNATIONAL SOLUTIONS
INCOME ASSETS
CITADEL SA MONEY MARKET H4 FUND PEREGRINE US BOND FUND
CITADEL SA INCOME H4 FUND PEREGRINE US BOND FUND ZAR
CITADEL SA BOND H4 FUND PEREGRINE ENHANCED USD CASH FUND
 DOMESTIC SOLUTIONS     INTERNATIONAL SOLUTIONS
CAPITAL PRESERVATION
CITADEL SA MANAGED VOLATILITY EQUITY H4 FUND PEREGRINE US MANAGED VOLATILITY EQUITY USD FUND
CITADEL MULTI-STRATEGY H4 QIHF PEREGRINE US MANAGED VOLATILITY EQUITY ZAR FUND
CITADEL MULTI-STRATEGY H4 RIHF
PEREGRINE CAPITAL HIGH GROWTH H4 Q1
PEREGRINE CAPITAL PURE HEDGE H4 Q1
 DOMESTIC SOLUTIONS     INTERNATIONAL SOLUTIONS
MULTI-ASSET
CITADEL BALANCED H4 FUND PEREGRINE GLOBAL BALANCED USD FUND
CITADEL WORLDWIDE FLEXIBLE H4 FUND

H4 STABLE FUND

PEREGRINE GLOBAL BALANCED ZAR FUND
H4 DIVERSIFIED FUND
H4 GROWTH FUND
H4 MANAGED FUND B1
DOMESTIC SOLUTIONS INTERNATIONAL SOLUTIONS
 LONG-TERM GROWTH</strong
CITADEL SA 20/20 EQUITY H4 FUND CITADEL GLOBAL GREATS MODEL PORTFOLIO
H4 FOCUSED WEALTH FUND PEREGRINE GLOBAL GREATS USD FUND
CITADEL 20/20 EQUITY MODEL PORTFOLIO CITADEL GLOBAL HIGH DIVIDEND MODEL PORTFOLIO
CITADEL GLOBAL EQUITY H4 FUND CITADEL GLOBAL PROPERTY MODEL PORTFOLIO
CITADEL SA MULTI-FACTOR EQUITY H4 FUND PEREGRINE GLOBAL GREATS ZAR FUND
CITADEL SA PROPERTY H4 FUND PEREGRINE GLOBAL REAL ESTATE FUND
CITADEL SA PROPERTY MODEL PORTFOLIO PEREGRINE GLOBAL MULTI-STRATEGY EQUITY USD FUND
H4 WORLDWIDE EQUITY FUND
PEREGRINE GLOBAL MULTI-STRATEGY EQUITY ZAR FUND