Download PRUDENTIAL MEDICAL AID INFLATION PLUS 5% Q4 2016

PRUDENTIAL MEDICAL AID INFLATION PLUS 5%
Q1 2017
FACT SHEET
INSTITUTIONAL
GROWTH OF R100 MILLION INVESTMENT (GROSS RETURN VS BENCHMARK)
300
Composite*
280
Mar-17: R276.7m
Benchmark
260
R’Millions
240
Mar-17: R275.5m
220
200
180
160
140
ANNUALISED PERFORMANCE (GROSS OF FEES IN RANDS)
3 months
1 year
3 years
5 years
Since inception
COMPOSITE
1.8%
5.2%
8.7%
11.1%
11.2%
**BENCHMARK
3.3%
11.3%
10.7%
10.8%
11.2%
Mar-17
Oct-16
May-16
Dec-15
Jul-15
Feb-15
Sep-14
Apr-14
Nov-13
Jun-13
Jan-13
Aug-12
Mar-12
Oct-11
May-11
Dec-10
Jul-10
Feb-10
Sep-09
Apr-09
Nov-08
Jun-08
Jan-08
100
Aug-07
120
RELATIVE
-1.5%
-6.1%
-2.0%
0.4%
0.1%
**CPI + 5% over rolling three year period
TOP 10 SA EQUITY HOLDINGS (AS % OF SA EQUITY HOLDINGS)
1. Naspers Ltd -N14.8%
2. British American Tobacco/Reinet Investments
9.0%
3. MTN Group Ltd
6.8%
4. Sasol Ltd
5.8%
5. Old Mutual Plc
5.5%
6. Standard Bank Group Ltd
5.4%
7. Firstrand Ltd
4.5%
8. Anglo American Plc
4.2%
9. Sappi Ltd
3.8%
10. Investec
3.2%
ASSET CLASS CONTRIBUTIONS OVER THE QUARTER
SA Equities (excl SA Property)
SA Property
SA Bonds (excl ILB)
SA Inflation Linked Bonds
SA Cash (incl FRN)
International Bonds
International Cash
0.9%
0.1%
0.4%
-0.1%
0.5%
0.0%
-0.1%
PRODUCT OBJECTIVE:
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. This product targets a long-term real
return of 5% (CPI + 5%). It is managed in such
a manner that the likelihood of capital loss over
12 months is reduced. However, no guarantee
of capital over any period is given.
INVESTOR PROFILE:
Suitable for Medical Aid Schemes that seek steady
inflation-beating growth of capital through an
actively managed portfolio that complies with
Regulation 30 of the Medical Schemes Act.
FUND MANAGERS:
Michael Moyle, David Knee, Duncan Schwulst
and Johny Lambridis
OBJECTIVE:
CPI + 5% over rolling three year period
INCEPTION DATE:
September 2007
COMPOSITE SIZE:
R2 614 313 978
MINIMUM INVESTMENT SIZE:
Segregated: R500 million
Pooled Life: R20 million
COMPOSITE NAME:
Medical Aid Plus 5% Composite
ASSET ALLOCATION
30.2%
SA Equities (excl SA Property)
9.0%
SA Property
15.3%
SA Bonds (excl ILB)
14.2%
SA Inflation Linked Bonds
International Bonds
1.1%
9.3%
International Cash
0%
*A composite is an aggregation of one or
more portfolios managed according to a similar
investment mandate, objective, or strategy and
is the primary vehicle for presenting performance
to prospective clients.
Source: gipsstandards.org
20.9%
SA Cash (incl FRN)
5%
10%
15%
20%
25%
30%
35%
HOW TO INVEST
+27 21 670 5100
PRUDENTIAL DISCLAIMER
This document is for information purposes only and is not a solicitation to invest. Prudential Investment Managers (South Africa) (Pty) Ltd (‘Prudential’) is authorised and
registered as a discretionary financial services provider by the Financial Services Board of South Africa, in terms of the Financial Advisory and Intermediary Services Act. The
company’s registered office is: 7th Floor Protea Place, 40 Dreyer Street, Claremont, 7708. Information in this document has been obtained from sources believed to be
accurate and timely, but Prudential makes no representation or warranty, express or implied, with respect to the correctness, accuracy or completeness of the information
and opinions provided therein. This information is not intended to constitute a basis for any specific investment decision. Investors are advised to familiarise themselves
with the unique risks related to their investment choices, and should seek the advice of a qualified financial adviser before investing. The value of an investment will
fluctuate and past performance is not necessarily an indication of future returns.
GIPS® DISCLOSURE
Prudential Investment Managers (South Africa) (Pty) Ltd is a 100% operating entity within Prudential Portfolio Managers (South Africa) (Pty) Ltd. Prudential Investment
Managers (South Africa) (Pty) Ltd claims compliance with the Global Investment Performance Standards (GIPS). To receive a list of Prudential Investment Managers (South
Africa) (Pty) Ltd.’s composite descriptions and/or a presentation that complies with the GIPS standards, contact [email protected].
Page 1 of 1
Prudential Medical Aid Inflation Plus 5% Q1 2017
Sources: Prudential & Alexander Forbes
prudential.co.za
[email protected]