OLD MUAL SUPERFUND SUPERFUND CHOICE AND PRESERVER INVESTMENT PORTFOLIOS AND FEES LIST AS AT 1 SEPTEMBER 2015 Risk Profile Profile Name TRUSTEE CHOICE INVESTMENT PACKAGE 0.55% Capital : 0.70% per annum, deducted before declaration of bonus. STAGE INVESTMENT PACKAGE Smoothing stage Investment Option Old Mutual Absolute Smooth Growth Solutions) - Profile Pinnacle Solutions) - Profile Capital of s of s 0.55% Capital : 0.20% per annum, deducted before declaration of bonus. 0.55% Capital : 0.70% per annum, deducted before declaration of bonus. Single Manager stage Investment Option annual charge is made up of 0.65% on domestic assets plus an additional fee annual charge is made up of 0.40% on domestic assets plus an additional fee Multi Manager stage Investment Option Passive stage Investment Option Old Mutual Balanced Index 0.35% There may be a small month to month variation based on actual asset allocation. Old Mutual Conservative Index 0.32% There may be a small month to month variation based on actual asset allocation.
Risk Profile Profile Name (CPI + 4%) (CPI + 3%) (CPI + 6%) STRATEGY INVESTMENT PACKAGE Old Mutual Absolute Secure Growth 0.55% Capital : 2.7% per annum, deducted before declaration of bonus. Old Mutual CoreGrowth 100 1 0.24% Capital : 1.80% per annum, deducted before declaration of bonus. of s Old Mutual Conservative Index 0.32% There may be a small month to month variation based on actual asset allocation. Solutions) Profile Capital Defensive 1 0.96% Defensive (For) 1 0.96% Plus 3-5 annual charge is made up of 0.40% on domestic assets plus an additional fee Old Mutual Absolute Smooth Growth 0.55% Capital : 0.20% per annum, deducted before declaration of bonus. 0.55% Capital : 0.70% per annum, deducted before declaration of bonus. of s Old Mutual Albaraka Balanced 1.14% Old Mutual Balanced Index 0.35% There may be a small month to month variation based on actual asset allocation. Old Mutual Multi-Managers 2 Managed 0.73% Solutions) Profile Pinnacle 0.93% (For) 1 0.93% Balanced 0.92% Balanced (For) 1 0.92% annual charge is made up of 0.65% on domestic assets plus an additional fee 1 Fees are charged according to a sliding scale based on total Super Pension and/or Provident fund assets in the investment portfolio. This is an estimated fee based on asset values as at 30 June 2014. 2 SUPERFUND CHOICE AND PRESERVER INVESTMENT PORTFOLIOS AND FEES LIST
Risk Profile Profile Name Money Market Fixed-Interest (CPI + 4%) (CPI + 3%) FutureGrowth Core Money Market (OMIG SA Money Market) 0.25% Old Mutual Multi-Managers 2 Money Market 1 0.35% Taquanta Cash Pooled 1 0.25% Nedgroup Structured Limited Community Growth Gilt 0.57% Community Growth Management Company Investec Opportunity Income (Closed) 1.14% Investec s Nedgroup Investments Flexible Income 0.57% Nedgroup Collective Investments (RF) Proprietary Limited Old Mutual Bond 0.86% Old Mutual Absolute Secure Growth 0.55% Capital : 2.7% per annum, deducted before declaration of bonus. Old Mutual CoreGrowth 100 1 0.24% Capital : 1.80% per annum, deducted before declaration of bonus. Allan Gray Domestic Stable (Closed) 1.00% Allan Gray Global Stable 1.00% The basic annual charge is made up of 1% for domestic assets plus an additional fee ranging from 0.5% to 2.5% on international assets. Performance fee of 25% of outperformance of the benchmark over rolling 3 years. The basic annual charge is made up of 1% for domestic assets plus an additional fee ranging from 0.5% to 2.5% on international assets. Performance fee of 25% of outperformance of the benchmark over rolling 3 years. Allan Gray Limited Allan Gray Limited Investment Solutions 37.5% Equity Local 0.70% Investment Solutions Limited of s Old Mutual Conservative Index 0.32% There may be a small month to month variation based on actual asset allocation. Solutions) Profile Capital Solutions) Profile Stable Growth 0.53% Defensive 1 0.96% Defensive (For) 1 0.96% Plus 3-5 annual charge is made up of 0.40% on domestic assets plus an additional fee annual charge is made up of 0.45% on domestic assets plus an additional fee Taquanta Absolute (Closed) 0.50% Nedgroup Collective Investments (RF) Proprietary Limited annual charge is based on the most recent Total Expense Ratio and excludes 1 Fees are charged according to a sliding scale based on total Super Pension and/or Provident fund assets in the investment portfolio. This is an estimated fee based on asset values as at 30 June 2014. SUPERFUND CHOICE AND PRESERVER INVESTMENT PORTFOLIOS AND FEES LIST 3
