Senate Group – Kloof KZNMeyer Coetzee

Liang Du

26 June 2014

PRESCIENT LIMITED

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

Prescient Investment Management (Pty) Ltd

Prescient Management Company Ltd

Prescient Profile (Pty) Ltd

Prescient Life Ltd

Prescient Securities (Pty) Ltd

Prescient Wealth (Pty) Ltd

Prescient Khawuleza (Pty) Ltd

EMH Prescient Holdings (Pty) Ltd (Namibia)49%

Prescient Global (Ireland)

Prescient Administration Services (Pty) Ltd

Prescient Holdings (Pty) Ltd

100%

Prescient Capital (Pty) Ltd PBT Operations

Financial Services Information Technology

26.24% BEE Shareholding

Directors

Murray Louw - Chairman

Herman Steyn – Chief Executive Officer

Mike Buckham – Financial Director

Monty Kaplan – Lead Independent Non-Executive Director

Zane Meyer – Independent Non-Executive Director

Keneilwe Moloko - Independent Non-Executive Director

Heather Sonn - Independent Non-Executive Director

Ronell van Rooyen – Non-Executive Director

GLOBAL PRESENCE

2009

2007

2010

2010

20101998

20082008

INVESTMENT TEAM

Guy TomsHead of Fixed Interest and

Investment Strategist

Eldria FraserCIO

Jean-Pierre du Plessis

Portfolio Manager & Analyst

Farzana BayatPortfolio Manager &

Analyst

Teresa LuPortfolio Manager &

Analyst

Terri McGregorAnalyst

Ryan van BredaStructuring /

Legal

Sanveer

HariparsadPortfolio Manager &

Analyst

Liang DuHead of Balanced

Funds

Shamik JeewaPortfolio Manager &

Analyst

Nafees HossainPortfolio Manager &

Analyst

Johan SteynPortfolio Manager &

Analyst

Fazila ManjooPortfolio Manager &

Analyst

Justin SageEquity Dealer

Rasi MalekaEquity Dealer

Kevin DewarHead of Fund Management

Herman SteynCEO

Sheena vd Merwe

Money Market Dealer

Hadley Lakay

Performance

Shaun HuPortfolio Manager &

Analyst

James DengPortfolio Manager &

Analyst

PRESCIENT SOLUTION FUNDS AND SATELLITES

Exp

ecte

d R

eal

Ret

urn

s

Expected Capital Volatility

Income Provider

Positive Return

Absolute Balanced

Equity Active Quant

Targets a high income yield with stable capital values.

Targets sustainable real returns over time, while

actively managing downside risk (in foreign

currency for feeder funds).

Targets real returns through income and

capital gains with capital losses

possible over the shorter term.

Targets returns above general equity markets by investing in shares that offer value relative

to its price

1 – 3 % p.a.

No losses over any 3 months

1 – 3 years

3 – 4% p.a.

No losses over any 12 months

1 year and longer

4 - 5% p.a.

No more than 5% loss over any 12 months

3 years and longer

6 – 8% p.a.

Market Related

7 years and longer

Real Return Target

Risk Target

Recommended Horizon

Yield QuantPlus®

Global Income Feeder

Global Positive Return Feeder

China Balanced

Feeder

Global Growth Feeder

Equity Quant

Africa Equity

Equity Income

Balanced

Targets real returns similar to the average balanced fund with no

explicit risk target.

5 – 6% p.a.

Market Related

5 years and longer

GlobalBalancedStrategy Feeder

Money Market

Bond QuantPlus®

Client needs:• regular income withdrawals, or• has a short term investment horizon but

wants to outperform cash.

INCOME PROVIDER

100.0

120.0

140.0

160.0

180.0

200.0

220.0

Dec

-05

Mar

-06

Jun-

06

Sep-

06

Dec

-06

Mar

-07

Jun-

07

Sep-

07

Dec

-07

Mar

-08

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08

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08

Dec

-08

Mar

-09

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09

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09

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-09

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-10

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10

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10

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-10

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-11

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11

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11

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-11

Mar

-12

Jun-

12

Sep-

12

Dec

-12

Mar

-13

Jun-

13

Sep-

13

Dec

-13

Mar

-14

Prescient Income Provider vs Sector Median(Multi Asset Income to 31 May 2014)

Prescient Income Provider A1 Median : Multi Asset Income Inflation + 3%

IP (A1) : 9.7% p.a.CPI + 3% : 9.7% p.a.Peer Median : 8.1% p.a.

INCOME PROVIDER

100.0

120.0

140.0

160.0

180.0

200.0

220.0

240.0

Dec

-05

Mar

-06

Jun-

06

Sep-

06

Dec

-06

Mar

-07

Jun-

07

Sep-

07

Dec

-07

Mar

-08

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08

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08

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-08

Mar

-09

Jun-

09

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09

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-09

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-10

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10

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10

Dec

-10

Mar

-11

Jun-

11

Sep-

11

Dec

-11

Mar

-12

Jun-

12

Sep-

12

Dec

-12

Mar

-13

Jun-

13

Sep-

13

Dec

-13

Mar

-14

Prescient Income Provider vs Sector Peers(Multi Asset Income since inception)

INCOME PROVIDER

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

Mar

-06

Jun-

06

Sep-

06

Dec

-06

Mar

-07

Jun-

07

Sep-

07

Dec

-07

Mar

-08

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08

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08

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-08

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-09

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09

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09

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-09

Mar

-10

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10

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10

Dec

-10

Mar

-11

Jun-

11

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11

Dec

-11

Mar

-12

Jun-

12

Sep-

12

Dec

-12

Mar

-13

Jun-

13

Sep-

13

Dec

-13

Mar

-14

Prescient Income Provider(Risk Target - Rolling 3 months to 31 May 2014)

