Sanlam Limited · JSE:SLM
Sanlam — Investor Presentation (May 2023)
36 slides from Sanlam's investor presentation, May 16, 2023
Slide 1: Sanlam Umbrella Fund: Investment Feedback Session
Sanlam Umbrella Fund: Investment Feedback Session Guidelines for this Webinar Your cameras and microphones have been disabled for this webinar Please send through questions via the Q&A button on the toolbar A recording of this session and the slide deck will be made available 16 May 2023 on the link
Slide 2: Agenda
AGENDA Recent updates from Economic Overview Sanlam Umbrella Fund Nzwananai Shoniwa Panel Discussion Managing Executive Umbrella Moderated by Sollie Tsie Solutions Update on the Performance of Our success is founded on the Funds’ investment portfolios Passion Paul Wilson / CIO / Sanlam Investments M
Slide 3: Recent updates from Sanlam Umbrella Fund
Nzwananai Shoniwa Managing Executive Umbrella Solutions Recent updates from Sanlam Umbrella Fund
Slide 4: mPreceding Year mChange
2 2 =} 2 a mPreceding Year mChange
Slide 5: SUF Board of Trustees Update
© Sanlam Live with confidence SUF BOARD OF TRUSTEES UPDATE Financial Planning | Investments | Insurance | Retirement | Wealth
Slide 6: Sanlam Umbrella Fund welcomes Joelene Moodley
Sanlam Umbrella Fund welcomes Joelene Moodley As our new Principal Officer
Slide 7: SUF Board of trustees
SUF Board of trustees ➢ Independent Trustees election – 1 July 2023 (9 shortlisted) ➢ Voting from the 4 May - 31 May 2023 ➢ Successful candidates will be informed early June. ➢ Yvette Harris appointed sponsor Trustee – 1 February 2023 ➢ Kobus assisting the fund till 31 Dec 2023 ➢ Shamiega Manuels ap
Slide 8: Our Panel
Solly Tsie Head Investment Strategy: Sanlam Corporate Investments Natasha Narsingh Chief Executive: Meet Sanlam Investment Management Our Panel Paul Wilson Chief Investment Officer: Sanlam Investments Multi Manager
Slide 9: Market performance as at 30 April 2023
Market Performance 3 months YTD 6 months 1 year 3 years 5 years 10 years Equities (All Share Index) -0.2% 8.7% 19.4% 12.6% 20.2% 10.0% 10.9% Equities (Capped SWIX) -0.9% 6.0% 12.9% 7.9% 19.0% 6.4% 9.0% Property 1.0% 0.0% 7.6% 3.3% 17.6% -4.5% 1.2% Local Nominal Bonds -0.7% 2.2% 6.9% 6.4% 9.8% 6.8% 6
Slide 10: Economic Themes
Economic Themes
Slide 11: y € | D> = CJ > =
y € | 8 D> = CJ 9 > =
Slide 12: Recession Avenue
RECESSION AVENUE a?
Slide 13: Our ambition is to make a real sustainable difference to people and planet
Our ambition is to make a real sustainable difference to people and planet
Slide 14: What to Expect in 2023
What to Expect in 2023 2D MONE7, ay: TIGHT Ah, = AT ly 2 & %@ % 8 | 2 EXS RE Se | oF ee S i PA
Slide 15: Performance
Danie van Zyl Head: Smooth Bonus Centre of Excellence Sanlam Corporate Investments Paul Wilson Chief Investment Officer: Sanlam Investments Multi Manager Performance
Slide 16: Fund Default Strategies
Fund Default Strategies
Slide 17: Trustee approved defaults
Trustee approved defaults One of Two Strategies LIFESTAGE PROTECTION Sanlam Sanlam Sanlam Passive Wealth Volatility Stable Sanlam Blue Lifestage Lifestage Creation Protection Secure Stable Lifestage Strategy Strategy Lifestage Strategy Strategy Strategy Strategy Strategy
Slide 18: Lifestage strategy
Lifestage strategy Accumulation phase Preservation phase Assets split between 100% To Capital 100% Accumulation accumulation portfolio Protection Phase Portfolio and appropriate Preservation preservation portfolio portfolio 50 Monthly Switches Years to Retirement retirement 40 6 2 Sanlam Accumulatio
Slide 19: Accumulation vs Wealth Creation
Accumulation vs Wealth Creation Outperform Outperform the an Aggressive Peer Group SAA LMW Building block approach Hybrid approach Outperform Outperform peers in risk- peers in risk-on on markets and sideways markets AS AT 30 APRIL 2023 * THE RETURN FOR APRIL 2023 IS AN ESTIMATE
Slide 20: Lifestage strategies as at April 2023
