National Fund for Municipal Workers

September update


NFMW-greetings

We are pleased to report that the respective NFMW investment portfolios are continuing to outperform their investment objectives. The latest portfolio returns are provided in this edition and also uploaded onto the fund website on a monthly basis. Members can register for the interactive facility, which enables them to access information on their current risk cover options, investment portfolios selected and their updated fund credit.

The latest benefit statements were posted and members are encouraged to contact the fund if they have not received these important documents. You can also update your details by clicking here.

Enjoy reading and please feel free to contact us if you have any questions or require assistance with fund-related matters.

Kind regards

Sean Samons
Principal Executive Officer

Indemnity statement

The National Fund for Municipal Workers does not accept liability for any loss, damage or expense that may be incurred as a direct result or consequence of reliance upon the information in this document. If there is any conflict between the information in this document and the actual Rules of the Fund, the actual Rules of the Fund will prevail.

Latest portfolio returns (Aug 2017)

Capital Protector
0.99%
Stable Growth
1.27%
Capital Growth
0.88%
Aggressive Growth
0.87%
Sha’riah
1.43%


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The NFMW was featured in the Mail & Guardian as part of the IRFA special edition. Please click here to read the article. Download the full edition here

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Frequently asked Q & A

Q: There has been much news around the Government Employees' Pension Fund the past month, is my money still safe with the NFMW?

A: The NFMW is aware of the news around the Public Investment Corporation (PIC) and the assets they manage on behalf of the Government Employees Pension Fund (GEPF). It is, however, very important to note that the National Fund for Municipal Workers has no association with the GEPF or with this specific asset manager. NFMW members therefore have no reason for concern and can rest assured that this has no effect on their retirement savings.


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Congratulations to our recent winners!

D. Septoo, S. Swangyi, T. Loggenberg, L. Norris, M. Adonis , W. Motsoane, W. Kleynhans, P. du Preez, T.Moleleki and L Augustyn.

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