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Citation – Second Quarter 2023

FUND PERFORMANCE

SECOND QUARTER 2023


Estimated reading time: 10 minutes read

DOMESTIC SOLUTIONS RISK PROFILE – SECOND QUARTER 2023

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 MANAGED VOLATILITY H4 FUND

multi-asset

CITADEL BALANCED H4 FUND
CITADEL STABLE H4 FUND
CITADEL DIVERSIFIED H4 FUND
CITADEL GROWTH H4 FUND

long-term growth

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

INTERNATIONAL SOLUTION RISK PROFILE – SECOND QUARTER 2023

income assets

PEREGRINE GLOBAL BOND FUND

capital preservation

CAM BASTION FUND DOLLAR
CAM BASTION FUND RAND
CAM PINNACLE 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 FUND
PEREGRINE GLOBAL GREATS FUND
CITADEL GLOBAL GREATS PORTFOLIO
CITADEL GLOBAL HIGH DIVIDEND PORTFOLIO
PEREGRINE GLOBAL HIGH DIVIDEND FUND
CITADEL GLOBAL GROWTH PORTFOLIO
PEREGRINE GLOBAL GROWTH FUND
PEREGRINE GLOBAL REAL ESTATE FUND
PEREGRINE GLOBAL EQUITY FEEDER FUND

