OLD MUTUAL UNIT TRUSTS PRESERVATION FUNDS

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1 OLD MUTUAL S PRESERVATION FUNDS IMPORTANT INFORMATION 1. If you are transferring capital from a pension fund you will become a member of the Unit Trusts Preservation Pension Fund; if you are transferring capital from a provident fund you will become a member of the Unit Trusts Preservation Provident Fund. Please indicate your choice in the box provided in the next section. 2. Please complete all the relevant sections and sign section 14. Investors in Shari ah-compliant unit trusts must also sign section The Effective Annual Cost (EAC) is a standard industry measure for your information and to facilitate comparing the cost of an investment over specific periods. (Visit for more information and to access the EAC illustrator.) The EAC of your investment will be confirmed in writing once your investment has been processed. 4. The completed form and a certified copy of your identity document/passport can be scanned and ed to uttransactions@oldmutual.com, faxed to +27 (0) Illegible and incomplete forms may lead to delays. Contact our Client Service Centre at if you have any queries. 5. Switch transaction forms are available on our website or from your financial adviser. 6. Your investment will be made once we have received the completed application form and supporting documents and your money reflects in the Fund s bank account as reflected on page 2 of this application form and you will be a member of either the Unit Trusts Preservation Pension Fund or Unit Trusts Preservation Pension Fund and receive a certificate accordingly. 7. s unit trusts are the investments with which you must structure your preservation fund portfolio. 8. Your preservation fund contract must comply with regulation 28 of the Pension Funds Act, refer to section Once your account has been opened, you can register via to view and/or transact on your portfolio. 10. It is important to provide a cellphone number, as transaction notifications are only sent via SMS. PROCESSING TIMES The same day s price is applied to transaction requests submitted (with all requirements met) by 15h00 (13h00 for all transactions involving money market funds). Transaction requests received after these times will be processed the next available working day, once all requirements have been met, with the same cut-off times applying. ABOUT THE OLD MUTUAL S PRESERVATION FUNDS The Unit Trusts Preservation Pension/Provident Funds (the Funds) are pure savings vehicles that are designed as investment parking bays for investors who have left an employer before retirement, and have their retirement capital derived from their former employers pension or provident fund to consider, yet do not wish to purchase a retirement annuity or take the cash amount immediately. The Funds enable investors to continue their investment while allowing once off access in terms of the Income Tax Act to the investment capital according to the Pension Funds Act ruling for preservation funds. Investors may also transfer capital from other preservation funds to the corresponding fund offered by Unit Trusts. The Funds do not provide risk cover, investment smoothing or guarantees, and this investment is dependent on the market performance of the unit trust/s chosen. As the value of the investment is directly related to market performance, there is no guaranteed maturity value and so market risk is carried in full by the member. You must be aware that your capital may benefit from market related growth, or it may be eroded by negative market performance, and you should understand this risk in light of your individual retirement needs. You can diversify your portfolio by investing in any of the unit trusts offered in this product (subject to regulatory constraints), thus aiming to manage this investment risk. Please check unit trust availability with your financial adviser or the Unit Trusts Service Centre. Please refer to section 12 for the different options available in terms of withdrawals and on retirement. Please complete this form using block letters and tick (ü) where appropriate. Do you already have an Unit Trusts investment? No Yes If Yes, please provide unit trust number APPLICATION TO BECOME A MEMBER OF THE FUND INDICATED BELOW AND PURCHASE UNDERLYING S I hereby apply to become a member of the Unit Trusts Preservation Fund as indicated below (the Fund) and to purchase units to the value of the amount referred to in section 4. Unit Trusts Preservation Pension Fund Unit Trusts Preservation Provident Fund Does this application to buy units include a Money Market Unit Trust Fund? No Yes 1. MEMBER DETAILS Surname and initials Title and first names Gender: Male Female ID/Passport number Date of birth Income tax number Nationality If passport, place of issue Date of Issue Date of Expiry PROVIDE CONTACT INFORMATION FOR ACCOUNT HOLDER Tel. (Code) (Home) (Code) (Work) Fax Cellphone Address Preferred method of communication Post Unit Trusts preferred method of communication is Postal address Physical address Country Postcode Retirement date * This can be changed at any time by informing the administrator. Earliest age 55. Country Postcode Retirement age* Unit Trusts Preservation Pension Fund. FSB Registration Number: 12/8/38048; SARS Approval Number: 18/20/4/ Unit Trusts Preservation Provident Fund. FSB Registration Number: 12/8/38047; SARS Approval Number: 18/20/4/ Page 1 of 13

