RAND WATER PROVIDENT FUND ANNUAL REPORT 2022-2023

Percentage of Fair value Percentage of Fair value R % R % R % R Foreign Percentage of Fair value Africa

1 Balances or deposits money market instruments issued by a bank including Islamic liquidity management financial instruments. 29 031 295 0.68% 29 031 295

8 Hedge Funds private equity funds and any other assets not referred to in this schedule. 9 Fair value of assets to be excluded in terms of sub regulations3(c) and (8)(b) of Regulation 28 10 Investments not disclosed/data not available for disclosure. 11 Linked Insurance Policies 3 268 893 581 76.46% 977 256 597 19.81% 2 987 0.00% 4 246 153 165 3 297 924 876 77.14% 977 256 597 19.81% 2 987 0.00% 4 275 184 460

(Excluding Africa)

Local

2 Debt instruments including Islamic debt instruments. 3 Equities 4 Immovable property 5 Instruments -AC

6 Investment in the business of a participating employer 7 Housing loans granted to members - section 19(5)

SCHEDULE IB – CONTINUED ASSETS HELD IN COMPLIANCE WITH REGULATION 28 INVESTMENT SUMMARY (REGULATION 28)

Note: Maximum Foreign limits and disclosure in terms of South African Reserve Bank requirements The minimum of Foreign exposure limit was revised up to the limit of 30% in respect of foreign portfolio investments and an additional 10% in respect of foreign portfolio investments in Africa on 21 February 2018 followed by circular 7/2018 issued by the South African Reserve Bank on exchange control.

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