RAND WATER PROVIDENT FUND ANNUAL REPORT 2022-2023

fair value of the assets of the fund

First National Bank 29 031 295 29 031 295 0.68% - Local Multi-managers 4 246 153 165 4 246 153 165 99.32% Investment Property Members – Housing Loan Guarantees 50 000 000 29 031 295 4 246 153 165 50 000 000 4 275 184 460 100% • Investment value must be the value determined according to the regulatory reporting requirements for retirement funds Asset managers – local

Exposure to

counter party

as a % of the

per Counter Party R

Guarantees R

mark to market value R

Open financial instruments

counter party R

Deposit/liquid asset with

counter party R

Direct

investment in

ENTITY/ COUNTERPARTY EXPOSURE

Counter party

• Housing guarantees are not assets but reflect risk factor and therefore excluded from the counter party and exposure to counter party.

Banks

Credit / counter party risk

96 Rand Water Provident Fund Annual Report | 2022-2023