2 OLD MUTUAL S PRESERVATION FUNDS CONTINUED 2. BENEFICIARIES You may nominate beneficiaries to receive the proceeds of this investment in the event of your death while you are still a member of the Fund. Note that in terms of the Pension Funds Act, the Board of Trustees is tasked with the equitable distribution of the benefit amongst your dependants and nominated beneficiaries. Although the Board of Trustees will take your wishes expressed in the Beneficiary Nomination Form (see below) into account, they are not bound by them but are also required to consider the claims of persons who were dependants, as defined by the Act, at the time of your death. This obligation is placed on the Board of Trustees by the provisions of section 37C of the Act. In order for them to have the most accurate information before them it is important that you regularly update your Beneficiary details and provide this to the Fund in writing. If you have more than two beneficiaries, please attach their details to this form. If you die before you retire from the OLD MUTUAL S PRESERVATION FUND (the Fund), the trustees of the Fund are responsible for allocating your benefits in terms of Section 37C of the Pension Funds Act (the Act). According to the Act, the trustees must perform the following three duties: 1. Identify and find all of your dependants. Section 1 of the Act defines dependants as spouses, children, anyone proven to have been financially dependent on you at the time of your death, anyone entitled to maintenance, as well as anyone who may in future have become financially dependent on you. 2. Decide how to divide the benefit based on the outcome of their investigations. The individuals that you have asked the trustees to consider when they allocate the benefit (your nominees) will also be taken into account. 3. Decide on how the benefit will be paid to your dependants and/or nominees. 1. Surname and initials Title and first names Gender: Male Female Relationship Benefit share % ID/Passport number Date of birth Language preference: Eng Afr Nationality 2. Surname and initials Title and first names Gender: Male Female Relationship Benefit share % ID/Passport number Date of birth Language preference: Eng Afr Nationality 3. TRANSFERRING PENSION OR PROVIDENT FUND DETAILS (if applicable) To view the Effective Annual Cost (EAC) of your investment, visit Name of Fund Postal address Postcode Tel. Number Fax. Number Code Code Contact person Administrator 4. AMOUNT TO BE TRANSFERRED R (Min R ) Unit Trusts Preservation Pension Fund. FSB Registration Number: 12/8/38048; SARS Approval Number: 18/20/4/ Unit Trusts Preservation Provident Fund. FSB Registration Number: 12/8/38047; SARS Approval Number: 18/20/4/ Page 2 of 13

3 OLD MUTUAL S PRESERVATION FUNDS CONTINUED 5. SELECTION Minimum investment amounts apply to the unit trust/s you select. Distributions are automatically reinvested. Your Unit Trusts Preservation Fund contract must comply with Regulation 28 of the Pension Funds Act, refer to Preservation Fund Features under section 12, specifically Legislative restrictions regarding asset structure, to finalise your fund selection. For more information please contact NAME INVESTMENT AMOUNT TOTAL R 6. YOUR BANK DETAILS (for our records) Surname of account holder Initials Bank and branch Branch code and account number Account type: Current Savings 7. SHARI AH-COMPLIANT S ( Albaraka Equity Fund and Albaraka Balanced Fund) I acknowledge that I have opted to invest into a Shari ah-compliant unit trust, which means that it will be managed in accordance with the guidelines of the Shari ah Supervisory Board and having regard to the Shari ah Standards of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI). I agree that any income deemed to be non-permissible by the Shari ah Supervisory Board will be paid to the charitable trust elected by the Shari ah Supervisory Board in line with the principles of Shari ah and the supplemental deed of the unit trust. I acknowledge that this does not form part of my income and will not reflect on my tax certificate. I take note that in some instances, income may be reflected as interest income, but accept that such income is fully Shari ah compliant and has been approved as such by the Shari ah Supervisory Board. Date Signature of investor 8. ACCEPTANCE OF ADVICE A OR B I am solely responsible for my investment choices and their associated outcomes, and acknowledge that I have entered into this transaction without obtaining financial advice as that is my preference. I hereby confirm that, where applicable, the relevant intermediary (adviser or broker) has satisfied me that he/she is authorised to render financial services in respect of this product. Do you want to appoint this intermediary as your Preferred Servicing Intermediary (PSI) for all your future financial services needs? YES, I appoint and give the PSI access to information on all my existing financial services products. NO, I will complete an Intermediary Appointment Note (IAN) selecting my servicing intermediary of preference per category of financial services product. 9. INSTRUCTION FOR PAYMENT OF ADVISER FEES (If applicable) Note: Fees to the adviser can only be applied if this section is fully completed for all fees agreed. INITIAL ADVISER FEE An initial adviser fee has been agreed between you and your intermediary as follows and will be deducted prior to the purchase of units: % incl. VAT (Max 3.42% incl. VAT) which is R (incl. VAT) incl. VAT. (Note: If % and rand values differ, % amount holds.) Please note that your intermediary is obliged to disclose this amount to you in monetary terms and the maximum amount payable is 3.42% (incl. VAT) of the investment amount. The amount of the adviser fee (if payable) on this preservation fund is shown in the OMUT Member Investment Summary. OMUT is not an intermediary nor does it employ intermediaries. However, those intermediaries employed by Personal Financial Advice receive remuneration partly in the form of reduced initial fees (if payable) and partly in the form of other benefits. The PWM financial consultant is a permanent employee of Private Wealth Management, a business of. The consultant is remunerated by way of salary and performance bonus. ANNUAL ADVISER FEE In addition, you may elect to pay an ongoing annual adviser fee, which should be confirmed annually. This fee is negotiated between yourself and your intermediary and is over and above the initial adviser fee stipulated above. YES or NO If yes, specify percentage. % (max 1.14% p.a. incl. VAT) of this Unit Trusts Preservation Fund portfolio. Note that this instruction overrides any existing annual adviser fee agreements on Unit Trusts Preservation Funds. Unit Trusts Preservation Pension Fund. FSB Registration Number: 12/8/38048; SARS Approval Number: 18/20/4/ Unit Trusts Preservation Provident Fund. FSB Registration Number: 12/8/38047; SARS Approval Number: 18/20/4/ Page 3 of 13