Risk Profile Profile Name Old Mutual Absolute Smooth Growth 0.55% Capital : 0.20% per annum, deducted before declaration of bonus. 0.55% Capital : 0.70% per annum, deducted before declaration of bonus. Allan Gray Domestic Stable (Closed) 0.5% A performance fee of 20% is applicable on benchmark outperformance, subject to a maximum total fee of 2% pa (inclusive of basic annual charge). Allan Gray Limited Allan Gray Global Balanced 0.5% 0.5% basic annual charge for domestic assets. An additional fee may be charged ranging from 0.5% to 2.5% on international assets. A performance fee of 20% is applicable on benchmark outperformance, subject to a maximum total fee of 2% pa (inclusive of basic annual charge). Allan Gray Limited Coronation Global Houseview (Pre September 2013) 3 0.66% Coronation Global Houseview (Post September 2013) 1,4 0.60% Performance fee: 15% of benchmark outperformance, capped at 1.2% per annum. An additional fee is charged ranging from 0.5% to 1.5% on international assets. Investment Solutions 62.5% Equity 1 0.87% Investment Solutions Limited Investment Solutions Performer 1 0.80% Investment Solutions Limited of s Oasis Crescent Balanced Progressive of s 1.14% Performance fee: 20% of benchmark outperformance capped at 2% per annum. Oasis Crescent Management Company Limited Old Mutual Albaraka Balanced 1.14% Old Mutual Balanced Index 0.35% There may be a small month to month variation based on actual asset allocation. Solutions) Profile Balanced 0.57% annual charge is made up of 0.50% on domestic assets plus an additional fee Prudential Domestic Balanced 1 0.70% Prudential Managers (SA) Limited Prudential Global Balanced 1 0.70% An additional fee is levied for international assets at 0.6% Prudential Managers (SA) Limited Old Mutual Multi-Managers 2 Managed 0.73% (CPI + 5%) Coronation Domestic Absolute 0.60% Prudential Inflation Plus 0.76% Performance fee: 15% of outperformance over CPI + 5% over rolling 36 month period capped at 1.4% per annum annual charge is made up of on domestic assets plus an additional fee of 1%, levied on international assets. Prudential Manager s Limited 1 Fees are charged according to a sliding scale based on total Super Pension and /or Provident fund assets in the investment portfolio. This is an estimated fee based on asset values as at 30 June 2014. 3 Applies to participating employers who joined Super before September 2013. 4 Applies to participating employers who joined Super after September 2013. 4 SUPERFUND CHOICE AND PRESERVER INVESTMENT PORTFOLIOS AND FEES LIST
Risk Profile Profile Name Coronation Managed (Pre September 2013) 3 0.49% Performance fee: 20% of outperformance capped at 1.5% per calendar year. An additional fee is charged ranging from 0.5% to 1.5% on international assets. Coronation Managed (Post September 2013) 1,4 0.60% Performance fee: 20% of outperformance of quant benchmark over rolling 36 month, capped at 1.2% per annum. An additional fee is charged ranging from 0.5% to 1.5% on international assets. Investec Managed 0.63% Performance fee: 20% of outperformance to a maximum of 2.60% per annum (inclusive of basic annual charge) Investec s Solutions) Profile Pinnacle annual charge is made up of 0.65% on domestic assets plus an additional fee Foord Balanced annual charge is made up of 0.46% on domestic assets plus an additional fee of 1.35% (no VAT) levied