RAND WATER PROVIDENT FUND ANNUAL REPORT 2022-2023

Top Ten Risks

1

Inadequate mandates 6

Market risk (capital loss and volatility)

2

7

Ineffective monitoring of investments)

Negative real returns

3

8

Not achieving the Fund's main objective (RR)

Inadequate investment returns

Succession planning for employer trustees and their

4

alternates 9

Member Investment Choice

5

Information 10

Protection of Personal

Market timing

18 Rand Water Provident Fund Annual Report | 2022-2023