4 OLD MUTUAL S PRESERVATION FUNDS CONTINUED 9. INSTRUCTIONS FOR PAYMENT OF ADVISER FEES TO INTERMEDIARY (continued) A from Fund (one unit trust only) (unit trust account number) OR B proportionally across all my unit trusts. Date Signature of member This annual fee is calculated as a percentage of the value of your Preservation Fund portfolio. In addition, the International Growth Fund of Funds, Income 3 and Balanced 3, and the Albaraka Equity Fund are excluded as they pay a trail fee out of their annual service fee. The annual adviser fee is deducted monthly, through the sale of units from the nominated unit trust/s. If this fee is being paid from a single unit trust and there is at any time an insufficient number of units in the unit trust, the fee will automatically be deducted from your Money Market Fund, failing which, the largest unit trust in your portfolio. Where investments are held in more than one class in the same unit trust, the fee will be deducted from the class open to new business (unless the closed unit trust class is stipulated above). You will receive confirmation of the implementation of this fee, any adjustments made to the annual percentage or to the unit trust, as well as the cancellation thereof. This fee is based on an agreement between the member and the intermediary, and Unit Trusts will facilitate payment thereof in terms of the registered rules of the Fund. You need to take into account whether your intermediary is VAT registered. Neither the Fund nor Unit Trusts is party to the agreement and will cancel the fee on the written instruction of either party. The fee will further be cancelled by a change in servicing intermediary. Unit Trusts will change any erroneous instructions received, but will not rectify prior payments based on erroneous instructions. 10. DECLARATION BY ADVISER/BROKER SPECIAL INSTRUCTIONS I, the undersigned, hereby declare and warrant that I am duly authorised to render financial services in respect of this product. All parties concerned have been identified and verified and all relevant documentation has been obtained and appropriate procedures have been applied. Name of introducer Branch Intermediary/Broker code Tel. no. Introducer s address Signature of introducer 11. PROTECTION OF PERSONAL INFORMATION The Group would like to offer you ongoing financial services and may use your personal information to provide you with information about products or services that may be suitable to meet your financial needs. Please sms your ID number to if you would prefer not to receive such financial services. You may access the personal information that we hold and request us to correct any errors or to delete this information. To view our full privacy notice and to exercise preferences, visit our website on WHAT YOU SHOULD KNOW ABOUT JOINING THE OLD MUTUAL S PRESERVATION PENSION FUND OR THE OLD MUTUAL UNIT TRUSTS PRESERVATION PROVIDENT FUND The Funds are separate legal entities to the Administrator, Investment Administrators (Pty) Ltd, and its sponsor, Unit Trust Managers Ltd (RF) (Pty), and is run by a Board of Trustees. For further details please refer to the bottom of page 6. PRESERVATION FUND FEATURES Distributions are automatically reinvested. You may only make one cash withdrawal from your preservation fund prior to retirement. A member can withdraw in cash when exiting from the Occupational Fund and may make a further withdrawal whilst invested in the preservation fund. Ownership of the underlying assets vests in the Funds, not the member. Retirement age is 55 years (subject to certain exceptions) and onwards. This investment cannot be ceded, pledged or attached, and no repurchases are permitted in terms of section 37A of the Pension Funds Act of Retirement from the Funds On retirement from the OMUT Preservation Pension Fund (earliest age 55 years); one third of the amount may be taken in cash (a portion of which may be tax free), and the rest must be used to purchase a compulsory (life or living) annuity from the insurer of your choice. We suggest you consult with a financial adviser at this stage. On retirement from the OMUT Preservation Provident Fund (earliest age 55 years) the full benefit may be taken as cash, a portion of which may be tax free. Or a portion may be taken as cash and the balance used to purchase a compulsory (life or living) annuity. Alternatively, you may use the full amount to purchase an annuity from the insurer of your choice. We suggest you consult with a financial adviser at this stage. Unit Trusts Preservation Pension Fund. FSB Registration Number: 12/8/38048; SARS Approval Number: 18/20/4/ Unit Trusts Preservation Provident Fund. FSB Registration Number: 12/8/38047; SARS Approval Number: 18/20/4/ Page 4 of 13

5 OLD MUTUAL S PRESERVATION FUNDS CONTINUED Exiting the Funds OMUT Preservation Pension Fund: The capital amount at any stage may be transferred to the pension fund of your choice, including that of a new employer. OMUT Preservation Provident Fund: The capital amount at any stage may be transferred to the provident fund of your choice, including that of a new employer. Tax benefits The transferred amount is untaxed and there are tax concessions in respect of contributions and benefits (payouts), subject to statutory limits. Additional investments Only flows from a registered pension or provident fund may be added to this investment. Information Full details of unit trusts available via this product, including performance, investment objectives, risk factors and fees, are available at In addition, you can register to view your portfolio online or contact the service centre to obtain information on portfolio balances between statement mailings. Permitted pre-retirement withdrawals You may make one full or partial withdrawal before retirement. In the case of a partial withdrawal the remaining capital may not be accessed until retirement. Benefits may be received prior to retirement Where a member is permanently incapacitated due to infirmity of body or mind. Switches You may make changes to the composition of your portfolio at any time in order to match your changing risk profile. You are fully responsible for the composition of your portfolio and any review thereof, despite the right of the Board of Trustees to make certain changes to the portfolio to ensure regulatory compliance. Insolvency protection If you become insolvent your Preservation Fund cannot be attached by your creditors. Disposition of benefits upon divorce If a valid compliant divorce order in respect of members investment is received, the trustees will comply with the terms of the order and make payments to the member s ex-spouse, as