Britam Holdings PLC · NSEKE:BRIT
Britam — Shareholder Meeting (2023)
38 slides from Britam's shareholder meeting presentation, 2023
Slide 1: Safeguarding Dreams & Aspirations
Safeguarding Dreams & Aspirations
Slide 2: Table of Contents
Table of Contents Safeguarding Dreams & Aspirations 2
Slide 3: Company Introduction
Company Introduction EPIC2 #OneBritam 3
Slide 4: Our Group Overview
Our Group Overview 4
Slide 5: Well Positioned for Emerging Opportunities
Well Positioned for Emerging Opportunities We are a regional diversified financial services Group… Britam is a leading diversified financial services Group listed on the Nairobi Securities Exchange with a presence in seven countries. Britam Uganda Britam Rwanda • Est. 2010 Britam Kenya – Headquarter
Slide 6: Our Ownership Structure
Our Ownership Structure International Institutional Investors Local Institutional Investors Local Individual Investors = 8.88% = 15.79% = 9.14% = 17.55% Solutions: Life Assurance General Insurance Health Insurance Retirement Planning Asset Management Property 6
Slide 7: Key Milestones – Asset Management Business
Key Milestones – Asset Management Business 2004 – Founded in Kenya to fill a gap in 2017 – Entry into 2023 – Unit Trust quality Fund 2020 - Licensed the 2016 –Hit UGX 2.6 Uganda market. 2022 – Hit UGX 900 Funds accessible via Management and Fixed Income Trillion in Assets Launched Unit Trust Bn in A
Slide 8: Products and Services
Products and Services • Incorporated in year 2011 to offer quality Fund Management and Investment Advisory services • Licensed and Regulated by; ✔ Capital Markets Authority (CMA) ✔ Retirement Benefits Authority (RBA) Retail & Corporate Institutional Real Estate (Kenya) • Unit Trust Funds • Pension S
Slide 9: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 10: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 11: Our EPIC2 #OneBritam Strategy
Our EPIC2 ..#OneBritam Strategy All About Customer Centricity • We are transforming Britam by putting Customer needs at the center of everything we do • Our Customers will experience “One Britam”; We will deploy deep customer insights and data analytics to understand their needs and provide the solu
Slide 12: Market and Economic Review
Market and Economic Review EPIC2 #OneBritam 12
Slide 13: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 14: Inflation
Inflation Inflation was volatile in 2022 peaking in October. Year on Year Inflation (%) 35.0 18.0 30.0 14.0 25.0 20.0 10.0 15.0 6.0 10.0 5.0 2.0 0.0 -5.0 -2.0 -10.0 -6.0 -15.0 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Headline Core Energy Fuel and Uti
Slide 15: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 16: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 17: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 18: Fund Performance
Fund Performance EPIC2 #OneBritam 18
Slide 19: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 20: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 21: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 22: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 23: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 24: Our Purpose, Vision and Mission
Our Purpose “Safeguarding dreams and aspirations” Our Vision To be the LEADING diversified financial services company in our chosen markets across Africa Our Mission Providing you with financial security EVERY STEP OF THE WAY Values Customer Focus, Integrity, Innovation, Respect
Slide 25: Investment Options
Investment Options EPIC2 #OneBritam 25
Slide 26: Financial Vs Real Assets
Financial Vs Real Assets Financial Assets derive value from contractual properties while real assets derive value from their physical properties Real Assets Financial Assets Determine productive wealth Define allocation of Defining of the society e.g land and income/wealth among Factor buildings inv
Slide 27: Asset Classes
Asset Classes The main asset classes include Equities and Fixed income Asset Classes Private Equities Fixed Income Commodities Property Equity Owning a listed Issuing debt to Physical goods Owning land or Owning private business someone with an end use buildings businesses 13 Source: BAM Research Sa
Slide 28: Investing in Fixed Income and Equities Products
Investing in Fixed Income and Equities Products Risk Appetite: Is it low, medium or high? Liquidity Needs: How soon do you require access to the funds? Expected Return: Compare with inflation and risk free assets like treasury bills and bonds Investment Horizon: Is it short (less than 1 year), mediu
Slide 29: Fixed Income Products in Uganda
Fixed Income Products in Uganda Treasury Money Market Commercial Bank Deposits Cash Bills Mutual Funds Papers Low Risk Low-Med Risk Low - Med Risk Med – High High Risk Low Return Low Return High Return High Return Risk No Return Treasury Micro-finance Wealth Loans to Bonds & Sacco management Corpora
Slide 30: Fund Accounts
Fund Accounts EPIC2 #OneBritam 30
Slide 31: Fund Accounts 2022
Fund Accounts 2022 • Britam Money Market Fund • Britam Umbrella Fund • Britam Fixed Income Money Market Fund
Slide 32: Britam Money Market Fund
Britam Money Market Fund Statement of profit or loss and other comprehensive income 2022 2021 Ugx ‘000 Ugx ‘000 Income Interest income 6,051,644 3,940,415 Realised gains on investments 42,836 93,501 Total income 6,094,480 4,033,916 Service fees (1,243,738) (793,078) Provision for impairment loss on
Slide 33: Britam Money Market Fund Statement of financial position
Britam Money Market Fund Statement of financial position 2022 2021 Ugx’000 Ugx’000 Assets Government securities 39,699,774 38,964,775 Investment with related parties 4,982,969 6,182,770 Deposits with financial institutions 4,305,426 1,523,092 Cash and bank balances 189,684 1,192,078 Total assets 49,
Slide 34: Britam Umbrella Fund
Britam Umbrella Fund Statement of profit or loss and other comprehensive income 2022 2021 Ugx ‘000 Ugx ‘000 Income Interest income 6,991,464 3,634,309 Realised gains on investments 48,876 525,477 Total income 7,040,340 4,159,786 Service fees (1,374,580) (777,566) Provision for impairment loss on inv
Slide 35: Britam Umbrella Fund
Britam Umbrella Fund Statement of financial position 2022 2021 Ugx’000 Ugx’000 Assets Government securities 61,667,053 28,224,627 Investment with related parties - 3,444,323 Deposits with financial institutions 2,500,923 3,132,421 Cash and bank balances 594,646 403,368 Total assets 64,762,622 35,204
Slide 36: Britam Fixed Income Money Market Fund
Britam Fixed Income Money Market Fund Statement of profit or loss and other comprehensive income 2022 2021 Ugx ‘000 Ugx ‘000 Income Interest income 12,440,218 8,519,014 Total income 12,440,218 8,519,014 Service fees (3,062,135) (1,664,841) Provision for impairment loss on investments 190,987 (614,84
Slide 37: Britam Fixed Income Money Market Fund
Britam Fixed Income Money Market Fund Statement of financial position 2022 2021 Ugx’000 Ugx’000 Assets Government securities 73,085,370 77,110,865 Corporate securities 9,236,825 11,044,910 Investment with related parties 360,873 381,168 Deposits with financial institutions 4,904,270 10,515,553 Cash
Slide 38: Safeguarding Dreams & Aspirations
Safeguarding Dreams & Aspirations