National Fund for Municipal Workers

NFMW Annual Report & Key Highlights (1 July 2018 to 30 June 2019)


NFMW-greetings

The NFMW had another successful financial year and we are excited to provide you with the electronic version of the 2018/2019 Annual report and Key highlights video in this month's edition.

The report provides an overview of the fund's activities for the period 1 July 2018 to 30 June 2019 and a hard copy has been posted to all fund members.



NFMW LATEST INVESTMENT PORTFOLIO RETURNS

During September, all the NFMW-portfolio returns were positive, which translates into excellent year to date performance figures. The table shows the most recent return declaration and the graph highlights the calendar year to date returns:

3 months 1 year 3 years Ann 5 years Ann 10 years Ann
Shari'ah Portfolio 3,80% 7,59% 7,03% 5,27% 5,27%
Capital Protector 1,83% 8,10% 8,19% 7,81% 6,58%
Stable Growth 1,37% 8,17% 6,40% 7,02% n/a
Capital Growth 2,90% 8,97% 7,06% 7,77% 9,52%
Aggressive Growth 3,24% 8,71% 6,79% 7,36% 10,54%
CPI (inflation) 1,06% 4,20% 4,71% 5,03% 5,15%


Mr. K Booysen
Mr. R Solomons
Our sincere appreciation to the two NFMW-Board members, Messrs K. Booysen and R. Solomons, who are retiring from service and from the Board of Trustees at the end of November 2019. These Board members have served on the Board for more than two decades. We wish them all the best in their retirement.

DID YOU KNOW? NFMW-MEMBERS CAN NOW REGISTER FOR ONLINE ACCESS!

The Sanlam online platform allows you to access your benefit information, update personal and beneficiary details, request benefit statements and much more. Register now on https://cp.sanlam.co.za/ or download the free Sanlam My Retirement App.