required. Legislative restrictions on the Fund s asset structure and the right to rebalance individual members portfolios The Fund is required to comply with Regulation 28 of the Pension Funds Act at member level, this means that your individual investment contract must abide with the following limits on maximum asset class exposure: Total equity: 75% Listed property: 25% Total offshore exposure: 25% Africa: 5% (over and above the allowed 25% offshore exposure) The Board of Trustees has the right to restructure any individual s contract that is in breach of Regulation 28. Certain unit trusts may be closed from time to time. Right to request a copy of your application form You can ask for copies of this application form and the registered rules of the Funds, and you are entitled to receive them within a reasonable time. You may also view the registered rules of the Funds on Governing legislation The rules of the Funds are registered with the Registrar of Pension Funds and approved by the Commissioner for Inland Revenue. The investment must also comply with the regulations under the Income Tax Act, the Pensions ct 24 of 1956 and the regulations under it, any requirements of the relevant authorities, and any specifications made in relation to your membership of the Funds. The Funds are managed by a Board of Trustees that looks after the interests of members of the Funds. Ownership of the underlying assets vests in the Funds and not the member. The Funds reserve the right to amend member benefits in the event of a legislative change to taxation rates or the type of tax that may apply. EXPENSE CHARGES Potential initial product charges: There is no initial administration charge. Should you use an intermediary the agreed initial adviser fees of between 0% and 3.42% of the investment amount will be deducted prior to the purchase of units. The Funds reserve the right to charge a fixed administration fee. This fee is currently zero. Should the fee change, affected members will be notified in writing. Charges against the underlying unit trusts: An annual service fee is calculated daily on the daily market value of a unit trust s assets (excluding income and permissible deductions), and is deducted on a monthly basis from the unit trust portfolio. Further costs incurred by the unit trust may be deducted from its portfolio. These include compulsory and bank charges, brokerage, securities transfer tax, other taxes and levies, custodian and trustee fees, and audit fees. These fees are jointly reflected in the Total Expense Ratio of a unit trust, disclosing the historical fees paid over a one-year period. Refer to the individual unit trust fact sheets for these figures. ACCESSING BENEFITS You can obtain information regarding access to your benefits by contacting the Client Service Centre on , which will inform you of the procedures to follow. Alternatively, you may visit your nearest branch. FUND RULES The Unit Trust Preservation Pension and Provident Fund Rules are available to you on our website at or by contacting our Client Service Centre on Unit Trusts Preservation Pension Fund. FSB Registration Number: 12/8/38048; SARS Approval Number: 18/20/4/ Unit Trusts Preservation Provident Fund. FSB Registration Number: 12/8/38047; SARS Approval Number: 18/20/4/ Page 5 of 13

6 OLD MUTUAL S PRESERVATION FUNDS CONTINUED UNCLAIMED ASSETS We subscribe to the ASISA standard on unclaimed assets and will follow the following process in the case of unclaimed assets: o we will contact you or your adviser on the contact details we have on record to confirm your existence; o we will endeavour to trace clients with unclaimed assets excluding those with investment amounts below R 1000 and the costs of tracing exceed the benefit of tracing; We will recover any reasonable direct administrative, tracing and management costs from you by deducting these costs from the value of your investment once you have been traced. It is your responsibility to inform us of any changes to your contact details to ensure that your contact information is kept up to date. 13. STATUTORY INFORMATION RELATING TO INVESTING IN COLLECTIVE INVESTMENT SCHEMES (S) We aim to treat our clients fairly by giving you the information you need in as simple a way as possible to enable you to make informed decisions about your investments. We believe in the value of sound advice and so recommend that you consult a financial adviser before buying or selling unit trusts. You may however, buy and sell without the help of a financial adviser. If you do use a financial adviser, we remind you that they are entitled to certain negotiable adviser fees or commissions. You should ideally see unit trusts as a medium to long term investment. The fluctuations of particular investment strategies affect how a fund performs. Your fund value may go up or down. Therefore, we cannot guarantee the investment capital or return of your investment. How a fund has performed in the past does not necessarily indicate how it will perform in the future. Our cut-off time for client instructions (e.g. buying and selling) is at 15:00 each working day for all funds, except the Money Market Funds, which is at 13:00. These are also the times we value our funds to determine the daily ruling price (other than at month-end when we value the Index Funds and Fund of Funds ranges at 17:00 close). Daily prices are available on our public website ( and in the media. The daily ruling price is based on the current market value of the fund s assets plus income minus expenses (NAV of the portfolio) divided by the number of units in issue. The fund fees and costs that we charge for managing your investment is accessible on the relevant fund s minimum disclosure document (MDD) or Table of fees and charges, both available on our public website ( or from our contact centre ( ). Additional information on this proposed investment can be obtained, free of charge, from our public website or our contact centre. Funds may borrow to pay client disinvestments and may engage in scrip lending. A process of ring-fencing of withdrawal instructions and managed pay-outs over time may be followed should excessive withdrawals from a fund place the fund under liquidity pressures. Unit Trusts has the right to close a portfolio to new investors in order to manage it more efficiently in accordance with its mandate. Unit Trust