Enhanced Investments - Financial Portal

Updated Trading Statement

Published: 2023-05-18 16:00:37 ET

CORONATION FUND MANAGERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1973/009318/06
Share code: CML
ISIN: ZAE000047353
LEI: 3789001BC9A29E6FF77
(“Coronation” or “the Company”)


                                 UPDATED TRADING STATEMENT



Shareholders are referred to the SENS announcement released on 21 April 2023, in respect of the
Trading Statement published by the Company.

In terms of the JSE Limited Listings Requirements, if after publication of a trading statement but before
publication of the relevant periodic financial results, an issuer becomes reasonably certain that its
previously published number, percentage or range in the trading statement is no longer correct, then
the issuer must publish an updated trading statement.

Fund management earnings per share (“FMEPS”) for the six months ended 31 March 2022 (“prior
period”) was 214.8 cents per share and is expected to decrease between 102% to 112% (219.1 to
240.6) resulting in a fund management loss per share of between 4.3 to 25.8 cents per share.

Fund management earnings are used by management to measure operating financial performance,
being profit for the period excluding the net mark-to-market impact of unrealised fair value gains and
losses, and related foreign exchange, on investment securities held. The impact of the net mark-to-
market of fair value gains and related foreign exchange is 19.1 cents per share, compared to net fair
value losses and related foreign exchange of 15.7 cents per share reflected in the prior period.

Earnings per share (“EPS”), headline earnings per share (“HEPS”) and diluted headline earnings per
share (“DHEPS”) for the prior period were 199.1 cents per share and are expected to decrease
between 89% to 99% (by 177.2 to 197.1 cents per share), resulting in earnings per share, headline
earnings per share and diluted headline earnings per share of between 2.0 to 21.9 cents per share.




Cape Town
18 May 2023
Sponsor
PSG Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.