ASSET CLASSES AND ECONOMIC DATA

PERFORMANCE AS AT 30 JUNE 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 1,9% 6,5% 4,6% 5,4%
FTSE/JSE All Bond Index South African Bonds -1,5% 8,2% 7,6% 7,4%
FTSE/JSE All Share Index South African Equity 0,7% 19,6% 16,1% 9,6%
ICE BofAML US Treasury Index US Bonds 5,0% 12,5% -2,3% 7,1%
MSCI AC World Index (Net) Global Equity 13,1% 34,4% 14,1% 15,3%
MSCI AC World High Dividend Yield Index (Net) Global Equity (High Dividend Yielding) 8,5% 23,6% 12,1% 12,9%
MSCI Emerging Markets Index (Net) Emerging Market Equity 7,4% 17,3% 5,2% 7,6%
SA CPI South African Inflation 0,8% 5,5% 5,9% 4,9% 1
ZAR/USD 6,5% 15,3% 2,8% 6,6%
(Performance in US dollar)
FTSE/JSE All Bond Index South African Bonds -7,5% -6,1% 4,6% 0,7%
ICE BofAML US Treasury Index US Bonds -1,4% -2,5% -5,0% 0,4%
FTSE/JSE All Share Index South African Equity -5,5% 3,7% 12,9% 2,8%
MSCI AC World Index (Net) Global Equity 6,2% 16,5% 11,0% 8,1%
MSCI AC World High Dividend Yield Index (Net) Global Equity (High Dividend Yielding) 1,9% 7,2% 9,0% 5,9%
MSCI Emerging Markets Index (Net) Emerging Market Equity 0,9% 1,7% 2,3% 0,9%
NOTES:
  1.  June 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 JUNE 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 7,1% 5,1% 6,0% 6,4% 01-Sep-2013
Benchmark: STeFI 3-month Total Return Index 6,5% 4,6% 5,4% 5,9%
Citadel SA Income H4 Fund South African - Interest Bearing - Short Term 7,5% 5,7% 6,5% 7,1% 05-Nov-2014
Benchmark: STeFI Composite Total Return Index 6,8% 5,0% 5,8% 6,4%
Citadel SA Bond H4 Fund South African - Interest Bearing - Variable Term 8,1% 6,9% 7,4% 8,5% 08-Aug-2001
Benchmark: FTSE/JSE All Bond Index 8,2% 7,6% 7,4% 8,9%
QUALIFIED INVESTOR HEDGE FUNDS
Citadel Multi-Strategy H4 QI Hedge Fund South African - Multi-Strategy Hedge Fund 11,1% 10,7% 8,4% 7,3% 01-Nov-2016 10, 12
Benchmark: STeFI 3-month Total Return Index + 3% 9,7% 7,7% 8,6% 9,0%
MULTI-ASSET
Citadel Balanced H4 Fund South African - Multi Asset - High Equity 20,0% 12,1% 8,2% 9,1% 01-Apr-2011
Benchmark: (ASISA) South African MA High Equity Peer Group Average 14,7% 12,2% 10,0% 11,2% 2
Citadel SA Managed Volatility Equity H4 Fund South African - Multi Asset - Flexible 18,7% 11,5% 6,3% 7,1% 02-Feb-2015 8
Benchmark: 60% FTSE/JSE Top 40; 40% STeFI Composite 16,2% 12,0% 8,9% 8,2%
Citadel Worldwide Flexible H4 Fund Worldwide - Multi Asset - Flexible 26,3% 11,3% 10,0% 9,2% 17-Oct-2017
Benchmark: SA CPI +4% 9,7% 10,2% 9,1% 9,2% 11
MULTI-ASSET (REAL RETURN SOLUTION)
H4 Stable Fund South African - Multi Asset - Low Equity 15,0% 8,9% 8,4% 7,5% 01-Jul-2015 1
Benchmark: SA CPI +2% 7,6% 8,0% 7,0% 7,1% 11
H4 Diversified Fund South African - Multi Asset - High Equity 19,1% 12,1% 9,5% 8,2% 22-May-2013
Benchmark: SA CPI +4% 9,7% 10,2% 9,1% 9,3% 11
H4 Growth Fund Worldwide - Multi Asset - Flexible 25,2% 12,6% 9,9% 8,4% 22-May-2013
Benchmark: SA CPI +6% 11,8% 12,3% 11,2% 11,4% 11
H4 Worldwide Equity Fund Worldwide - Equity - General 27,7% 14,6% 12,0% 10,2% 22-May-2013
Benchmark: SA CPI +7% 12,9% 13,3% 12,2% 12,5% 11
H4 Managed Fund South African - Multi Asset - Flexible 19,0% 12,8% 9,2% 7,8% 21-Nov-2017 7
Benchmark: SA CPI +6% 11,8% 12,3% 11,2% 11,3% 11
EQUITY
Citadel SA Core Equity H4 Fund South African - Equity - Large Cap 18,6% 15,4% 7,7% 8,4% 09-May-2017 9, 14
Benchmark: FTSE/JSE Capped Top 40 Index (J300T) 19,3% 17,5% 10,2% 10,3% 3
Citadel SA Multi-Factor Equity H4 Fund South African - Equity - General 15,5% 15,4% 8,3% 6,9% 18-Jun-2015
Benchmark: FTSE/JSE Capped All Share Index (J303T) 18,1% 17,5% 9,9% 8,5% 4
Citadel Global Equity H4 FoF Global - Equity - General 30,4% 11,9% 12,9% 9,5% 06-Nov-2002
Benchmark: MSCI AC World Net (in rand) 34,4% 14,1% 15,3% 11,3% 5
PROPERTY