Managers (RF) (Pty) Ltd is a registered manager in terms of the Collective Investment Schemes Control Act 45 of is a member of the Association for Savings & Investment South Africa (ASISA). Money Market Funds: A Money Market Fund is not a bank deposit account. Its unit price aims to be constant but investment capital is not guaranteed. The total return is primarily made up of interest (declared daily at 13:00) but may also include any gain/loss on any particular instrument. In most cases this will merely have the effect of increasing or decreasing the daily yield, but in the case of abnormal losses, it can have the effect of reducing the capital value of the fund. The published yield is calculated using the average of the fund s previous seven days net income (and assumes all income was reinvested). This figure is then annualised, which is the weighted average compound growth rate. Income Funds: Income funds derive their income primarily from interest-bearing instruments as defined. The published yield is a current yield and is calculated daily. The value of underlying assets of Income funds are marked to market on a daily basis. Fund of Funds: A fund of funds is a portfolio that invests in other funds in order to meet the investment objective of the fund of funds. Fund of funds can invest in local, foreign or offshore funds which levy their own charges, and may result in a higher fee structure. Feeder Funds: A feeder fund is a portfolio that invests all of its capital in a single underlying fund. This underlying fund can be a local, foreign or offshore fund and levy its own charges which may result in a higher fee structure. Third-Party Named Funds (co-branded): Unit Trust Managers (RF) (Pty) Ltd is the manager of Adviceworx and suites of co-branded funds and retains full legal accountability. Funds holding foreign assets: Some funds hold assets in foreign countries and therefore may have risks, in these countries, regarding liquidity, the repatriation of funds, political and macroeconomic situations, foreign exchange, tax, settlement and the availability of information. Unit Trusts Preservation Pension Fund. FSB Registration Number: 12/8/38048; SARS Approval Number: 18/20/4/ Unit Trusts Preservation Provident Fund. FSB Registration Number: 12/8/38047; SARS Approval Number: 18/20/4/ Page 6 of 13

7 OLD MUTUAL S PRESERVATION FUNDS CONTINUED 14. MEMBER DECLARATION I understand and agree that: 1. The Application Form, any applicable statutory provisions, the registered rules of the Fund and related documents form the sole basis of my membership of the Fund. 2. By signing the Application Form, applying for membership of the Unit Trusts Preservation Fund, I acknowledge that I am aware of all initial and ongoing fees, risks and all information relating to the portfolio and am solely responsible for the selection of, and any changes to, the composition of my portfolio at all times. 3. I agree to be bound by the registered rules of the Fund and acknowledge that the singular includes the plural in this application form and vice versa. 4. I hereby authorise and instruct the transferring fund to pay such amount into the Preservation Fund selected by me on page 1 of this form. 5. All information given in this application, and in all documents which have been or will be signed by me in connection with this application, whether in my handwriting or not, is true and complete and shall be the basis of the proposed agreement. 6. I know that the cost of buying units may include an initial charge plus VAT, depending on the amount invested and whether or not I use an intermediary, and that there are no guarantees on my capital. 7. I may only make withdrawals from this product according to legislation and the registered Rules of the Fund. 8. I am aware of the unit trusts objectives, risk factors, the charges and income distributions as set out in the unit trust fund fact sheet/s. 9. I acknowledge that Unit Trust Managers Ltd (RF) (PTY). may borrow up to 10% of the portfolio to fund cancellation of units. 10. I hereby consent to Unit Trust Managers (RF)(Pty) Ltd sharing my personal information with tracing agents in the even that my investments become unclaimed assets. 11. I further authorise the Administrator of the Funds to accept instructions from me via facsimile (please delete if not applicable). 12. I further authorise Unit Trust Managers Ltd (RF) (PTY) to accept instructions from me via facsimile (please delete if not applicable). 13. I am aware that I may view the Effective Annual Cost (EAC) of my investment on Once my investment has been processed, Unit Trust Managers (RF) (Pty) Ltd will confirm the EAC to me in writing 14. I acknowledge that I have read and understand the Unit Trusts Preservation Fund fact sheet. Signature Date CONTACT DETAILS Complaints: Write to our Client Services Manager at the above address or call Compliance Department: +27 (0) Unit Trust Managers (RF) (Pty) Ltd (Registration no. 65/08471/07) Registered address: Mutualpark, Jan Smuts Drive, Pinelands 7405, South Africa. PO Box 207, Cape Town 8000, South Africa. Telephone no.: +27 (0) , Helpline: , Fax no.: +27 (0) , Internet address: unittrusts@oldmutual.com. Investment Administrators (Pty) Ltd (Administrator) (Registration no. 1988/003478/07) Registered address: Mutualpark, Jan Smuts Drive, Pinelands 7405, South Africa. PO Box 207, Cape Town 8000, South Africa. Telephone no.: +27 (0) , Fax no.: +27 (0) Compliance Department: +27 (0) Professional indemnity cover and fidelity insurance cover are in place. The Administrator is a Section 13B approved administrator. Registration no.: 24/35. Investment Administrators (Pty) Ltd is a third party administration and service provider to Unit Trust Managers Limited and is a licensed financial services provider. Unit Trusts Preservation Pension Fund Registered address: Mutualpark, Jan Smuts Drive, Pinelands 7405, South Africa. PO Box 207, Cape Town 8000, South Africa. Telephone no.: (RSA only), +27 (0) (other countries), Fax no.: +27 (0) , retire@oldmutual.com. Principal Officer: Mr JP Malan, Trustees: Mrs EM Gamble (Chairperson)*, Ms KJ MacKenzie*, Mr B Gouws, Mrs AG Pelser, Ms LJ Williams. Unit Trusts Preservation Provident Fund Registered address: Mutualpark, Jan Smuts Drive, Pinelands 7405, South Africa. PO Box 207, Cape Town 8000, South Africa. Telephone no.: (RSA only), +27 (0) (other countries), Fax no.: +27 (0) , retire@oldmutual.com. Principal Officer: Mr JP Malan, Trustees: Mrs EM Gamble (Chairperson)*, Ms KJ MacKenzie*, Mr B Gouws, Mrs AG Pelser, Ms LJ Williams. Visit for unit trust information, prices and news. Log in to view your portfolio online. Members who select as their preferred correspondence method benefit from an enhanced communication offering. Unit Trusts Preservation Pension Fund. FSB Registration Number: 12/8/38048; SARS Approval Number: 18/20/4/ Unit Trusts Preservation Provident Fund. FSB Registration Number: 12/8/38047; SARS Approval Number: 18/20/4/ Page 7 of 13

