IMS. Risk Profiler Investec Investment Management Services. Name: Financial adviser: Risk profile prepared by:

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1 Risk Profiler Name: Financial adviser: Risk profile prepared by: This document or any of its content may not be in whole or in part, be copied, modified, distributed, retransmitted, redistributed, or released to any third party. The user represents and warrants that it will not use or permit the use of the document or any of its content for any purpose other than authorised internal use and warrants that it will not, without the prior written consent of Investec Asset Management, directly or indirectly redistribute, or knowingly facilitate redistribution of, all or any portion of the document.

2 Investec Risk Profiler investment. Different investments can have different profiles, so you need to keep your specific investment in mind when answering the questions. For each question, choose the answer that is closest to the truth, and write down the corresponding score. When you re done, add up your scores, divide by 8 to get an average score, and look up the corresponding volatility risk profile. Our funds are profiled using exactly the same volatility risk profiles, making it easy for you to short-list those funds that match your specific needs. Be sure to return to any questions where your score differed from the average by more than 1. These differences might indicate a misunderstanding or unrealistic expectation, and they should be discussed in detail with your financial adviser. Please also note that this risk profiler is only an educational tool and can never replace a complete and professional financial plan Score How would you describe your age, work status and life stage? What is your main goal or objective with this specific investment? Would you say this investment is for the short term or for the long term? When are you planning to make withdrawals from this investment? What return do you require over the full term of this investment? What proportion of this return should be in the form of distributions? What s the very best return you would expect over any oneyear period? What s the worst return you could cope with over any one-year period? Average score I m older than 70, retired and enjoying my life savings. To receive a regular income with capital preservation. I d say this investment is for the short term only. I m likely to withdraw it all during the next 5 years. A return equal to the inflation rate which would ensure the purchasing power of my investment. I d prefer all of the return in the form of income distributions. 10% in a really good as low as -10% in a I m in my 60s, I m recently retired or close to retirement. To receive a regular income with minimal capital growth. I d say this investment is for the short to medium term. I m likely to withdraw it all during the next 5 to 10 years. 2% per year more than the inflation rate over the period. I d prefer most of the return in the form of income distributions. 22% in a really good as low as -18% in a I m in my 50s, still working hard but my earnings have levelled off. Stable inflationbeating capital growth with some income. I d say this investment is for the medium term. I m likely to withdraw it all during the next 10 to 15 years. 4% per year more than the inflation rate over the period. I d prefer the return to be both distributions and capital gains. 34% in a really good as low as -26% in a I m young but close to half-way through my working lifetime. High inflation-beating capital growth with little income. I d say this investment is for the medium to long term. I m likely to withdraw it all during the next 15 to 20 years. 6% per year more than the inflation rate over the period. I d prefer most of the return in the form of capital gains. 46% in a really good as low as -34% in a I m young and most of my working lifetime lies ahead of me. Opportunistic capital growth with no need for income. I d say this is investment is opportunistic and not for a term. I m likely to make opportunistic withdrawals at the right time. 8% per year more than the inflation rate over the period. I d prefer almost all of the return in the form of capital gains. 58% in a really good as low as -42% in a Volatility risk profile Low = 1 Low to moderate = 2 Moderate = 3 Moderate to high = 4 High = 5 1

3 Low risk profile Low risk funds generally have the following characteristics: 1 They are often suitable for people who are retired and enjoying their life savings. 2 They usually provide a regular income with a focus on capital preservation. 3 They are normally appropriate for short-term investments. 4 They are usually suitable for withdrawals during the next 5 years. 5 A return equal to the inflation rate which would ensure the purchasing power of my investment. 6 They are likely to produce all of their returns in the form of income distributions. 7 They have in the past returned as high as 10% in really good years. 8 They have in the past returned as low as -10% in really bad years. 9 They are normally invested in money-market assets and short-dated bonds. 10 They usually have none of their assets exposed to equity or foreign markets. Most or all of these characteristics are found in the following funds*: Investec Absolute Income Fund Investec STeFi Plus Fund Investec High Income Fund Investec Money Market Fund Investec Diversified Income Fund Coronation Strategic Income Fund Nedgroup Investments Flexible Income Fund Old Mutual Enhanced Income Fund SIM Active Income Fund 2

4 Low to moderate risk profile Low to moderate risk funds generally have the following characteristics: 1 They are often suitable for people who are recently retired or close to retirement. 2 They usually provide a regular income with minimal capital growth. 3 They are normally appropriate for short-term investments. 4 They are usually suitable for withdrawals during the next 5 to 10 years. 5 They typically return 2% per year more than the inflation rate over the period. 6 They are likely to produce most of their returns in the form of income distributions. 7 They have in the past returned as high as 22% in really good years. 8 They have in the past returned as low as -18% in really bad years. 9 They are normally invested in money-market assets, bonds and some equity investments. 10 The usually have less than half of their assets exposed to equity or foreign markets. Most or all of these characteristics are found in the following funds: Investec Absolute Balanced Fund Investec Cautious Managed Fund Investec Gilt Fund Allan Gray Stable Fund Coronation Balanced Defensive Fund Coronation Capital Plus Fund Nedgroup Investments Stable Fund Nedgroup Investments Positive Return Fund 3