Prescient Income Provider A1

INCOME PROVIDER

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

Dec

-06

Mar

-07

Jun-

07

Sep-

07

Dec

-07

Mar

-08

Jun-

08

Sep-

08

Dec

-08

Mar

-09

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09

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09

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-09

Mar

-10

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10

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10

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-10

Mar

-11

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11

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11

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-11

Mar

-12

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12

Sep-

12

Dec

-12

Mar

-13

Jun-

13

Sep-

13

Dec

-13

Mar

-14

Prescient Income Provider(Rolling 12 months to 31 May 2014 vs Cash)

Prescient Income Provider A1 STeFI Call

PRESCIENT SOLUTION FUNDS AND SATELLITES

Exp

ecte

d R

eal

Ret

urn

s

Expected Capital Volatility

Income Provider

Positive Return

Absolute Balanced

Equity Active Quant

Targets a high income yield with stable capital values.

Targets sustainable real returns over time, while

actively managing downside risk (in foreign

currency for feeder funds).

Targets real returns through income and

capital gains with capital losses

possible over the shorter term.

Targets returns above general equity markets by investing in shares that offer value relative

to its price

1 – 3 % p.a.

No losses over any 3 months

1 – 3 years

3 – 4% p.a.

No losses over any 12 months

1 year and longer

4 - 5% p.a.

No more than 5% loss over any 12 months

3 years and longer

6 – 8% p.a.

Market Related

7 years and longer

Real Return Target

Risk Target

Recommended Horizon

Yield QuantPlus®

Global Income Feeder

Global Positive Return Feeder

China Balanced

Feeder

Global Growth Feeder

Equity Quant

Africa Equity

Equity Income

Balanced

Targets real returns similar to the average balanced fund with no

explicit risk target.

5 – 6% p.a.

Market Related

5 years and longer

GlobalBalancedStrategy Feeder

Money Market

Bond QuantPlus®

Client needs:• local equity market participation• without risk of capital loss over 12

months

ROLLING RETURNS: POSITIVE RETURN

PRESCIENT SOLUTION FUNDS AND SATELLITES

Exp

ecte

d R

eal

Ret

urn

s

Expected Capital Volatility

Income Provider

Positive Return

Absolute Balanced

Equity Active Quant

Targets a high income yield with stable capital values.

Targets sustainable real returns over time, while

actively managing downside risk (in foreign

currency for feeder funds).

Targets real returns through income and

capital gains with capital losses

possible over the shorter term.

Targets returns above general equity markets by investing in shares that offer value relative

to its price

1 – 3 % p.a.

No losses over any 3 months

1 – 3 years

3 – 4% p.a.

No losses over any 12 months

1 year and longer

4 - 5% p.a.

No more than 5% loss over any 12 months

3 years and longer

6 – 8% p.a.

Market Related

7 years and longer

Real Return Target

Risk Target

Recommended Horizon

Yield QuantPlus®

Global Income Feeder

Global Positive Return Feeder

China Balanced

Feeder

Global Growth Feeder

Equity Quant

Africa Equity

Equity Income

Balanced

Targets real returns similar to the average balanced fund with no

explicit risk target.

5 – 6% p.a.

Market Related

5 years and longer

GlobalBalancedStrategy Feeder

Money Market

Bond QuantPlus®

Client needs:• real returns over long term• fee conscious

PRESCIENT BALANCED FUND

13

PRESCIENT BALANCED FUND

14

PRESCIENT SOLUTION FUNDS AND SATELLITES

Exp

ecte

d R

eal

Ret

urn

s

Expected Capital Volatility

Income Provider

Positive Return

Absolute Balanced

Equity Active Quant

Targets a high income yield with stable capital values.

Targets sustainable real returns over time, while

actively managing downside risk (in foreign

currency for feeder funds).

Targets real returns through income and

capital gains with capital losses

possible over the shorter term.

Targets returns above general equity markets by investing in shares that offer value relative

to its price

1 – 3 % p.a.

No losses over any 3 months

1 – 3 years

3 – 4% p.a.

No losses over any 12 months

1 year and longer

4 - 5% p.a.

No more than 5% loss over any 12 months

3 years and longer

6 – 8% p.a.

Market Related

7 years and longer

Real Return Target

Risk Target

Recommended Horizon

Yield QuantPlus®

Global Income Feeder

Global Positive Return Feeder

China Balanced

Feeder

Global Growth Feeder

Equity Quant

Africa Equity

Equity Income

Balanced

Targets real returns similar to the average balanced fund with no

explicit risk target.

5 – 6% p.a.

Market Related

5 years and longer

GlobalBalancedStrategy Feeder

Money Market

Bond QuantPlus®

Client needs:• offshore exposure• non traditional assets with high

growth potantial• reduced correlation to SA market

AFRICA VALUATIONS

Source: Bloomberg on 30 May 2014

Dividend Yield

16

FUND PERFORMANCE - ZAR

Fund inception: 31 March 2011Composite Benchmark change: 90% MSCI Africa ex ZA 10% US TB prior November 2011.MSCI Africa ex ZA from November 2011 onwards

31 May 2014

2011 (9 months) 2012 2013 2014 (5 months)

Gross Return -0.0831 0.4238 0.4382 0.0523616043335693

Benchmark -0.0363 0.4077 0.4134 0.0624130412589312

Alpha -0.0468 0.0161 0.0248 -0.0100514369253619-15.00%

-5.00%

5.00%

15.00%

25.00%

35.00%

45.00%

17

GLOBAL GROWTH EQUITY CARVE-OUT

May 2014

1 Month 3 Month YTD 6 Month 1 Year Since Model Update (July

2012)

3 Year Since EAQ Incep (Feb

2010)

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

EAQ Global Model

MSCI World