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Citation Third Quarter 2023

FUND PERFORMANCE

THIRD QUARTER 2023


Estimated reading time: 10 minutes read

DOMESTIC SOLUTIONS RISK PROFILE -THIRD QUARTER 2023

income assets

CITADEL SA MONEY MARKET H4 FUND
CITADEL SA INCOME H4 FUND
CITADEL SA BOND H4 FUND

capital preservation

CITADEL SA MULTI-STRATEGY H4 QIHF
CITADEL SA MANAGED VOLATILITY H4 FUND

multi-asset

H4 STABLE FUND
H4 DIVERSIFIED FUND
H4 GROWTH FUND
H4 MANAGED FUND
CITADEL BALANCED H4 FUND
CITADEL WORLDWIDE FLEXIBLE H4 FUND
H4 WORLDWIDE EQUITY FUND

long-term growth

CITADEL GLOBAL EQUITY H4 FUND
CITADEL SA MULTI-FACTOR EQUITY H4 FUND
CITADEL SA CORE EQUITY H4 FUND
CITADEL SA PROPERTY H4 FUND

INTERNATIONAL SOLUTION RISK PROFILE - THIRD QUARTER 2023

income assets

PEREGRINE US BOND FUND
PEREGRINE ENHANCED USD CASH FUND

capital preservation

CAM BASTION DOLLAR FUND
CAM BASTION RAND FUND
PEREGRINE US MANAGED VOLATILITY FUND

multi-asset

PEREGRINE GLOBAL BALANCED FUND
PEREGRINE GLOBAL LOW EQUITY FUND
PEREGRINE GLOBAL MEDIUM EQUITY FUND
PEREGRINE GLOBAL HIGH EQUITY FUND

long-term growth

PEREGRINE GLOBAL MULTI-STRATEGY EQUITY FUND
PEREGRINE EMERGING MARKET EQUITY FUND
PEREGRINE GLOBAL GREATS FUND
PEREGRINE GLOBAL DIVIDEND FUND
PEREGRINE GLOBAL GROWTH FUND
PEREGRINE GLOBAL REAL ESTATE FUND
PEREGRINE GLOBAL EQUITY FEEDER FUND

ASSET CLASSES AND ECONOMIC DATA

PERFORMANCE AS AT 30 SEPTEMBER 2023 (%) 3 MONTHS 1 YEAR 3 YEARS 5 YEARS 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 2,0% 7,3% 5,0% 5,5%
FTSE/JSE All Bond Index South African Bonds -0,4% 7,2% 7,0% 7,2%
FTSE/JSE All Share Index South African Equity -3,5% 17,7% 14,5% 9,3%
ICE BofAML US Treasury Index US Bonds -3,6% 3,7% -2,2% 5,7%
MSCI AC World Index (Net) Global Equity -3,7% 26,6% 11,3% 12,7%
MSCI AC World High Dividend Yield Index (Net) Global Equity (High Dividend Yielding) -1,7% 22,0% 11,6% 10,7%
MSCI Emerging Markets Index (Net) Emerging Market Equity -3,2% 17,1% 2,3% 6,5%
SA CPI South African Inflation 1,9% 5,5% 6,0% 5,0% 1
ZAR/USD -0,3% 4,8% 4,1% 5,9%
(Performance in US dollar)
FTSE/JSE All Bond Index South African Bonds -0,1% 2,3% 2,7% 1,2%
ICE BofAML US Treasury Index US Bonds -3,3% -1,1% -6,1% -0,1%
FTSE/JSE All Share Index South African Equity -3,2% 12,3% 10,0% 3,2%
MSCI AC World Index (Net) Global Equity -3,4% 20,8% 6,9% 6,5%
MSCI AC World High Dividend Yield Index (Net) Global Equity (High Dividend Yielding) -1,5% 16,3% 7,1% 4,5%
MSCI Emerging Markets Index (Net) Emerging Market Equity -2,9% 11,7% -1,7% 0,6%
NOTES:
  1. September 2023 CPI was not available at the time of publication and an estimate was used.

