Sanlam Limited · JSE:SLM
Sanlam — Investor Presentation (May 2025)
34 slides from Sanlam's investor presentation, May 22, 2025
Slide 1: Guidelines for this Webinar
Guidelines for this Webinar Your cameras and microphones have been disabled for this webinar. Send through Questions via the Q&A button on the toolbar, these will be addressed at the end of our presentations. A recording of this webinar will be made available to you post the event. 1
Slide 2: Sanlam Umbrella Fund: Investment Feedback Session 22 May 2025
Sanlam Umbrella Fund: Investment Feedback Session 22 May 2025 2
Slide 3: Agenda
Agenda Economic Overview Panel Discussion Solly Tsie Head: Investment Strategy Sanlam Corporate Investments Welcome and Introduction Paul Wilson Chief Investment Officer: Sanlam Investments Multi Manager Nzwananai Shoniwa Aleeshia Naicker Managing Executive: Sanlam Umbrella Solutions Senior Investme
Slide 4: Welcome and Introduction
Welcome and Introduction Sanlam Umbrella Fund Assets under management (AUM) YTD R124.7bn Nzwananai Shoniwa Managing Executive: Sanlam Umbrella Solutions Sanlam Corporate 4
Slide 5: What's happening?
What’s happening? Sanlam Blue Accumulation Phase NEW Sanlam SPW Multi-Asset Balanced Growth Fund 48.9% 51.1% Sanlam Blue Accumulation phase changed in November 2024 Addition of Sanlam Multi Asset Growth Fund Member Investment Choice menu under review 5
Slide 6: Economic Overview
Economic Overview Panel Discussion Solly Tsie Carmen Nel Head Investment Strategy: Head of Multi-Asset Sanlam Corporate Investments Terebinth Capital (Pty) Ltd Paul Wilson Aleeshia Naicker Senior Investment Consultant Chief Investment Officer Simeka Consultants and Actuaries Sanlam Investments Multi
Slide 7: Market performance as at 30 April 2025
Market performance as 30 April 2025 1 month 3 months YTD 6 months 1 year 3 years 5 years 10 years 15 years Equities (All Share Index) 4.3% 8.0% 10.5% 9.2% 24.6% 12.4% 17.0% 9.0% 11.7% Equities (CAPI) 4.2% 7.6% 10.3% 9.0% 24.4% 11.9% 17.7% 9.0% 11.7% Property 7.6% 6.3% 3.8% 6.0% 29.7% 15.0% 19.1% 2.2
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Slide 10: Sanlam
Sanlam inessDay 20250225 — I REPEAT... NO GNU TAXEG/ NO GNU BORROWING / 10
Slide 11: Investment Markets Have Endured Downturns Before
Investment Markets Have Endured Downturns Before 95000 Domestic Equities (JSE All Share Index) Since 2002 85000 75000 65000 55000 45000 35000 25000 2020 - 2020 2002 - 2005 15000 2008 - 2010 5000 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Slide 12: Performance
Performance Paul Wilson Chief Investment Officer Sanlam Investments Multi Manager Solly Tsie Head Investment Strategy: Sanlam Corporate Investments 12
Slide 13: Sector Global Market Performance
Market Performance 1 month 3 months YTD 6 months 1 year 3 years 5 years 10 years 15 years Equities (All Share Index) 4.3% 8.0% 10.5% 9.2% 24.6% 12.4% 17.0% 9.0% 11.7% Equities (CAPI) 4.2% 7.6% 10.3% 9.0% 24.4% 11.9% 17.7% 9.0% 11.7% Property 7.6% 6.3% 3.8% 6.0% 29.7% 15.0% 19.1% 2.2% 8.3% Local Nomi
Slide 14: Fund Default Strategies
Fund Default Strategies 14
Slide 15: 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 15
Slide 16: 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 17: Lifestage strategy
Lifestage strategy Accumulation Phase Portfolio 3 months 6 months YTD 1 year 3 years 5 years 10 years Sanlam Accumulation Lifestage Sanlam Accumulation Portfolio 1.0% 3.2% 1.0% 14.5% 10.9% 16.3% 8.5% Benchmark 1.3% 3.3% 1.3% 14.4% 10.8% 16.1% 8.5% Sanlam Passive Lifestage Strategy Satrix Enhanced Ba
Slide 18: Performance relative to large umbrella funds lifestage strategies (multi-managed portfolios)