Citadel SA Property H4 Fund South African - Real Estate - General 7,3% 10,9% -5,0% -1,6% 10-Dec-2014
Benchmark: FTSE/JSE All Property Index 8,9% 11,0% -4,2% -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. Composite benchmark prior 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 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. June 2023 CPI was not available at the time of publication and an estimate was used.
  12. 30 June 2023 price not available at time of publication. Performance calculated up to 31 May 2023.
  13. Citadel Multi-Strategy H4 RI Hedge Fund prior to name change on 1 June 2023.
  14. The ASISA Fund Classification was corrected from “South African – Equity – General” to “South African – Equity – Large Cap”.
USD PERFORMANCE AS AT 30 JUNE 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 3,0% 0,7% 1,0% 25-Jul-2019
Benchmark: ICE BofA 3M US Treasury Bill Index 3,6% 1,3% 1,3%
Peregrine US Bond Fund USD Share Class US - Interest Bearing -1,5% -5,3% -2,9% 02-Sep-2019
Benchmark: ICE BofA US Treasury Index -2,5% -5,0% -2,2%
ALTERNATIVE
Peregrine US Managed Volatility Equity Fund USD Class R US - Multi-Asset - Flexible 11,0% 7,8% 4,6% 5,1% 27-Oct-2016 4
Benchmark: 60% S&P 500; 40% USD Overnight Cash 13,2% 9,2% 8,0% 8,6%
CAM Bastion Dollar Fund Global - Hedge Fund 4,0% -3,9% 01-Sep-2020
Benchmark: US Cash + 1,75% 5,7% 3,2%
MULTI-ASSET
Peregrine Global Balanced Global - Multi Asset - High Equity 7,3% 4,8% 4,0% 4,1% 01-Feb-2011 2
Benchmark: 30% ICE BofA US Treasury Index; 70% MSCI AC World Net US$ 10,8% 6,2% 6,0% 6,5%
Peregrine Global High Equity Fund Class R USD Global - Multi Asset - High Equity 11,3% -0,3% 14-Apr-2022
Benchmark: (Morningstar) EAA OE USD Aggressive Allocation 8,1% -1,9%
Peregrine Global Medium Equity Fund Class R USD Global - Multi Asset - Medium Equity 8,1% 1,0% 26-Apr-2022
Benchmark: (Morningstar) EAA OE USD Moderate Allocation 5,4% -1,0%
Peregrine Global Low Equity Fund Class R USD Global - Multi Asset - Low Equity 3,2% -1,4% 26-Apr-2022
Benchmark: (Morningstar) EAA OE USD Cautious Allocation 2,4% -1,7%
EQUITY
Peregrine Global Greats Fund Class R USD Global - Equity - General 18,5% 10,8% 7,7% 8,4% 03-Aug-2012
Benchmark: MSCI World (Net) in US$ 18,5% 12,2% 9,1% 10,0% 3
Peregrine Global Multi-Strategy Equity USD Global - Equity - General 11,5% 9,1% 4,4% 3,3% 03-Jun-2000
Benchmark: MSCI AC World Net US$ 16,5% 11,0% 8,1% 4,8% 1
Peregrine Global Growth Fund USD Class R Global - Equity - General 16,9% -1,4% 20-Aug-2021
Benchmark: 20% ICE BofA US Treasury Index; 80% MSCI World (Net) in US$ 15,7% 0,6%
Peregrine Global Equity Feeder Fund USD Class R Global - Equity - General 11,6% -2,7% 10-Aug-2021
Benchmark: MSCI AC World Net US$ 16,5% -1,8%
Peregrine Global Dividend Fund USD Class R Global - Equity - Income 4,2% -2,0% 08-Sep-2021
Benchmark: MSCI World High Dividend Yield Index 8,0% 0,9%
EMERGING MARKET EQUITY
Peregrine Emerging Market Equity Fund USD R Emerging Market - Equity - General 1,8% -10,8% 02-Jun-2021
Benchmark: MSCI Emerging Market Net US$ 1,7% -12,7%
PROPERTY
Peregrine Global Real Estate Fund R Class Global - Real Estate -6,8% 2,2% 1,8% 2,0% 25-Apr-2015
Benchmark: MSCI World REITS Net US$ -6,0% 4,0% 3,2% 3,4%
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.
ZAR PERFORMANCE AS AT 30 JUNE 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 18,8% 3,6% 9,2% 25-Jul-2019
Benchmark: ICE BofA 3M US Treasury Bill Index 19,5% 4,1% 9,6%
Peregrine US Bond Fund USD Share Class US - Interest Bearing 13,6% -2,6% 2,8% 02-Sep-2019
Benchmark: ICE BofA US Treasury Index 12,5% -2,3% 3,6%
INTEREST BEARING (HEDGED TO RAND)
Peregrine Enhanced USD Cash Fund ZAR Share Class US - Interest Bearing - Short Term (Hedged to rand) 6,7% 5,1% 22-Jul-2020