Sources: Morningstar and Refinitiv

PORTFOLIO PERFORMANCE

PERFORMANCE AS AT 30 SEPTEMBER 2023 (%) 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 7,9% 5,5% 6,1% 6,5% 01-Sep-2013
Benchmark: STeFI 3-month Total Return Index 7,3% 5,0% 5,5% 6,0%
Citadel SA Income H4 Fund South African - Interest Bearing - Short Term 8,5% 6,0% 6,6% 7,2% 05-Nov-2014
Benchmark: STeFI Composite Total Return Index 7,5% 5,3% 5,9% 6,4%
Citadel SA Bond H4 Fund South African - Interest Bearing - Variable Term 6,6% 6,2% 7,1% 8,4% 08-Aug-2001
Benchmark: FTSE/JSE All Bond Index 7,2% 7,0% 7,2% 8,8%
QUALIFIED INVESTOR HEDGE FUNDS
Citadel Multi-Strategy H4 QI Hedge Fund South African - Multi-Strategy Hedge Fund 11,8% 11,6% 9,3% 7,9% 01-Nov-2016 10, 13
Benchmark: STeFI 3-month Total Return Index + 3% 10,5% 8,1% 8,7% 9,1%
MULTI-ASSET
Citadel Balanced H4 Fund South African - Multi Asset - High Equity 17,7% 11,2% 7,5% 8,9% 01-Apr-2011
Benchmark: (ASISA) South African MA High Equity Peer Group Average 13,0% 10,4% 6,9% 8,1% 2
Citadel SA Managed Volatility Equity H4 Fund South African - Multi Asset - Flexible 17,0% 10,7% 6,2% 6,9% 02-Feb-2015 8
Benchmark: 60% FTSE/JSE Top 40; 40% STeFI Composite 15,2% 10,9% 8,7% 7,7%
Citadel Worldwide Flexible H4 Fund Worldwide - Multi Asset - Flexible 19,6% 10,1% 8,6% 8,3% 17-Oct-2017
Benchmark: (ASISA) Wwide MA Flexible Peer Group Average 17,1% 7,7% 7,4% 6,9% 17-Oct-2017 12
MULTI-ASSET (REAL RETURN SOLUTION)
H4 Stable Fund South African - Multi Asset - Low Equity 13,0% 8,3% 7,8% 7,2% 01-Jul-2015 1
Benchmark: (ASISA) South African MA Low Equity Peer Group Average 10,5% 7,9% 6,3% 6,1% 12
H4 Diversified Fund South African - Multi Asset - High Equity 16,4% 11,0% 8,6% 7,8% 22-May-2013
Benchmark: (ASISA) South African MA High Equity Peer Group Average 13,0% 10,4% 6,9% 7,0% 12
H4 Growth Fund Worldwide - Multi Asset - Flexible 20,5% 11,4% 9,0% 8,1% 22-May-2013
Benchmark: (ASISA) Wwide MA Flexible Peer Group Average 17,1% 7,7% 7,4% 8,6% 12
H4 Worldwide Equity Fund Worldwide - Equity - General 24,0% 12,8% 10,6% 9,6% 22-May-2013
Benchmark: 35% (ASISA) SA - Equity - General Peer Group Average; 65% (ASISA) Global - Equity - General Peer Group Average 19,8% 10,4% 9,4% 10,6% 12
H4 Managed Fund South African - Multi Asset - Flexible 16,3% 11,7% 8,4% 7,1% 21-Nov-2017 7
Benchmark: SA CPI +6% 11,8% 12,3% 11,3% 11,4% 11
EQUITY
Citadel SA Core Equity H4 Fund South African - Equity - Large Cap 15,5% 13,4% 7,2% 7,3% 09-May-2017 9
Benchmark: FTSE/JSE Capped Top 40 Index (J300T) 17,5% 15,0% 9,5% 9,1% 3
Citadel SA Multi-Factor Equity H4 Fund South African - Equity - General 15,2% 14,3% 8,0% 6,4% 18-Jun-2015 1
Benchmark: FTSE/JSE Capped All Share Index (J303T) 16,4% 15,6% 9,3% 7,8% 4
