Sanlam Limited · JSE:SLM

Sanlam — Conference Presentation (November 2020)

24 slides from Sanlam's conference presentation, Nov 4, 2020

  1. Slide 1: Hindsight is 2020, Foresight isn't

    HINDSIGHT IS 2020, FORESIGHT ISN’T Darryl Moodley 4 November 2020 Insurance | Financial Planning | Retirement | Investments | Wealth

  2. Slide 2: Slide 2

  3. Slide 3: 2019 vs 2020

    2019 VS 2020 COVID-19 US-China Trade war Brexit Slowing Eskom growth

  4. Slide 4: Only old and sick are attacked by a wolf

    Only old and sick are attacked by a wolf You know that lam a wolf, why don't you run away? A healthy well-trained body survives a wolf-bite We rely on herd immunity

  5. Slide 5: Covid-19: Where are we now?

    COVID-19: WHERE ARE WE NOW? Source: John Hopkins

  6. Slide 6: Countries that suffered

    COUNTRIES THAT SUFFERED SOURCE: FINANCIAL TIMES (2020)

  7. Slide 7: Donald J. Trump tweets on Covid-19

    @ Donald J. Trump Tonight, and | tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER! @ Donald J. Trump | will be leaving the great Walter Reed Medical Center today at 6:30 P.M. Feeling really good! Don't be afraid of Covid.

  8. Slide 8: Slide 8

  9. Slide 9: What do the bookies think?

    WHAT DO THE BOOKIES THINK? Source: Oddschecker

  10. Slide 10: Economic outlook

    ECONOMIC OUTLOOK 115.0 110.0 105.0 100.0 95.0 90.0 85.0 2019:Q1 2019:Q2 2019:Q3 2019:Q4 2020:Q1 2020:Q2 2020:Q3 2020:Q4 2021:Q1 2021:Q2 2021:Q3 2021:Q4 World Advanced Economies Emerging market and developing economies excluding China China SOURCE: IMF ESTIMATES

  11. Slide 11: Tech billionaires net worth rises exponentially

    TECH BILLIONAIRES NET WORTH RISES EXPONENTIALLY

  12. Slide 12: Quotes from President Cyril Ramaphosa

    “Covid-19 did not destroy our economy. We’re trying to recover from decades of bad governance and poor ANC policies, and it is disingenuous and opportunistic to try to claim otherwise. We were in junk status long before anyone had heard of the word coronavirus.” – President Cyril Ramaphosa ‘As I hav

  13. Slide 13: Debt ratio scenarios

    DEBT RATIO SCENARIOS 100 Debt stabilization requires long: term real GDP growth of 3% 2027 2025 2023 2021 2019 2017 2015 2013 2011 2009 2007 2005 2003 2001 1999 1997 1995 1993 1991 1989 1987 1985 1983 1981 1979 1977 1975 1973 1971 1969 1967 1965 ——Sanlam =MTBPS 2020

  14. Slide 14: Fiscal measures to fight Covid-19

    FISCAL MEASURES TO FIGHT COVID-19 Fiscal stimulus as a % of GDP 35 30 25 20 15 10 5 0 Canada United Kingdom Russia Indonesia Argentina Saudi Arabia Turkey Mexico France Spain China Italy Korea Australia Japan India South Africa Germany United States Brazil Additional spending and forgone revenue Loa

  15. Slide 15: The repo rate

    THE REPO RATE 12% 11% 10% 9% 8% 7% 6% 5% 4% 3% 2% 12/12/2008 12/12/2009 12/12/2010 12/12/2011 12/12/2012 12/12/2013 12/12/2014 12/12/2015 12/12/2016 12/12/2017 12/12/2018 12/12/2019 SOURCE: SARB (2020)

  16. Slide 16: FTSE/JSE All Share

    FTSE/JSE ALL SHARE AS AT 2 NOV 2020

  17. Slide 17: It's clear as daylight

    IT’S CLEAR AS DAYLIGHT YTD 1 year 3 year 5 year 60% 40% 24.3% 20% 14.6% 12.6%14.3% 11.0%9.5% 11.7% 8.5% 6.8% 7.5% 7.1% 7.3% 4.7% 4.9% 5.9% 2.7% 2.2% 0% -1.3% -7.1% -5.8% -20% -14.7% -26.5% -40% -50.9% -51.6% -60% SA Equity SA Bonds SA Property SA Cash Global Equity Global Bonds AS AT 30 SEPTEMBER 20

  18. Slide 18: Performance

    PERFORMANCE 1 year 3 year Sanlam Lifestage Accumulation 1.0% Sanlam Lifestage Accumulation 2.8% Volatility Protection Strategy 5.0% Volatility Protection Strategy 5.8% Sanlam Blue Lifestage Sanlam Blue Lifestage 0.7% 2.7% Accumulation Accumulation Passive Lifestage Accumulation 0.7% Passive Lifestag

  19. Slide 19: ESG

    ESG Doing no harm

  20. Slide 20: How we're responding to Covid-19

    How we’re responding to Covid-19 Sanlam is supporting South African businesses negatively impacted by Covid-19 — from SMEs to large corporates — with a committed investment of R2.25 billion into three strategies aligned with the core impact theme of job preservation and creation. We are looking to m

  21. Slide 21: Market segment: SME, Corporate, Mid-market

    Marketsegment SME Corporate Mid-market Sanlam R250 million | R1 billion | R1 billion Targetreturn Jibar+6% | Jibar + 2-3% | 25% IRR Employment Inclusive growth DECENT WORK AND S arr Decent employment through inclusive growth A skilled and capable workforce to support an inclusive growth path 1 pover

  22. Slide 22: Slide 22

  23. Slide 23: Hindsight is 20/20

    HINDSIGHT,IS,20/20 1. UNLESS YOU'RE MESTHEN ITS CALLED FACTUAL HINDSIGHT. BELIEVE ME

  24. Slide 24: Wealthsmiths

    © Sanlam Wealthsmiths”

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