Benchmark: ICE BofA 3M US Treasury Bill Index (Hedged to rand) 6,7% 5,3%
Peregrine US Bond Fund ZAR Share Class US - Interest Bearing (Hedged to rand) 10,3% -1,2% 4,1% 02-Sep-2019
Benchmark: ICE BofA US Treasury Index (50% Hedged to Rand) 6,3% -1,6% 3,1%
ALTERNATIVE
CAM Bastion Dollar Fund Global - Hedge Fund 19,9% -0,1% 01-Sep-2020
Benchmark: US Cash + 1,75% 21,9% 7,3%
Peregrine US Managed Volatility Equity Fund USD Class R US - Multi-Asset - Flexible 28,0% 10,9% 11,5% 10,1% 27-Oct-2016 6
Benchmark: 60% S&P 500; 40% ICE BofA SOFR Index 30,6% 12,3% 15,2% 13,7%
ALTERNATIVE (HEDGED TO RAND)
CAM Bastion Rand Fund Global - Hedge Fund (Hedged to Rand) 14,2% 4,4% 01-Sep-2020
Benchmark: US Cash + 1,75% (Hedged to Rand) 9,0% 7,3%
Peregrine US Managed Volatility Equity Fund Class R ZAR Share Class US - Multi-Asset - Flexible (Hedged to rand) 24,2% 14,6% 01-Dec-2020
Benchmark: 60% S&P 500; 40% ICE BofA SOFR Index (50% Hedged to rand) 23,8% 13,4%
MULTI-ASSET
Peregrine Global Balanced Global - Multi Asset - High Equity 23,8% 7,8% 10,9% 12,6% 01-Feb-2011
Benchmark: 30% ICE BofA US Treasury Index; 70% MSCI AC World Net US$ 27,7% 9,2% 13,0% 15,1% 2
Peregrine Global High Equity Fund Class R USD Global - Multi Asset - High Equity 28,4% 23,6% 14-Apr-2022
Benchmark: (Morningstar) EAA OE USD Aggressive Allocation 24,7% 21,7%
Peregrine Global Medium Equity Fund Class R USD Global - Multi Asset - Medium Equity 24,7% 17,8% 26-Apr-2022
Benchmark: (Morningstar) EAA OE USD Moderate Allocation 21,5% 15,5%
Peregrine Global Low Equity Fund Class R USD Global - Multi Asset - Low Equity 19,0% 15,1% 26-Apr-2022
Benchmark: (Morningstar) EAA OE USD Cautious Allocation 18,0% 14,7%
MULTI-ASSET (HEDGED TO RAND)
Peregrine Global Balanced Fund ZAR Share Class Global - Multi Asset - High Equity (Hedged to Rand) 10,7% 8,9% 7,9% 9,2% 01-Jul-2011
Benchmark: 30% ICE BofA US Treasury Index; 70% MSCI AC World Net US$ 13,0% 9,5% 8,9% 10,6% 5
EQUITY
Peregrine Global Greats Fund Class R USD Global - Equity - General 36,7% 13,9% 14,8% 16,8% 03-Aug-2012
Benchmark: MSCI World (Net) in US$ 36,7% 15,4% 16,3% 18,6% 3
Peregrine Global Multi-Strategy Equity USD Global - Equity - General 28,6% 12,1% 11,3% 7,9% 03-Jun-2000
Benchmark: MSCI AC World Net US$ 34,4% 14,1% 15,3% 9,4% 1
Peregrine Global Growth Fund USD Class R Global - Equity - General 34,8% 10,9% 20-Aug-2021
Benchmark: 20% ICE BofA US Treasury Index; 80% MSCI World (Net) in US$ 33,4% 13,2%
Peregrine Global Equity Feeder Fund USD Class R Global - Equity - General 28,7% 10,9% 10-Aug-2021
Benchmark: MSCI AC World Net US$ 34,4% 11,8%
Peregrine Global Dividend Fund USD Class R Global - Equity - Income 20,2% 14,3% 08-Sep-2021
Benchmark: MSCI World High Dividend Yield Index 24,6% 17,7%
EMERGING MARKET EQUITY
Peregrine Emerging Market Equity Fund USD R Emerging Market - Equity - General 17,4% 4,0% 02-Jun-2021
Benchmark: MSCI Emerging Market Net US$ 17,3% 1,6%
EQUITY (HEDGED TO RAND)
Peregrine Global Greats Fund Class R ZAR Share Class Global - Equity - General (Hedged to Rand) 21,1% 14,1% 10,8% 12,6% 06-Sep-2017
Benchmark: MSCI World Net US$ (Hedged to rand) 20,9% 15,3% 11,4% 12,1% 4
Peregrine Global Multi-Strategy Equity ZAR Share Class Global - Equity - General (Hedged to rand) 23,4% 6,1% 08-Dec-2021
MSCI ACWI (50% ZAR hedged) 26,6% 3,2%
PROPERTY
Peregrine Global Real Estate Fund R Class Global - Real Estate 7,5% 5,1% 8,6% 7,6% 25-Apr-2015
Benchmark: MSCI World REITS Net US$ 8,4% 6,9% 10,0% 9,2%
NOTES:
  1. MSCI World (Net) in US$ before 1 April 2011.
  2. 30% FTSE WGBI, 70% MSCI AC World Net US$ before 1 September 2019.
  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. 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 (nikkik@citadel.co.za)