5 Moderate risk profile Moderate risk funds generally have the following characteristics: 1 They are often suitable for people who are recently retired or close to retirement. 2 They usually provide a regular income with minimal capital growth. 3 They are normally appropriate for short-term investments. 4 They are usually suitable for withdrawals during the next 5 to 10 years. 5 They typically return 2% per year more than the inflation rate over the period. 6 They are likely to produce most of their returns in the form of income distributions. 7 They have in the past returned as high as 22% in really good years. 8 They have in the past returned as low as -18% in really bad years. 9 They are normally invested in money-market assets, bonds and some equity investments. 10 The usually have less than half of their assets exposed to equity or foreign markets. Most or all of these characteristics are found in the following funds: Investec Managed Fund Investec Opportunity Fund Allan Gray Balanced Fund Coronation Balanced Plus Fund Coronation Market Plus Fund Coronation Optimum Growth Fund Foord Balanced Fund Nedgroup Investments Managed Fund Prudential Inflation Plus Fund Stanlib Balanced Fund 4

6 Moderate to high risk profile Moderate to high risk funds generally have the following characteristics: 1 They are often suitable for people close to half-way through their working lifetimes. 2 They usually provide high inflation-beating capital growth with little income. 3 They are normally appropriate only for long-term investments. 4 They are usually suitable for withdrawals during the next 15 to 20 years. 5 They typically return 6% per year more than the inflation rate over the period. 6 They are likely to produce most of their returns in the form of capital gains. 7 They have in the past returned as high as 46% in really good years. 8 They have in the past returned as low as -34% in really bad years. 9 They are normally invested in equity investments or international investments. 10 They usually have almost all of their assets exposed to equity or foreign markets. Most or all of these characteristics are found in the following funds: Investec Active Quants Fund Investec Equity Fund Investec Global Strategic Managed Feeder Fund Investec Global Opportunity Income FOF Investec Growth Fund Investec IAL Euro Money Fund Investec IAL Global Diversified Growth Fund Investec IAL USD Money Fund Investec Value Fund Allan Gray Equity Fund Allan Gray Global FoF Coronation Global Capital Plus Fund Nedgroup Investments Growth Fund Nedgroup Investments International Balanced Feeder Nedgroup Investments Rainmaker Fund Nedgroup Investments Value Fund Prudential Dividend Maximiser Fund Prudential Global Income Plus FoF SIM Value Fund 5

7 High risk profile High risk funds generally have the following characteristics: 1 They are often suitable for younger people whose working lifetime lies mostly ahead of them. 2 They usually provide opportunistic capital growth with no income. 3 They are normally appropriate only for opportunistic investments. 4 They are usually suitable only for opportunistic withdrawals at the right time. 5 They can return 8% plus per year more than the inflation rate over the right periods. 6 They are likely to produce almost all of their returns in the form of capital gains. 7 They have in the past returned as high as 58% in really good years. 8 They have in the past returned as low as -42% in really bad years. 9 They are normally invested in niche or international equity investments. 10 They usually have all of their assets exposed to equity or foreign markets. Most or all of these characteristics are found in the following funds: Investec Commodity Fund Investec Emerging Companies Fund Investec Global Equity FOF Investec Global Franchise Fund Investec Property Equity Fund Investec Worldwide Equity Feeder Fund Allan Gray Orbis Global Equity Feeder Fund Coronation Top 20 Fund Coronation Global Emerging Markets Flexible Fund Foord International Feeder Fund Old Mutual SA Quoted Property Fund Nedgroup Investments Global Equity Feeder Fund 6

8 Important information This profiler has been created for the exclusive use of authorised financial advisers who take full responsibility for its use. The purpose of the profiler is to educate and not to advise. A profiler can never replace a complete and professional financial plan. All fund characteristics are the views of Investec Asset Management, and not necessarily the views of any other managers. Investec Asset Management cannot control the use of this profiler and can therefore not be held responsible for its interpretation. The market value of funds can go down as well as up, and past performance is not necessarily a guide to the future. All information and opinions provided are of a general nature and are not intended to address the circumstances of any particular individual or entity. We are not acting and do not purport to act in any way as an advisor or in a fiduciary capacity. No one should act upon such information or opinion without appropriate professional advice after a thorough examination of a particular situation. We endeavour to provide accurate and timely information but we make no representation or warranty, express or implied, with respect to the correctness, accuracy or completeness of the information and opinions. We do not undertake to update, modify or amend the information on a frequent basis or to advise any person if such information subsequently becomes inaccurate. Any representation or opinion is provided for information purposes only. Investec Asset Management will not be held liable or responsible for any direct or consequential loss or damage suffered by any party as a result of that party acting on or failing to act on the basis of the information provided by or omitted from this document. This document may not be amended, reproduced, distributed or published without the prior written consent of Investec Asset Management. In the event that specific collective investment schemes in securities (unit trusts) are mentioned please refer to the relevant fact sheet in order to obtain all the necessary information in regard to that unit trust. Collective investment schemes in securities (unit trusts) are generally medium to long term investments. The value of participatory interests (units) may go down as well as up and past performance is not necessarily a guide to the future. Fluctuations or movements in exchange rates may cause the value of underlying international investments to go up or down. Unit trusts are traded at ruling prices and can engage in borrowing and scrip lending. For money market funds the price of each unit is aimed at a constant value. The total return to the investor is primarily made up of interest received, but may also include any gain or loss made on any particular instrument held. In most cases this will merely have the effect of increasing or decreasing the daily yield, but in an extreme case, it can have the effect of reducing the capital value of the fund. Funds of funds. A fund of funds unit trust may only invest in other unit trusts, which levy their own charges, that could result in a higher fee structure for these portfolios. A feeder fund is a unit trust fund that, apart from assets in liquid form, consists solely of units in a single portfolio of a collective investment scheme. Forward pricing is used. Commissions and incentives may be paid and if so, would be included in the overall costs. The scheme trustee is FirstRand Bank Ltd (011) Investec Asset Management is an authorised financial service provider /12