8 FUNDS Albaraka Balanced # CATEGORY Multi-Asset Medium Equity Minimum Lump Sum Investment: R5 000 Albaraka Equity Minimum Lump Sum Investment: R5 000 Balanced # High Equity Bond Fund R # Interest Bearing Variable Term Capital Builder # Low Equity Capped SWIX Index Core Balanced Fund # High Equity INVESTMENT AIM This Shari ah-compliant fund aims to offer investors steady, long-term capital growth, as well as a moderate level of income via a portfolio that diversifies across asset classes. This Shari ah-compliant fund invests in a broad spectrum of shares that are not associated with alcohol, gambling and non-halaal food stuffs and do not generate interest income. The fund aims to offer investors long-term capital growth. It invests across shares, bonds and cash, with a bias towards shares. The fund conforms to Retirement Fund legislation. The fund aims to offer a combination of capital growth and high income yields. It invests in public and private sector bonds and deposits, with at least 50 invested in bonds. The fund aims to produce cash + 2 a year (gross of fees), over rolling three-year periods, while limiting the possibility of capital loss over any quarter in all market conditions. The fund conforms to the legislation governing retirement funds. The fund s performance target is managed on tax quarters and not calendar quarters. Although positive returns are targeted, this is not guaranteed. The fund aims to provide long-term capital growth and income by tracking the performance of companies listed on the FTSE/JSE Capped Shareholder Weighted All Share Index. The fund may gain exposure to offshore assets listed on the index. The fund is exposed to all sectors of the market (shares, bonds, property and cash) with a maximum exposure of 75 to equities and may invest up to 25 of its portfolio offshore, in line with Treasury guidelines. The fund will have exposure to passively managed underlying securities. ANNUALISED SERVICE FEE (included in TER) Related Fees Flat Fee Min Max TER TOTAL EXPENSES AS AT 30 SEPTEMBER 2017 Total Expense Ratio (TER) Fee Component Transaction Cost (TC) Total Investment Charges DISTRIBUTION DATES 1.43% % % 1.60%, 1.71% % % 1.96%, 1.48%* % 0.04% 0.11% 1.75%, 0.86% % % 0.90%, 1.37% % 0.03% 0.03% 1.43%, 0.68% % % 0.93%, 0.68% % % 0.92%, RISK These local unit trusts may offer investors offshore exposure when appropriate/in line with regulation # These funds comply with Regulation 28 of the Pension Funds Act. * This fee includes the fees and costs relating to underlying global asset class exposures, which range between 0.20% and 0.50% (incl. VAT) as the fee for equity exposures is typically higher than the fee for fixed income or money market exposures. ** The Class A Fund ceased charging performance-related service fees with effect from 1 January This 36-month TER includes a portion of performance fees earned during 2015 and 2016 and will be included in the calculation of the class s TER in The Total Expense Ratio (TER) is a historic measure of the impact the deduction of management and operating costs has on a fund s value. A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER, which includes the annual service fee, may not necessarily be an accurate indication of future TER s. Transaction Cost (TC) is a necessary cost in administering the fund and impacts fund returns. It should not be considered in isolation as returns may be impacted by many other factors over time including market returns, the type of fund, the investment decisions of the investment manager and the TER. The TER and TC cannot be determined accurately for the funds that are less than one year old. Calculations are based on actual data where possible and best estimates where actual data is not available. The total investment change consists of the TER and TC. You will receive confirmation of your Effective Annual Cost (EAC) in writing once your investment has been processed. Visit for more information and to access the EAC illustrator to view the EAC of your investment selection Page 8 of 13

9 FUNDS CONTINUED Core Fund # CATEGORY Low Equity Dynamic Floor # Multi-Asset Medium Equity Financial Services Financial Flexible Flexible FTSE RAFI All World Index Feeder Global Global Bond Feeder Global Interest Bearing Variable Term Global Currency Feeder Global Interest Bearing Short Term Global Emerging Market Global INVESTMENT AIM The fund is exposed to all sectors of the market (shares, bonds, property and cash) with a maximum of 40% exposure to equities and may invest up to 25% of its portfolio offshore in line with Treasury guidelines. The fund will have a minimum of 50% exposure to passively managed underlying securities. The fund strives for long-term capital growth as well as offering a level of capital protection (aiming to protect at least 90 of your net investment over a 12-month period). The fund invests across shares, bonds and cash. medium to longer term. It selectively invests in companies and financial services sectors. The fund aims to maximise returns over the longer term. It invests across shares, bonds and cash, actively taking advantage of changing economic and market conditions. The fund aims to provide long-term capital growth by gaining exposure to the FTSE RAFI All World 3000 Index. The fund aims to offer a combination of capital growth and high income yields, without putting the investor s money at undue risk. This randdenominated fund invests in interest-bearing investments selected from bond markets across the world. The fund aims to maximise total return to investors through full exposure to a basket of major foreign currencies by investing in a foreign collective investment scheme focusing on global currencies. Any income earned will