for investments in Foord International. Performance fee of 10% is applicable on outperformance of benchmark over a rolling 24 month period uncapped. Foord s (RF) (Pty) Ltd High Reward High Volatility 0.93% (For) 1 0.93% Coronation Global Absolute (Pre September 2013) 3 0.49% Performance fee: 15% of outperformance of CPI + 7% over rolling 36 months, capped at 1.5% per annum. An additional fee is charged ranging from 0.5% to 1.5% on international assets. (CPI + 6%) Coronation Global Absolute (Post September 2013) 4 0.60% Balanced 1 0.92% Performance fee: 15% of outperformance of CPI + 6% over rolling 36 months, capped at 1.4% per annum. An additional fee is charged ranging from 0.5% to 1.5% on international assets. Balanced (For) 1 0.92% annual charge is based on the most recent Total Expense Ratio and excludes Performance fees in respect of international and hedge fund assets. omms 08.2015 L8209 1 Fees are charged according to a sliding scale based on total Super Pension and/or Provident fund assets in the investment portfolio. This is an estimated fee based on asset values as at 30 June 2014. 3 Applies to participating employers who joined Super before September 2013. 4 Applies to participating employers who joined Super after September 2013. Please Note: s quoted include VAT, where applicable. VAT is charged on investment portfolios, but not on Policy investment portfolios. Certain managers have higher investment charges on international assets than domestic assets. combines domestic and international fees based on current exposure, or is estimated assuming a 20% exposure to international assets, except where indicated otherwise. These fees were applicable as at 1 March 2015 and do not include any changes effected after that date. Old Mutual Multi-Managers fees are based on the structure that became effective as from January 2012 and based on assets held as at 30 June 2014. Investment Solutions Performer: fees are based on the structure that became effective as from November 2011. Current fees are slightly higher. Fees are determined for Pension and Provident separately. Every effort has been made to ensure the accuracy of the information in this document. The fees are subject to the charges and fees that the investment manager charges and these may change from time to time. Please refer to portfolio fact sheets for up to date portfolio information and the latest fees. If an error has been made in the information supplied above, the actual charges and fee of the investment manager will be applied by Old Mutual Super to your investment in the relevant portfolio. For more information on any of the investment portfolios listed above, please refer to the Investment Fact Sheets in the Super investments area at www.oldmutual.co.za/super. Old Mutual Corporate is a division of Old Mutual Assurance Company (South Africa) Limited, Jan Smuts Drive, Pinelands 7405, South Africa. Registration no: 1999/004643/06. Old Mutual Assurance Company (South Africa) Limited is a Licensed Financial Services Provider authorised in terms of the Financial Advisory and Intermediary Services Act, 2002, to furnish advice and render intermediary services with regard to long-term insurance and pension fund benefits, as well as providing intermediary services as a discretionary investment manager. Please note that this license does not cover the marketing of this product by persons other than Old Mutual and its staff. This document has been written for easy reading. Every effort has been made to ensure that this document and the products referred to, meet the statutory and regulatory requirements, pertaining to the manner and format in which information regarding financial products is presented. However, should you become aware of any breach of such statutory and regulatory requirements, please address the matter in writing to: The Compliance Officer, Old Mutual Corporate, PO Box 728, Cape Town 8000, South Africa.