Citadel Global Equity H4 FoF Global - Equity - General 23,8% 9,5% 10,3% 9,2% 06-Nov-2002
Benchmark: MSCI AC World Net (in Rand) 26,6% 11,3% 12,7% 11,0% 5
PROPERTY
Citadel SA Property H4 Fund South African - Real Estate - General 11,5% 16,9% -5,1% -1,7% 10-Dec-2014
Benchmark: FTSE/JSE All Property Index 12,9% 17,1% -4,1% -1,1% 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. The fund’s benchmark was changed with effect 1 June 2022.
  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. Citadel SA 20/20 Equity H4 Fund prior to name change on the 1st of December 2022.
  10. 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.
  11. September 2023 CPI was not available at the time of publication and an estimate was used.
  12. The fund’s benchmark was changed with effect 1 August 2023.
  13. 30 September 2023 price not available at time of publication. Performance calculated up to 31 August 2023.
USD PERFORMANCE AS AT 30 SEPTEMBER 2023 (%) 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 3,9% 1,1% 1,2% 25-Jul-2019
Benchmark: ICE BofA 3M US Treasury Bill Index 4,5% 1,7% 1,6%
Peregrine US Bond Fund USD Share Class US - Interest Bearing 0,2% -6,3% -3,4% 02-Sep-2019
Benchmark: ICE BofA US Treasury Index -1,1% -6,1% -2,9%
ALTERNATIVE
Peregrine US Managed Volatility Equity Fund USD Class R US - Multi-Asset - Flexible 12,1% 6,5% 3,8% 4,9% 27-Oct-2016 4
Benchmark: 60% S&P 500; 40% USD Overnight Cash 14,5% 6,8% 6,7% 8,1%
CAM Bastion Dollar Fund Global - Hedge Fund 2,6% -3,8% -3,6% 01-Sep-2020
Benchmark: US Cash + 1,75% 6,6% 3,6% 3,6%
MULTI-ASSET
Peregrine Global Balanced Global - Multi Asset - High Equity 12,3% 2,3% 2,8% 3,9% 01-Feb-2011
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average 10,9% 3,2% 3,2% 3,7% 2
Peregrine Global High Equity Fund Class R USD Global - Multi Asset - High Equity 13,6% -2,4% 14-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average 10,9% -3,2%
Peregrine Global Medium Equity Fund Class R USD Global - Multi Asset - Medium Equity 10,3% -1,1% 26-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Moderate Allocation Peer Group Average 7,9% -2,5%
Peregrine Global Low Equity Fund Class R USD Global - Multi Asset - Low Equity 5,5% -2,8% 26-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Cautious Allocation Peer Group Average 4,4% -2,3%
EQUITY
Peregrine Global Greats Fund Class R USD Global - Equity - General 20,8% 6,5% 5,3% 7,9% 03-Aug-2012
Benchmark: MSCI World (Net) in US$ 22,0% 8,1% 7,3% 9,5% 3
Peregrine Global Multi-Strategy Equity USD Global - Equity - General 16,9% 5,4% 3,7% 3,2% 03-Jun-2000
Benchmark: MSCI AC World Net US$ 20,8% 6,9% 6,5% 4,6% 1
Peregrine Global Growth Fund USD Class R Global - Equity - General 22,1% -2,3% 20-Aug-2021
Benchmark: 20% ICE BofA US Treasury Index; 80% MSCI World (Net) in US$ 18,5% -0,7%
