Coherent's investment process turns the random motion of commodity prices into a predictable payoff profile — the same way a breakwater turns open swell into calm water.
Growth assets like equities aren't an inflation hedge — they're an attempt to outrun inflation.
Inflation consists of goods and services, and commodities are the goods which inflation is measured against.
This makes commodities the one asset class reliably correlated with inflation.
Exposure spans the agriculture, energy and metals sectors rather than a single commodity bet, reducing the idiosyncratic risk of any one commodity.
Profits are harvested by an explicit process, not a subjective directional view — the same process behind decades of institutional commodity mandates.
The team managing these portfolios has managed real portfolios through most of the historical events described in today's textbooks. Those real-world lessons have been built into today's investment process.
Maps your view on CPI and GDP surprise onto the Coherent Commodity Matrix to derive an indicative allocation, pro-rated to Reg. 28, Coherent's quant range, or a custom mandate.
Open calculatorTraces commodity futures forward curves and FX through to an indicative South African CPI path — a discussion aid for how commodity moves feed through to headline inflation. This, in turn, feeds into the Strategic Asset Allocation Calculator above.
Open calculatorFrom bespoke institutional segregated mandates to diversified, risk-managed commodity portfolios listed on local and international exchanges, Coherent's award-winning team has been trading and managing real commodity portfolios for decades.
That experience runs from fuel consumers hedging physical exposure through to retail investors accessing commodities for the first time — everyone touched by rising prices, and everyone underserved by growth assets alone.