Holding Coronation. Even with the predicted reduction in dividends/capital reductions for next year (according to I-net), working on a 7% dividend yield still suggests some immediate upside to around R7,00. Furthermore, as the company is fond of stating, I like the fact that what is good for employees and customers is also good for shareholders (think performance bonusses!). Coronation also offers some offshore exposure (with interests in the UK) and is consistently rated as one of the three best unit trust managers in SA every year - very good for future growth - and they only manage R100 billion at the moment (as opposed to Old Mutual's R3 trillion).
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