Peregrine Global Equity Feeder Fund USD Class R Global - Equity - General 14,8% -3,7% 10-Aug-2021
Benchmark: MSCI AC World Net US$ 20,8% -3,2%
Peregrine Global Dividend Fund USD Class R Global - Equity - Income 9,4% -3,5% 08-Sep-2021
Benchmark: MSCI World High Dividend Yield Index 16,7% 0,0%
EMERGING MARKET EQUITY
Peregrine Emerging Market Equity Fund USD R Emerging Market - Equity - General 13,6% -11,2% 02-Jun-2021
Benchmark: MSCI Emerging Market Net US$ 11,7% -12,6%
PROPERTY
Peregrine Global Real Estate Fund R Class Global - Real Estate -3,1% -1,3% 0,1% 0,9% 25-Apr-2015
Benchmark: (Morningstar) EAA Fund Property - Indirect Global Peer Group Average 1,8% -1,3% -1,5% -0,2% 5
 NOTES:
  1. MSCI World (Net) in US$ before 1 April 2011.
  2. Composite benchmark before 1 July 2023.
  3. MSCI AC World Net US$ before 1 January 2018.
  4. MSCI AC World Net US$ (hedged to ZAR) prior to 1 January 2018.
  5. Peregrine US Protected Equity Fund prior to name change on the 1st of December 2020.
  6. MSCI World REITS Net US$ before 1 July 2023.
ZAR PERFORMANCE AS AT 30 SEPTEMBER 2023 (%) 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 8,9% 5,2% 8,9% 25-Jul-2019
Benchmark: ICE BofA 3M US Treasury Bill Index 9,5% 5,9% 9,3%
Peregrine US Bond Fund USD Share Class US - Interest Bearing 5,1% -2,4% 1,8% 02-Sep-2019
Benchmark: ICE BofA US Treasury Index 3,7% -2,2% 2,4%
INTEREST BEARING (HEDGED TO RAND)
Peregrine Enhanced USD Cash Fund ZAR Share Class US - Interest Bearing - Short Term (Hedged to rand) 6,9% 5,3% 5,3% 22-Jul-2020
Benchmark: ICE BofA 3M US Treasury Bill Index (Hedged to rand) 7,5% 5,6% 5,5%
Peregrine US Bond Fund ZAR Share Class US - Interest Bearing (Hedged to rand) 7,2% -1,3% 3,4% 02-Sep-2019
Benchmark: ICE BofA US Treasury Index (50% Hedged to rand) 2,8% -2,1% 2,1%
ALTERNATIVE
CAM Bastion Dollar Fund Global - Hedge Fund 7,5% 0,2% -0,2% 01-Sep-2020
Benchmark: US Cash + 1,75% 11,7% 7,9% 7,2%
Peregrine US Managed Volatility Equity Fund USD Class R US - Multi-Asset - Flexible 17,5% 10,9% 10,0% 9,7% 27-Oct-2016 5
Benchmark: 60% S&P 500; 40% ICE BofA SOFR Index 20,1% 11,3% 13,0% 12,9%
ALTERNATIVE (HEDGED TO RAND)
CAM Bastion Rand Fund Global - Hedge Fund (Hedged to rand) 6,9% 4,2% 4,3% 01-Sep-2020
Benchmark: US Cash + 1,75% (Hedged to Rand) 9,7% 7,6% 7,6%
Peregrine US Managed Volatility Equity Fund Class R ZAR Share Class US - Multi-Asset - Flexible (Hedged to rand) 20,0% 13,7% 01-Dec-2020
Benchmark: 60% S&P 500; 40% ICE BofA SOFR Index (50% Hedged to rand) 19,4% 11,6%
MULTI-ASSET
Peregrine Global Balanced Global - Multi Asset - High Equity 17,7% 6,6% 8,9% 12,1% 01-Feb-2011
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average 16,2% 7,5% 9,2% 12,0% 2
