Asset Manager Performance Comparison

Transcription

1 Cape Peninsula University of Technology Retirement Fund August 2017 DISCLAIMER AND WARNINGS: Towers Watson (Pty) Ltd, a Willis Towers Watson company, is an authorised financial services provider. Although every effort has been made to ensure the accuracy of the above information, Willis Towers Watson will not accept any liability for losses suffered through any inaccuracies which may occur. Willis Towers Watson will not accept liability for any losses suffered through direct or indirect use made of the above information. Users of the above information should be aware that short term performance can be very volatile and that past performance is not necessarily a good guide to future performance. The above information is for use of Willis Towers Watson and its clients only and may not be published externally without permission first being obtained from Willis Towers Watson.

2 Sep-08 Nov-08 Jan-09 Mar-09 May-09 Jul-09 Sep-09 Nov-09 Jan-10 Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 May-12 Jul-12 Sep-12 Nov-12 Jan-13 Mar-13 May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 May-14 Jul-14 Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15 Nov-15 Jan-16 Jul-16 Sep-16 Nov-16 May-17 Long Term Growth Portfolio 7 Year (annualised) Allan Gray Global Investec Foord Coronation Houseview WTW Global (bmk) Headline inflation 0.8% % 0.6% 1.3% 0.1% 2.9% 3.5% 1.4% 3.2% % 6.7% 7.9% 6.3% 7.8% 7.6% 1.6% 5.1% 6.3% % 6.7% 4.7% % 7.1% 8.3% 8.2% 5.1% 13.7% % % % 14.1% 14.8% 13.9% 5.5% 3 5-year rolling returns 25% 2 15% 5% Foord Allan Gray Global Coronation Houseview WTW Global Bal Bmk Investec Allan Gray Global Investec Foord Coronation Houseview Benchmark Headline inflation 21.9% 16.7% % % 21.6% 28.6% 22.6% 28.5% 18.6% 3.4% 39.7% 31.4% 43.8% 34.3% % 35.5% 29.5% 32.1% 32.1% 28.9% 5.9% 14.7% 27.1% 12.1% % 8.9% -1.1% % -8.2% -8.2% 9.5% 15.9% 26.2% % 16.6% 6.3% 11.8% 14.1% 17.2% 17.7% 13.9% 3.5% % % 7.7% 6.1% 15.4% 20.6% 24.4% 21.8% 22.1% 5.7% 25.2% 24.1% 24.2% 28.7% 22.5% 5.4% 10.3% 13.3% % 12.1% 5.3% 12.8% 15.8% 10.5% 9.4% 10.4% 5.2% % 0.4% 3.5% 3.8% 6.8% 7.8% 9.2% % 8.6% 3.3% Manager performance is gross of Manager Fees. Performance for Investec prior to 1 August is included for illustrative purposes as the Fund was not invested in this strategy during that time

3 Jun-07 Nov-07 Apr-08 Sep-08 Feb-09 Jul-09 Dec-09 May-10 Oct-10 Mar-11 Aug-11 Jan-12 Jun-12 Nov-12 Apr-13 Sep-13 Feb-14 Jul-14 Dec-14 May-15 Oct-15 Aug-16 Jun-17 Medium Term Protection Portfolio Manager Performance to 31/08/ % Coronation Inflation Plus Allan Gray Global Stable 0.5% 0.5% 0.1% 1.9% 2.9% 0.6% 5.3% 6.1% 1.6% % 4.7% 7.5% 9.8% 5.1% 9.9% 10.9% 5.6% 3-year rolling returns 2 15% 5% Allan Gray Global Stable Coronation Inflation Plus Manager Performance Calendar Coronation Inflation Plus Allan Gray Global Stable n/a 12.4% 3.4% n/a 23.3% 3.6% n/a 19.9% 5.9% n/a 12.3% 8.9% n/a 13.7% 9.5% 3.2% 7.4% 6.3% 15.9% 5.7% 3.5% 10.3% 13.2% 6.1% 14.5% % 13.6% 16.2% 5.4% % 7.8% 5.3% % 14.5% 5.2% 6.3% 7.4% 6.8% 6.9% 6.7% 3.3% Manager performance is gross of Manager Fees for Coronation Inflation Plus and for Allan Gray. Performance for Coronation Inflation Plus prior to 1 August 2017 is included for illustrative purposes as the Fund was not invested in this strategy during that time. These returns are gross of fees. Calendar Peformance for Allan Gray is indicative of their performance for the last 6 months of only. For Coronation it is indicative of their performance for the last 3 months of only.

4 Sep-04 Feb-05 Jul-05 Dec-05 May-06 Oct-06 Mar-07 Aug-07 Jan-08 Jun-08 Nov-08 Apr-09 Sep-09 Feb-10 Jul-10 Dec-10 May-11 Oct-11 Mar-12 Aug-12 Jan-13 Jun-13 Nov-13 Apr-14 Sep-14 Feb-15 Jul-15 Dec-15 Oct-16 Aug-17 Money Market Portfolio 0.7% 0.1% 2.2% 0.6% 4.7% 1.6% 9.3% 4.7% 8.1% 5.1% 7.4% 5.6% 16% 14% 12-month rolling returns 12% 8% 6% 4% 2% Manager performance is gross of Manager Fees for Investec. 2.6% 0.3% 8.7% 3.4% 7.7% 3.6% 7.8% 5.9% % 12.8% 9.5% 10.3% 6.3% 8.2% 3.5% 6.9% 6.1% 6.6% 5.7% 6.3% 5.4% 6.3% 5.3% 7.3% 5.2% 8.5% 6.8% 6.2% 3.3%

5 Nov-15 Dec-15 Jan-16 Feb-16 Apr-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Feb-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Shari'ah Portfolio 27Four Shari'ah 1.3% 0.1% 2.6% 0.6% 3.1% 1.6% 0.8% 4.7% 4.8% 5.1% 9.6% 5.6% 5-year rolling returns 12% 8% 6% 4% 2% 27Four Shari'ah 27Four Shari'ah * 2.3% 0.2% 4.4% 6.1% 11.4% 5.7% 20.4% 5.4% % 5.3% % 5.2% -0.6% 6.8% 4.3% 3.3% *Calendar Performance for the 27Four Shari'ah is indicative of their performance for the month of December only. Manager performance is net of Manager Fees.