Performance relative to large umbrella funds lifestage strategies (multi-managed portfolios) YTD 1 year 3 years 5 years Sanlam Accumulation Sanlam Wealth Sanlam Wealth Creation AF High Growth 2.0% 14.5% 10.9% 16.8% Portfolio Creation Portfolio Portfolio Sanlam Accumulation AF Performer 1.2% AF High
Slide 19: Performance relative to large umbrella funds lifestage strategies (passive / rules-based)
Performance relative to large umbrella funds lifestage strategies (passive / rules-based) 1 year 3 years 5 years Satrix Enhanced Liberty Balanced Balance Tracker 16.7% Liberty Balanced 10.8% Fund Tracker Fund 16.4% Tracker Fund Satrix Enhanced Liberty Balanced Satrix Enhanced Tracker Fund 16.1% Bala
Slide 20: Member Choice Portfolios
Member Choice Portfolios 20
Slide 21: Member Investment Choice
Member Investment Choice Moderate Aggressive Moderate Sanlam Accumulation Portfolio Sanlam Wealth Creation Portfolio SMM 70 Conservative SMM Select Balanced Fund SIM Temperance Balanced Fund SMM NUR Balanced SATRIX Enhanced Balanced Tracker potential return (%) Sanlam The Most Aggressive Portfolio S
Slide 22: Moderately aggressive portfolios
Moderately aggressive portfolios 1 year 3 years 5 years Camissa Balanced Fund 20.4% PSG Balanced Fund 12.9% PSG Balanced Fund 23.3% PSG Balanced Fund 18.1% Allan Gray Global Balanced Fund 11.9% Sanlam Multi Asset Growth Fund 19.2% Truffle Balanced Fund 16.5% Coronation Houseview Portfolio 11.7% Coro
Slide 23: Moderate and conservative portfolios
Moderate and conservative portfolios 1 year 3 years 5 years SMM 30 Portfolio 13.8% SMM Moderate Absolute Fund 10.1% SMM Moderate Absolute Fund 14.9% SMM 50 Portfolio 13.7% SMM 50 Portfolio 9.9% SMM 50 Portfolio 14.6% SIM Moderate Absolute Fund 13.1% SMM 30 Portfolio 9.7% SMM 30 Portfolio 13.0% SMM M
Slide 24: Protection strategies
Protection strategies Sanlam
Slide 25: 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 25
Slide 26: Protection Strategies
Protection Strategies 11.2% 11.2% 12.0% 10.2% 9.9% 9.5% 9.3% 10.0% 8.6% 8.5% 8.5% 8.5% 7.9% 7.8% 8.0% 5.2% 6.0% 5.0% 4.8% 3.2% 4.0% 2.6% 2.4% 2.2% 1.3% 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 bonu
Slide 27: Preservation Phase
Preservation Phase 27
Slide 28: Capital Protection Portfolio
Sanlam Capital Protection Portfolio Accumulation phase Preservation phase Assets split Trustee approved default between 100% accumulation accumulation phase portfolio and Sanlam Stable Bonus Portfolio Preservation portfolio 50 monthly switches 40 6 2 0 Years to retirement
Slide 29: Performance
Performance Gross bonuses to 31 March 2025 (annualised) 12.0% 11.2% 10.0% 9.5% 8.5% 8.5% 8.0% Sanlam Capital Protection 6.0% 5.2% 4.8% 5.0% 4.0% 3.2% Inflation 2.0% 0.0% 1 YEAR 3 YEARS 5 YEARS 10 YEARS REAL RETURNS 1 year 3 years 5 years 10 years Sanlam Capital Protection 8.0% 4.3% 3.7% 3.5% Inflati
Slide 30: Cumulative gross bonuses
Cumulative gross bonuses 100 120 140 160 180 200 80 Jan-17 Mar-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Jul-18 Sep-18 Sanlam Capital Protection Portfolio Nov-18 Jan-19 Mar-19 May-19 Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 Gross Cumulative Bonuses May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-2
Slide 31: Why?
Underlying portfolio in the Capital Protection Portfolio - Sanlam Stable Bonus Portfolio. This portfolio protects the invested capital by Why? guaranteeing the net contributions invested. The Stable Bonus Portfolio provides investors with exposure financial markets and equities, but also protects ag
Slide 32: 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 32
Slide 33: In conclusion
In conclusion Solly Tsie Head: Investment Strategy Sanlam Corporate Investments 33
Slide 34: Thank you
Thank you 34