Peregrine Global High Equity Fund Class R USD Global - Multi Asset - High Equity 19,1% 16,4% 14-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average 16,2% 15,4%
Peregrine Global Medium Equity Fund Class R USD Global - Multi Asset - Medium Equity 15,6% 12,1% 26-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Moderate Allocation Peer Group Average 13,2% 10,5%
Peregrine Global Low Equity Fund Class R USD Global - Multi Asset - Low Equity 10,6% 10,1% 26-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Cautious Allocation Peer Group Average 9,5% 10,7%
MULTI-ASSET (HEDGED TO RAND)
Peregrine Global Balanced Fund ZAR Share Class Global - Multi Asset - High Equity (Hedged to rand) 15,9% 6,3% 6,7% 8,8% 01-Jul-2011
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average (ZAR hedged) 13,2% 6,3% 5,8% 7,6% 2
EQUITY
Peregrine Global Greats Fund Class R USD Global - Equity - General 26,6% 10,9% 11,5% 16,0% 03-Aug-2012
Benchmark: MSCI World (Net) in US$ 27,8% 12,6% 13,6% 17,7% 3
Peregrine Global Multi-Strategy Equity USD Global - Equity - General 22,5% 9,8% 9,8% 7,7% 03-Jun-2000
Benchmark: MSCI AC World Net US$ 26,6% 11,3% 12,7% 9,2% 1
Peregrine Global Growth Fund USD Class R Global - Equity - General 28,0% 8,3% 20-Aug-2021
Benchmark: 20% ICE BofA US Treasury Index; 80% MSCI World (Net) in US$ 24,2% 10,1%
Peregrine Global Equity Feeder Fund USD Class R Global - Equity - General 20,3% 7,9% 10-Aug-2021
Benchmark: MSCI AC World Net US$ 26,6% 8,4%
Peregrine Global Dividend Fund USD Class R Global - Equity - Income 14,7% 10,3% 08-Sep-2021
Benchmark: MSCI World High Dividend Yield Index 22,3% 14,3%
EMERGING MARKET EQUITY
Peregrine Emerging Market Equity Fund USD R Emerging Market - Equity - General 19,0% 1,7% 02-Jun-2021
Benchmark: MSCI Emerging Market Net US$ 17,1% 0,1%
EQUITY (HEDGED TO RAND)
Peregrine Global Greats Fund Class R ZAR Share Class Global - Equity - General (Hedged to rand) 23,4% 9,8% 8,3% 11,5% 06-Sep-2017
Benchmark: MSCI World Net US$ (Hedged to rand) 24,3% 10,9% 9,4% 11,0% 4
Peregrine Global Multi-Strategy Equity ZAR Share Class Global - Equity - General (Hedged to rand) 23,6% 4,3% 08-Dec-2021
MSCI ACWI (50% ZAR hedged) 25,1% 0,8%
PROPERTY
Peregrine Global Real Estate Fund R Class Global - Real Estate 1,5% 2,8% 6,0% 6,3% 25-Apr-2015
Benchmark: (Morningstar) EAA Fund Property - Indirect Global Peer Group Average 6,7% 2,8% 4,3% 5,1% 6
NOTES:
  1. MSCI World (Net) in US$ before 1 April 2011.
  2. Composite benchmark before 1 July 2023.
  3. MSCI AC World Net US$ before 1 January 2018.
  4. MSCI AC World Net US$ (hedged to ZAR) prior to 1 January 2018.
  5. Peregrine US Protected Equity Fund prior to name change on the 1st of December 2020.
  6. MSCI World REITS Net US$ before 1 July 2023.