FUND COSTS AS AT 30 JUNE 2023
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% 6,10% 1,23% 7,33% 01-Nov-2016 1
MULTI-ASSET
Citadel Balanced H4 B1 Class Fund South African - Multi Asset - High Equity 1,44% 1,56% 1,62% 0,20% 1,82% 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% 1,57% 0,15% 1,72% 17-Oct-2017
MULTI-ASSET (REAL RETURN SOLUTION)
H4 Stable Fund South African - Multi Asset - Low Equity 0,75% 0,82% 0,84% 0,10% 0,94% 01-Jul-2015
H4 Diversified Fund South African - Multi Asset - High Equity 0,75% 0,85% 0,86% 0,13% 0,99% 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% 0,11% 1,28% 09-May-2017 3
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% 1,72% 0,09% 1,81% 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 April 2020 to 31 March 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. Citadel Multi-Strategy H4 RI Hedge Fund prior to name change on 1 June 2023.
  3. The ASISA Fund Classification was corrected from “South African – Equity – General” to “South African – Equity – Large Cap”.
FUND COSTS AS AT 30 JUNE 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% 1,19% 0,07% 1,26% 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% 1,72% 0,52% 2,24% 01-Sep-2020 1
CAM Bastion Rand Fund Global - Hedge Fund (Hedged to rand) 1,25% 1,82% 1,77% 0,52% 2,29% 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% 1,53% 0,05% 1,58% 08-Dec-2020
EQUITY
Peregrine Global Greats Fund Class R USD Global - Equity - General 1,25% 1,37% 1,36% 0,03% 1,39% 03-Aug-2012
Peregrine Global Greats Fund Class R ZAR Share Class Global - Equity - General (Hedged to rand) 1,25% 1,41% 1,40% 0,03% 1,43% 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% 1,68% 0,11% 1,79% 01-Dec-2022 1
Peregrine Global Growth Fund USD Class R Global - Equity - General 1,25% 1,38% 1,37% 0,14% 1,51% 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% 0,11% 1,48% 08-Sep-2021
EMERGING MARKET EQUITY
Peregrine Emerging Market Equity Fund USD R Emerging Market - Equity - General 1,25% 1,72% 1,71% 0,48% 2,19% 02-Jun-2021
MULTI-ASSET
Peregrine Global Balanced Global - Multi Asset - High Equity 1,25% 1,69% 1,66% 0,10% 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% 1,70% 0,10% 1,80% 01-Jul-2011 1
Peregrine Global High Equity Fund Class R USD Global - Multi Asset - High Equity 0,85% n/a 1,11% 0,17% 1,28% 14-Apr-2022
Peregrine Global Medium Equity Fund Class R USD Global - Multi Asset - Medium Equity 0,80% n/a 1,07% 0,26% 1,33% 26-Apr-2022
Peregrine Global Low Equity Fund Class R USD Global - Multi Asset - Low Equity 0,75% n/a 1,10% 0,60% 1,70% 26-Apr-2022
PROPERTY
Peregrine Global Real Estate Fund R Class Global - Real Estate 1,25% 1,42% 1,44% 0,07% 1,51% 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 April 2020 to 31 March 2023 unless stated otherwise. The TIC (Total Investment Charges) is the sum of these figures.
  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

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
H4 DIVERSIFIED FUND
H4 GROWTH FUND
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