be of an incidental nature. The fund aims to deliver long-term capital growth by investing in a diversified portfolio of shares of companies either listed on emerging market exchanges or with a significant stake in emerging market countries. ANNUALISED SERVICE FEE (included in TER) Related Fees Flat Fee Min Max TER TOTAL EXPENSES AS AT 30 SEPTEMBER 2017 Total Expense Ratio (TER) Fee Component Transaction Cost (TC) Total Investment Charges DISTRIBUTION DATES 0.68% % % 0.79%, 1.54% % 0.03% 0.07% 1.63%, 1.43% % % 1.69%, 1.48%* % 0.04% 0.18% 1.82%, RISK 0.80% % % 1.23% 1.14% % % 1.76%, 0.86% % % 0.89% 1.71% 1.71% 3.42% 2.52% 0.69% 0.32% 2.84% These local unit trusts may offer investors offshore exposure when appropriate/in line with regulation # These funds comply with Regulation 28 of the Pension Funds Act. * This fee includes the fees and costs relating to underlying global asset class exposures, which range between 0.20% and 0.50% (incl. VAT) as the fee for equity exposures is typically higher than the fee for fixed income or money market exposures. ** The Class A Fund ceased charging performance-related service fees with effect from 1 January This 36-month TER includes a portion of performance fees earned during 2015 and 2016 and will be included in the calculation of the class s TER in The Total Expense Ratio (TER) is a historic measure of the impact the deduction of management and operating costs has on a fund s value. A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER, which includes the annual service fee, may not necessarily be an accurate indication of future TER s. Transaction Cost (TC) is a necessary cost in administering the fund and impacts fund returns. It should not be considered in isolation as returns may be impacted by many other factors over time including market returns, the type of fund, the investment decisions of the investment manager and the TER. The TER and TC cannot be determined accurately for the funds that are less than one year old. Calculations are based on actual data where possible and best estimates where actual data is not available. The total investment change consists of the TER and TC. You will receive confirmation of your Effective Annual Cost (EAC) in writing once your investment has been processed. Visit for more information and to access the EAC illustrator to view the EAC of your investment selection Page 9 of 13

10 FUNDS CONTINUED Global Equity CATEGORY Global Gold Worldwide Unclassified* Growth ** INVESTMENT AIM medium to longer term. This rand-denominated fund invests in quality shares from around the world. medium to longer term through investment in the shares of companies involved in gold and other precious metals. The fund aims to offer superior returns over the medium to longer term. It invests primarily in listed companies showing above average growth potential, an entrepreneurial attitude and the potential to increase market share. ANNUALISED SERVICE FEE (included in TER) Related Fees Flat Fee Min Max TER TOTAL EXPENSES AS AT 30 SEPTEMBER 2017 Total Expense Ratio (TER) Fee Component Transaction Cost (TC) Total Investment Charges DISTRIBUTION DATES 2.00% % % 2.27%, 1.71% % % 2.17%, 1.54% % 0.08% 0.31% 1.55%, RISK High Yield Opportunity Income Fund R Interest Bearing Short Term Industrial Fund A Industrial Interest Plus Interest Bearing Short Term Minimum Monthly Investment: R1 000 Investors Fund A ** The fund aims to provide a high level of dividend income coupled with capital growth. It seeks fundamentally sound companies that have high dividend yields and good prospects for medium-term growth. The fund aims to offer a high level of income, without putting the investor s money at undue risk. The fund invests in local interest-bearing investments (bonds, fixed deposits and other high income earning securities). medium to longer term. It invests in a focused portfolio of listed industrial companies. The fund aims to deliver returns in excess of those offered by money market funds and similar levels of liquidity, without significantly increasing risk. The fund aims to offer superior returns over the medium to longer term. It invests in shares across all sectors of the stock market, focusing predominantly on the Top 100 shares. 1.43% % % 1.62%, 0.86% % % 0.89% March,,, 1.43% % % 1.55%, 0.63% % % Monthly 1.54% % 0.41% 0.30% 1.75% These local unit trusts may offer investors offshore exposure when appropriate/in line with regulation # These funds comply with Regulation 28 of the Pension Funds Act. * This fee includes the fees and costs relating to underlying global asset class exposures, which range between 0.20% and 0.50% (incl. VAT) as the fee for equity exposures is typically higher than the fee for fixed income or money market exposures. ** The Class A Fund ceased charging performance-related service fees with effect from 1 January This 36-month TER includes a portion of performance fees earned during 2015 and 2016 and will be included in the calculation of the class s TER in The Total Expense Ratio (TER) is a historic measure of the impact the deduction of management and operating costs has on a fund s value. A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER, which includes the annual service fee, may not necessarily be an accurate indication of future TER s. Transaction Cost (TC) is a necessary cost in administering the fund and impacts fund returns. It should not be considered in isolation as returns may be impacted by many other factors over time including market returns, the type of fund, the investment decisions of the investment manager and the TER. The TER and TC cannot be determined accurately for the funds that are less than one year old. Calculations are based on actual data where possible and best estimates where actual data is not available. The total investment change consists of the TER and TC. You will receive confirmation of your Effective Annual Cost (EAC) in writing once your investment has been processed. Visit for more information and to access the EAC illustrator to view the EAC of your investment selection Page 10 of 13