GENERAL DISCLAIMER AVAILABLE FROM NIKKI KLERCK (nikkik@citadel.co.za)

FUND COSTS AS AT 30 SEPTEMBER 2023 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% 0,56% 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% 0,03% 0,91% 08-Aug-2001
QUALIFIED INVESTOR HEDGE FUNDS
Citadel Multi-Strategy H4 QI Hedge Fund South African - Multi-Strategy Hedge Fund 1,44% 6,20% 5,70% 1,19% 6,89% 01-Nov-2016 1
MULTI-ASSET
Citadel Balanced H4 B1 Class Fund South African - Multi Asset - High Equity 1,44% 1,56% 1,59% 0,20% 1,79% 01-Apr-2011
Citadel SA Managed Volatility Equity H4 Fund South African - Multi Asset - Flexible 1,15% 1,18% 1,18% 0,14% 1,32% 02-Feb-2015
Citadel Worldwide Flexible H4 Fund B3 Worldwide Multi Asset Flexible 1,44% 1,53% 1,56% 0,19% 1,75% 17-Oct-2017
MULTI-ASSET (REAL RETURN SOLUTION)
H4 Stable Fund South African - Multi Asset - Low Equity 0,75% 0,82% 0,83% 0,10% 0,93% 01-Jul-2015
H4 Diversified Fund South African - Multi Asset - High Equity 0,75% 0,85% 0,85% 0,13% 0,98% 22-May-2013
H4 Growth Fund Worldwide - Multi Asset - Flexible 0,75% 0,96% 0,95% 0,14% 1,09% 22-May-2013
H4 Worldwide Equity Fund Worldwide - Equity - General 0,75% 0,98% 0,97% 0,12% 1,09% 22-May-2013
H4 Managed Fund South African - Multi Asset - Flexible 0,75% 0,87% 0,89% 0,12% 1,01% 21-Nov-2017
EQUITY
Citadel SA Core Equity H4 B1 Class Fund South African - Equity - Large Cap 1,15% 1,17% 1,17% 0,13% 1,30% 09-May-2017 2
Citadel SA Multi-Factor Equity H4 B1 Class Fund South African - Equity - General 0,92% 0,95% 0,95% 0,50% 1,45% 18-Jun-2015
Citadel Global Equity H4 FoF Global - Equity - General 1,44% 1,64% 1,69% 0,09% 1,78% 06-Nov-2002
PROPERTY
Citadel SA Property H4 B1 Class Fund South African - Real Estate - General 1,15% 1,20% 1,19% 0,05% 1,24% 10-Dec-2014
NOTES:
FY TERs (Total Expense Ratio as at Financial Year-end) have been calculated using data from 1 April 2022 to 31 March 2023 unless stated otherwise.
ASISA TER (Total Expense Ratio) and TCs (Transaction Cost Ratio) have been calculated using data from 1 July 2020 to 30 June 2023 unless stated otherwise. The TIC (Total Investment Charges) is the sum of these figures.
  1. 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.
  2. The ASISA Fund Classification was corrected from “South African – Equity – General” to “South African – Equity – Large Cap”.
FUND COSTS AS AT 30 SEPTEMBER 2023 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% 0,50% 0,49% 0,04% 0,53% 25-Jul-2019
Peregrine Enhanced USD Cash Fund ZAR Share Class US - Interest Bearing - Short Term (Hedged to rand) 0,35% 0,53% 0,50% 0,04% 0,54% 22-Jul-2020
Peregrine US Bond Fund USD Share Class US - Interest Bearing 0,60% 1,13% 1,18% 0,07% 1,25% 02-Sep-2019
Peregrine US Bond Fund ZAR Share Class US - Interest Bearing (Hedged to rand) 0,80% 1,34% 1,40% 0,07% 1,47% 02-Sep-2019
