Pre-Retirement Product Portfolio List as at 11 December 2015



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Pre-Retirement Product Portfolio List as at 11 December 2015 GENERAL INFORMATION OVERVIEW FEES (Excl. VAT) Name ification Hollard Prime Money Market Maximise interest income, preserve the fund's capital and provide immediate liquidity by investing in money market instruments with a residual maturity of less than 13 months. Interest Bearing Money Market SA Interest Bearing Money Market Conservative Monthly Compliant B 0.00% 0.30% 0.30% 0.41% Hollard Prime Yield Plus Regular and high level of income with lower volatility and relative capital stability, through investments in bonds, fixed deposits and other interest earning securities. Interest Bearing Short Term SA Interest Bearing Short Term Conservative Quarterly Compliant B 0.00% 0.55% 0.55% 0.72% Hollard Prime Dynamic Maximising income through investments in a spectrum of equity, bonds, money market or real estate markets. South Africa Sector Conservative Quarterly Compliant B 0.00% 0.75% 0.75% 0.79% Defensive FoF* + 2% p.a. over rolling 3 year periods, through a Moderate Bi-ly Compliant B 0.00% 1.25% 1.25% 1.85% Balanced FoF* + 4% p.a. over rolling 5 year periods, through a Equity Equity Moderate Bi-ly Compliant B 0.00% 1.30% 1.30% 1.66% Hollard Life Assurance Company Limited is an authorised Financial Services Provider Financial Services Provider Licence No. 17697 Company Registration No. 1993/001405/06 22 Oxford Rd, Parktown, Johannesburg, 2193 Tel: 0860 202 202 Fax: +27 (0)11 351 3816 Email: customercare@hollardinvestments.co.za

Name ification Assertive FoF* + 6% p.a. over rolling 7 year periods, through a Aggressive Bi-ly Compliant B 0.00% 1.35% 1.35% 1.81% Allan Gray Balanced To create long-term wealth for investors within the constraints governing retirement funds. It aims to outperform the average return of similar funds without assuming any more risk. Market value weighted average return of funds in the category, excl. the Allan Gray Balanced Moderate Bi-ly Compliant C 0.00% 0.30% - 1.30% 0.80% 1.22% Allan Gray Stable The aims to provide a high degree of capital stability and to minimise the risk of loss over any two-year period, while producing long-term returns that are superior to bank deposits. The 's benchmark is the daily interest rate as supplied by FirstRand Bank Limited plus 2%. Daily interest rate as supplied by FirstRand Limited plus 2% Conservative Quarterly Compliant C 0.00% 0.30% - 1.30% 0.80% 1.41% Coronation Balanced Defensive The fund aims to provide a reasonable level of current income and seeks to preserve capital in real terms, with lower volatility over the medium to longterm. Alexander Forbes 3month (STeFI) Index + 3% Conservative Quarterly Compliant B4 0.00% 0.00% - 1.10% 1.10% 1.35% 2

Name ification Coronation Balanced Plus To achieve the highest possible long-term return achievable within the constraints of the statutory investment restrictions for retirement savings Composite of 52.50% equities, 22.50% bonds, 14.5% foreign equities, 3.50% foreign bonds, 2% foreign cash. Moderate Bi-ly Compliant B4 0.00% 0.85% 0.85% 1.16% Coronation Capital Plus Focused on the preservation of capital over all rolling 12-month periods. Over the medium term, the objective is to produce real growth of at least 4% per annum. CPI + 4% Equity Moderate Quarterly Compliant B5 0.00% 0.35% - 1.85% 0.85% 1.15% Coronation Strategic To provide a higher total return than a traditional money market or pure income fund. The fund`s objective is to produce a return of at least 110% of the 3-month STeFI index. 110% of the 3- month SteFI Index Conservative Quarterly Compliant B4 0.00% 0.45% 0.45% 0.51% Foord Balanced To achieve steady growth of income and capital as well as the preservation of real capital (capital as adjusted for inflation). 10% international, 5% cash Moderate Bi-ly Compliant B2 0.00% 0.10% - uncapped 0.60% 1.30% Prudential Balanced To achieve steady long term growth of capital and income by investing in a diversified combination of domestic and international assets, where the asset allocation is tactically managed. Alexander Forbes Global Large Watch Median Moderate Bi-ly Compliant B 0.00% 0.60% + (0.95% - 1.05%) on foreign assets 0.60% 0.85% 3

Name ification Prudential Inflation Plus The primary objective is to outperform CPI by 5% (before fees) over a rolling 3 year period. The secondary objective is to reduce the risk of capital loss over any rolling 12 month period. The primary objective is to outperform CPI by 5% (before fees) over a rolling 3 year period Conservative Bi-ly Compliant B 0.00% 0.60% + (0.95%-1.05%) on foreign assets 0.60% 0.81% SIM Inflation Plus A flexible asset allocation fund which aims to deliver smooth, positive real returns, targeting CPI +4% over a rolling 3 year period. Capital protection is of primary importance. This fund uses derivatives to protect capital CPI+4% over rolling 3yr period Conservative Bi-ly Complaint B4 0.00% 0.60% 0.60% 0.80% STANLIB Balanced To generate a reasonable level of current income and capital growth. The invests in a diversified spread of cash, bonds, property, equity and offshore assets with a maximum of 75% in equities. FTSE/JSE Shareholders Weighted All Share Index 60%; BEASSA All Bond Index 25%; MSCI World Index 9%,Barclays Global Aggregate Bond Index 6% Moderate Bi-ly Compliant B1 0.00% 1.00% 1.00% 1.30% STANLIB Extra To provide a reasonable level of current income and maximum stability for capital invested. The Weighted Average Duration of the portfolio is a maximum of 2 years. Investments will include a flexible mix of non-equity securities, including, but not limited to money market instruments, bonds, fixed deposits, listed debentures and other high yielding securities. The portfolio may have direct and/or indirect foreign exposure. STeFI Composite Index Conservative Quarterly Compliant R 0.00% 0.75% 0.75% 0.85% 4

Notes: 1. This Pre-Retirement Product Portfolio List is applicable to investments made into the Hollard Pension Preservation Plan, Hollard Provident Preservation Plan and Hollard Retirement Annuity Plan. 2. : The fee charged within an Investment Portfolio when the Investment Portfolio performance is equal to the performance of its benchmark 3. TER: Reflects the total expense ratio of the Investment Portfolio. This is the global standard used to measure the impact that the deduction of management and operating costs has on an Investment Portfolios value. It gives you an indication of the effects that these costs have on the growth of your investment portfolio. 4. *FoF: of s 5