11 FUNDS CONTINUED Managed Alpha Equity ** CATEGORY Maximum Return Fund of Funds A Worldwide Flexible Mid & Small-Cap Mid & Small Cap Mining and Resources Fund A Resources Balanced Fund A # Multi-Asset Medium Equity Money Market # Interest Bearing Money Market Minimum Monthly Investment: R1 000 RAFI 40 Index INVESTMENT AIM The fund aims to achieve steady capital growth in excess of the long-term general equity sector average. It invests predominantly in SA equities using a quantitative investment process. The fund aims to generate the maximum possible investment return over a long-term investment horizon. While the primary focus is on shares, nothing prevents the fund manager from gaining exposure to bonds, listed property, cash or other asset classes in order to maximise long-term growth. medium to longer term. It invests in mid- and small-sized companies falling outside the FTSE/ JSE Top 40 Index. medium to longer term. It invests in mining and resources companies showing above average prospects for growth. The fund aims to achieve long-term inflationbeating growth from an actively managed investment portfolio with a moderate balanced nature. The equity exposure will be commensurate with the exposure typically displayed by multiasset medium equity portfolios. The fund aims to preserve investors capital while offering high levels of income. It invests in money market securities with a maturity of less than 12 months. The fund s primary objective is to provide long-term capital growth, with a secondary objective of delivering a reasonable income over time. It achieves this by tracking the FTSE/ JSE RAFI 40 Index. ANNUALISED SERVICE FEE (included in TER) Related Fees Flat Fee Min Max TER TOTAL EXPENSES AS AT 30 SEPTEMBER 2017 Total Expense Ratio (TER) Fee Component Transaction Cost (TC) Total Investment Charges DISTRIBUTION DATES 1.54% % 0.44% 0.28% 1.79% RISK 1.48%* % % 1.98% 1.71% % % 1.91% 1.43% % % 1.78% 1.48%* % % 2.16% 0.57% % % Monthly 0.86% % % 0.99% These local unit trusts may offer investors offshore exposure when appropriate/in line with regulation # These funds comply with Regulation 28 of the Pension Funds Act. * This fee includes the fees and costs relating to underlying global asset class exposures, which range between 0.20% and 0.50% (incl. VAT) as the fee for equity exposures is typically higher than the fee for fixed income or money market exposures. ** The Class A Fund ceased charging performance-related service fees with effect from 1 January This 36-month TER includes a portion of performance fees earned during 2015 and 2016 and will be included in the calculation of the class s TER in The Total Expense Ratio (TER) is a historic measure of the impact the deduction of management and operating costs has on a fund s value. A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER, which includes the annual service fee, may not necessarily be an accurate indication of future TER s. Transaction Cost (TC) is a necessary cost in administering the fund and impacts fund returns. It should not be considered in isolation as returns may be impacted by many other factors over time including market returns, the type of fund, the investment decisions of the investment manager and the TER. The TER and TC cannot be determined accurately for the funds that are less than one year old. Calculations are based on actual data where possible and best estimates where actual data is not available. The total investment change consists of the TER and TC. You will receive confirmation of your Effective Annual Cost (EAC) in writing once your investment has been processed. Visit for more information and to access the EAC illustrator to view the EAC of your investment selection Page 11 of 13

12 FUNDS CONTINUED Real Income # CATEGORY Low Equity SA Quoted Property Real Estate Stable Growth # Low Equity Top 40 Index Large Cap Top Companies Fund A ** INVESTMENT AIM The fund aims to provide an income that grows in line with inflation, while sustaining the level of capital over time and minimising any losses over a 12-month period. The portfolio manager actively manages asset allocation to take advantage of changing market conditions. The fund aims to generate sustainable pre-tax income whilst growing the original capital invested. It invests in a selection of listed commercial and industrial property shares. The fund aims to achieve real returns of CPI + 2 over rolling 3-year periods. It also aims to minimise the risk of capital loss over 18 months. The fund conforms to Retirement Fund legislation. The fund aims to provide long-term capital growth by tracking the performance of the FTSE/JSE Top 40 Index. medium to longer term. It invests in a highly concentrated portfolio of shares across all sectors of the stock market. ANNUALISED SERVICE FEE (included in TER) Related Fees Flat Fee Min Max TER TOTAL EXPENSES AS AT 30 SEPTEMBER 2017 Total Expense Ratio (TER) Fee Component Transaction Cost (TC) Total Investment Charges DISTRIBUTION DATES 1.37% % % 1.50% March 1.43% % % 1.48% March 1.48%* % 0.02% 0.06% 1.67% 0.68% % % 0.95% March 1.54% % 0.06% 0.34% 1.46% RISK These local unit trusts may offer investors offshore exposure when appropriate/in line with regulation # These funds comply with Regulation 28 of the Pension Funds Act. * This fee includes the fees and costs relating to underlying global asset class exposures, which range between 0.20% and 0.50% (incl. VAT) as the fee for equity exposures is typically higher than the fee for fixed income or money market exposures. ** The Class A Fund ceased charging performance-related service fees with effect from 1 January This 36-month TER includes a portion of performance fees earned during 2015 and 2016 and will be included in the calculation of the class s TER in The Total Expense Ratio (TER) is a historic measure of the impact the deduction of management and operating costs has on a fund s value. A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER, which includes the annual service fee, may not necessarily be an accurate indication of future TER s. Transaction Cost (TC) is a necessary cost in administering the fund and impacts fund returns. It should not be considered in isolation as returns may be impacted by many other factors over time including market returns, the type of fund, the investment decisions of the investment manager and the TER. The TER and TC cannot be determined accurately for the funds that are less than one year old. Calculations are based on actual data where possible and best estimates where actual data is not available. The total investment change consists of the TER and TC Page 12 of 13