ALTERNATIVE
CAM Bastion Dollar Fund Global - Hedge Fund 1,25% 1,77% 1,73% 0,49% 2,22% 01-Sep-2020 1
CAM Bastion Rand Fund Global - Hedge Fund (Hedged to rand) 1,25% 1,82% 1,78% 0,49% 2,27% 01-Sep-2020 1
Peregrine US Managed Volatility Equity Fund USD Class R US - Multi-Asset - Flexible 1,25% 1,47% 1,50% 0,05% 1,55% 27-Oct-2016
Peregrine US Managed Volatility Equity Fund Class R ZAR Share Class US - Multi-Asset - Flexible (Hedged to rand) 1,25% 1,48% 1,54% 0,05% 1,59% 08-Dec-2020
EQUITY
Peregrine Global Greats Fund Class R USD Global - Equity - General 1,25% 1,37% 1,37% 0,03% 1,40% 03-Aug-2012
Peregrine Global Greats Fund Class R ZAR Share Class Global - Equity - General (Hedged to rand) 1,25% 1,41% 1,42% 0,03% 1,45% 06-Sep-2017
Peregrine Global Multi-Strategy Equity USD Global - Equity - General 1,25% 1,64% 1,64% 0,11% 1,75% 03-Jun-2000 1
Peregrine Global Multi-Strategy Equity ZAR Share Class Global - Equity - General (Hedged to rand) 1,25% 1,76% 1,67% 0,11% 1,78% 01-Dec-2022 1
Peregrine Global Growth Fund USD Class R Global - Equity - General 1,25% 1,38% 1,37% 0,13% 1,50% 20-Aug-2021
Peregrine Global Equity Feeder Fund USD Class R Global - Equity - General 1,25% 1,78% 1,72% 0,35% 2,07% 10-Aug-2021
Peregrine Global Dividend Fund USD Class R Global - Equity - Income 1,25% 1,39% 1,37% 0,10% 1,47% 08-Sep-2021
EMERGING MARKET EQUITY
Peregrine Emerging Market Equity Fund USD R Emerging Market - Equity - General 1,25% 1,72% 1,71% 0,46% 2,17% 02-Jun-2021
MULTI-ASSET
Peregrine Global Balanced Global - Multi Asset - High Equity 1,25% 1,69% 1,67% 0,09% 1,76% 01-Feb-2011 1
Peregrine Global Balanced Fund ZAR Share Class Global - Multi Asset - High Equity (Hedged to rand) 1,25% 1,80% 1,71% 0,09% 1,80% 01-Jul-2011 1
Peregrine Global High Equity Fund Class R USD Global - Multi Asset - High Equity 0,85% n/a 1,10% 0,14% 1,24% 14-Apr-2022
Peregrine Global Medium Equity Fund Class R USD Global - Multi Asset - Medium Equity 0,80% n/a 1,04% 0,26% 1,30% 26-Apr-2022
Peregrine Global Low Equity Fund Class R USD Global - Multi Asset - Low Equity 0,75% n/a 0,95% 0,44% 1,39% 26-Apr-2022 1
PROPERTY
Peregrine Global Real Estate Fund R Class Global - Real Estate 1,25% 1,42% 1,45% 0,07% 1,52% 25-Apr-2015
NOTES:
FY TERs (Total Expense Ratio as at Financial Year-end) have been calculated using data from 1 January 2022 to 31 December 2022 unless stated otherwise.
ASISA TER (Total Expense Ratio) and TCs (Transaction Cost Ratio) have been calculated using data from 1 July 2020 to 30 June 2023 unless stated otherwise. The TIC (Total Investment Charges) is the sum of these figures.
  1. 1. FY TERs (Total Expense Ratio as at Financial Year-end) have been calculated using data from 1 April 2022 to 31 March 2023.