Lifestage strategies as at 30 April 2023 Accumulation Phase 3 months 6 months 1 year 3 years 5 years 10 years Sanlam Accumulation Portfolio 1.2% 11.1% 9.5% 14.7% 8.4% n/a Benchmark 1.9% 11.3% 10.5% 14.6% 8.1% n/a Sanlam Passive Accumulation Portfolio 1.8% 11.5% 10.3% 15.7% 8.7% 10.0% Benchmark 1.9%
Slide 21: Performance relative to umbrella peers
Performance relative to umbrella peers 6 months 12 months 36 months Sanlam Wealth Creation 13.7% OM MM Inf. Plus 5-7% 8.4% OM MM Inf. Plus 5-7% 20.1% Portfolio Sanlam Accumulation Sanlam Wealth Creation Sanlam Wealth Creation 13.6% 6.9% 19.4% Portfolio Portfolio Portfolio MOM Classic Factor 7 13.4%
Slide 22: Member Choice Portfolios
Member Choice Portfolios
Slide 23: Member Investment Choice
Member Investment Choice Moderate Aggressive Moderate Sanlam Accumulation Portfolio SMM 70 SMM Select Balanced Fund SIM Balanced Fund Conservative SIM Temperance Balanced Fund SMM NUR Balanced potential return (%) SATRIX Enhanced Balanced Tracker Sanlam The Most Aggressive Portfolio SPW Balanced SMM
Slide 24: Moderate aggressive portfolios
Moderate aggressive portfolios 1 year 3 years 5 years PSG Balanced Fund 17.9% PSG Balanced Fund 27.8% Truffle Balanced Fund 12.3% Allan Gray Global Balanced Fund 14.1% Camissa Balanced Fund 17.7% Camissa Balanced Fund 11.0% SPW Balanced Fund 14.0% Coronation Houseview Portfolio 16.5% PSG Balanced Fu
Slide 25: Moderate conservative portfolios
Moderate conservative portfolios 1 year 3 years 5 years SMM Moderate SMM Moderate SMM Moderate 9.1% 15.3% 11.6% Absolute Fund Absolute Fund Absolute Fund SIM Moderate Absolute 8.7% SMM 50 Portfolio 13.4% SMM 50 Portfolio 8.5% Fund SMM 50 Portfolio 8.0% SMM 30 Portfolio 11.7% SMM 30 Portfolio 8.3% SM
Slide 26: Protection strategies
Protection strategies
Slide 27: Protection Strategies
Protection Strategies Sanlam Sanlam Volatility Secure Stable Protection Strategy Strategy Strategy 100% 100% 75% Monthly Bonus Fund Sanlam Stable Bonus Portfolio Sanlam Monthly Bonus Fund 25% Satrix Enhanced Balanced Tracker Fund
Slide 28: Protection Strategies performance
Protection Strategies 12.0% 9.7% 9.5% 9.3% 9.1% 10.0% 7.8% 7.5% 7.3% 7.1% 7.1% 7.1% 6.9% 6.6% 6.5% 8.0% 5.4% 5.1% 5.0% 6.0% 2.6% 2.4% 2.3% 4.0% 1.7% 2.0% 0.0% 3 months 1 year 3 years 5 years 10 years Volatility Protection Strategy Sanlam Secure Strategy Sanlam Stable Strategy Inflation Gross As at 3
Slide 29: Preservation Phase
Preservation Phase mnt i veel sy tin
Slide 30: Sanlam Capital Protection Portfolio
Sanlam Capital Protection Portfolio Accumulation phase Preservation phase Assets split Trustee approved between 100% accumulation default accumulation portfolio and Sanlam Stable Bonus Portfolio phase Preservation portfolio 50 monthly switches 40 6 2 0 Years to retirement
Slide 31: Why?
Underlying portfolio in the Capital Protection Portfolio - Sanlam Stable Bonus Portfolio. This portfolio protects the invested capital by guaranteeing the net contributions invested. The Stable Bonus Portfolio provides investors with exposure financial markets and equities, but also protects against
Slide 32: Performance
Performance Gross bonuses to 30 April 2023 (annualised) 12% 9.7% Sanlam Capital 9% Protection 7.1% 7.1% 7.3% 7.1% Portfolio 6% 5.4% 5.1% 5.0% Inflation 3% 0% 1 year 3 years 5 years 10 years REAL RETURNS 1 year 3 years 5 years 10 years Capital Protection Portfolio 0.1% 1.9% 2.2% 4.6% Inflation up to
Slide 33: Net cumulative bonuses since January 2017
80 90 100 110 120 130 140 150 160 Jan-17 Mar-17 May-17 Jul-17 Sep-17 Nov-17 From 1 January 2017 to 31 March 2023 Jan-18 Mar-18 May-18 Jul-18 Sep-18 Nov-18 Sanlam Capital Protection Portfolio Jan-19 Mar-19 May-19 Jul-19 Momentum Multi-Manager Smooth Growth (global) Sep-19 Nov-19 Jan-20 Mar-20 May-20
Slide 34: Why is smoothing beneficial for retirees?
Why is smoothing beneficial for retirees? Solly Solly retires end of March 2019 Sanlam Capital Protection Portfolio Average Balanced Fund (Global LMW median) Danie Danie retires end of March 2020
Slide 35: Thank you
thank you®
Slide 36: Live with confidence
© Sanlam Live with confidence