GENERAL DISCLAIMER AVAILABLE FROM NIKKI KLERCK (nikkik@citadel.co.za)

ROLLING ONE YEAR RETURNS

ONE YEAR ROLLING PERFORMANCE FROM INCEPTION (CLICK TO VIEW)

 

 

 

CITADEL BALANCED H4 FUND CITADEL GLOBAL EQUITY H4 FUND
CITADEL SA CORE EQUITY H4 FUND CITADEL MULTI-STRATEGY H4 QIHF
CITADEL SA INCOME H4 FUND CITADEL SA BOND H4 FUND
CITADEL SA MULTI_FACTOR EQUITY H4 FUND CITADEL SA MONEY MARKET H4 FUND
CITADEL SA MANAGED VOLATILITY EQUITY H4 FUND CITADEL SA PROPERTY H4 FUND
H4 DIVERSIFIED FUND CITADEL WORLDWIDE FLEXIBLE H4 FUND
H4 GROWTH FUND H4 MANAGED FUND
H4 WORLDWIDE EQUITY FUND H4 STABLE FUND
PEREGRINE GLOBAL BALANCED ZAR FUND PEREGRINE GLOBAL BALANCED USD FUND
PEREGRINE GLOBAL GREATS USD FUND PEREGRINE ENHANCED USD CASH FUND
PEREGRINE GLOBAL REAL ESTATE FUND PEREGRINE GLOBAL GREATS ZAR FUND
PEREGRINE US BOND FUND ZAR PEREGRINE US BOND FUND
PEREGRINE US MANAGED VOLATILITY EQUITY ZAR FUND PEREGRINE GLOBAL MULTI-STRATEGY EQUITY USD FUND
PEREGRINE ENHANCED USD CASH FUND ZAR PEREGRINE US MANAGED VOLATILITY EQUITY USD FUND
PEREGRINE GLOBAL EQUITY FEEDER FUND USD CLASS R PEREGRINE GLOBAL GROWTH FUND USD CLASS R
PEREGRINE EMERGING MARKET EQUITY FUND USD R PEREGRINE GLOBAL DIVIDEND FUND USD CLASS R
CAM BASTION DOLLAR FUND CAM BASTION RAND FUND
PEREGRINE GLOBAL HIGH EQUITY FUND CLASS R USD PEREGRINE GLOBAL MEDIUM EQUITY FUND CLASS R USD
PEREGRINE GLOBAL LOW EQUITY FUND CLASS R USD

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
PEREGRINE ENHANCED USD CASH FUND ZAR
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
CAM BASTION RAND FUND CAM BASTION DOLLAR FUND
DOMESTIC SOLUTIONS     INTERNATIONAL SOLUTIONS
MULTI-ASSET
CITADEL BALANCED H4 FUND PEREGRINE GLOBAL BALANCED USD FUND
CITADEL WORLDWIDE FLEXIBLE H4 FUND PEREGRINE GLOBAL BALANCED ZAR FUND
H4 STABLE FUND PEREGRINE GLOBAL HIGH EQUITY FUND CLASS R USD
H4 DIVERSIFIED FUND PEREGRINE GLOBAL MEDIUM EQUITY FUND CLASS R USD
H4 GROWTH FUND PEREGRINE GLOBAL LOW EQUITY FUND CLASS R USD
H4 MANAGED FUND B1
DOMESTIC SOLUTIONS INTERNATIONAL SOLUTIONS
 LONG-TERM GROWTH
CITADEL SA CORE EQUITY H4 FUND CITADEL GLOBAL GREATS MODEL PORTFOLIO
CITADEL SA CORE EQUITY MODEL PORTFOLIO PEREGRINE GLOBAL GREATS USD FUND
CITADEL GLOBAL EQUITY H4 FUND CITADEL GLOBAL HIGH DIVIDEND MODEL PORTFOLIO
CITADEL SA MULTI_FACTOR EQUITY H4 FUND PEREGRINE GLOBAL GREATS ZAR FUND
CITADEL SA PROPERTY H4 FUND PEREGRINE GLOBAL REAL ESTATE FUND
H4 WORLDWIDE EQUITY FUND PEREGRINE GLOBAL MULTI-STRATEGY EQUITY USD FUND
PEREGRINE GLOBAL MULTI-STRATEGY EQUITY ZAR FUND PEREGRINE EMERGING MARKET EQUITY FUND USD R
CITADEL GLOBAL GROWTH MODEL PORTFOLIO
PEREGRINE GLOBAL DIVIDEND FUND USD CLASS R
PEREGRINE GLOBAL EQUITY FEEDER FUND USD CLASS R
PEREGRINE GLOBAL GROWTH FUND USD CLASS R