B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
Jan liberty-life-returns
1. Liberty Life Portfolios - Performance History
Portfolios Returns - as at 31 January 2012
Excelsior Portfolios
Equity Funds
Excelsior Financials - Aggressive Excelsior Index 40 - Aggressive
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 9.51% 10.30% 10.35% 9.03% 3.77% 4.05% 4.10% 3.56%
6 Months 14.43% 15.41% 15.46% 13.78% 9.39% 9.92% 9.83% 8.98%
1 Year 13.37% 14.00% 13.98% 12.89% 9.60% 10.09% 10.06% 9.25%
2 Years 15.23% 15.47% 15.30% 14.88% 14.19% 14.79% 14.76% 13.71%
3 Years 23.04% 24.22% 24.01% 21.94% 19.67% 20.54% 20.55% 18.92%
5 Years 6.37% 6.16% 6.36% 6.39% 8.05% 8.19% 8.19% 8.03%
8 Years 16.78% 17.36% 17.46% 16.11% 16.96% 17.59% 17.59% 16.43%
10 Years
Excelsior Industrials - Aggressive Excelsior Resources - Aggressive
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 3.95% 4.01% 4.09% 4.23% 4.61% 5.02% 5.02% 4.11%
6 Months 10.27% 10.55% 10.38% 9.60% 7.09% 7.60% 7.60% 5.84%
1 Year 19.33% 19.81% 19.66% 17.97% 1.38% 1.19% 1.19% 0.56%
2 Years 22.82% 22.32% 22.40% 23.52% 8.80% 9.39% 9.39% 7.82%
3 Years 24.79% 24.96% 24.91% 24.84% 13.70% 15.36% 15.36% 11.81%
5 Years 12.95% 12.53% 12.79% 13.24% 6.80% 6.76% 6.77% 6.48%
8 Years 22.65% 23.06% 23.20% 22.17% 15.56% 16.15% 16.17% 14.78%
10 Years
Excelsior Small Companies - Aggressive Excelsior Shari'ah Equity - Aggressive
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 5.60% 5.91% 5.79% 6.38% 1.78% 1.94% 1.94% 1.65%
6 Months 5.39% 5.64% 5.62% 5.83% 3.76% 4.09% 4.09% 3.47%
1 Year 3.05% 2.99% 3.30% 2.97% 2.96% 3.22% 3.22% 2.74%
2 Years 9.85% 9.72% 10.59% 9.83% 6.46% 7.07% 7.07% 5.95%
3 Years 9.28% 9.37% 10.47% 6.28% 8.60% 9.47% 9.47% 7.86%
5 Years -7.05% -8.00% -7.46% -7.74%
8 Years 11.36% 11.47% 11.80% 9.73%
10 Years
Excelsior Managed Cautious - Moderately Conservative Excelsior Shari'ah Balanced - Moderate
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 0.62% 0.67% 0.67% 0.58% 1.89% 2.11% 2.11% 1.82%
6 Months 4.00% 4.29% 4.29% 3.74% 3.38% 3.85% 3.85% 3.24%
1 Year 6.54% 7.03% 7.03% 6.12% 4.23% 4.83% 4.83% 4.13%
2 Years 7.04% 7.59% 7.59% 6.57% 7.57% 8.29% 8.29% 7.31%
3 Years
5 Years
8 Years
10 Years
Excelsior Nationbuilder - Aggressive Excelsior Rand Hedge - Aggressive
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 5.27% 5.87% 5.87% 4.78% 4.02% 4.31% 4.31% 3.77%
6 Months 7.45% 8.31% 8.31% 6.74% 8.49% 8.98% 8.98% 8.06%
1 Year 6.58% 7.33% 7.33% 5.96% 9.89% 10.75% 10.75% 9.15%
2 Years 8.60% 9.65% 9.65% 7.75% 13.25% 14.30% 14.30% 12.36%
3 Years 11.40% 12.96% 12.96% 10.18% 18.53% 20.28% 20.30% 17.10%
5 Years
8 Years
10 Years
41 42 43 44
Other Portfolios
Excelsior CPI Plus - Moderate Excelsior Bond - Moderate
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 1.72% 2.18% 1.96% 1.51% 2.79% 3.65% 3.68% 2.86%
6 Months 4.79% 5.32% 5.06% 4.45% 5.80% 7.58% 7.61% 5.88%
1 Year 5.93% 7.31% 7.01% 5.72% 11.71% 14.24% 14.45% 11.35%
2 Years 6.64% 7.71% 7.01% 6.10% 10.95% 13.46% 13.39% 10.65%
3 Years 6.15% 7.62% 6.70% 5.97% 7.40% 9.44% 9.35% 7.12%
5 Years 5.20% 6.54% 6.08% 5.24% 7.10% 9.45% 9.39% 7.15%
8 Years 9.58% 11.09% 11.06% 9.27% 7.85% 9.95% 10.53% 7.91%
10 Years
Excelsior Income - Conservative Excelsior Property - Moderate
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 2.43% 2.36% 2.47% 2.78% 1.85% 2.33% 2.33% 1.84%
6 Months 4.70% 4.58% 4.71% 4.05% 3.93% 4.92% 4.92% 3.89%
1 Year 7.61% 9.62% 9.79% 6.66% 8.22% 10.30% 10.30% 8.11%
2 Years 8.14% 9.66% 9.92% 7.21% 8.93% 11.04% 11.04% 8.78%
3 Years 6.58% 8.99% 9.61% 6.05% 8.99% 11.20% 11.20% 8.86%
5 Years 7.66% 9.57% 10.13% 7.26% 11.08% 13.60% 13.62% 10.80%
8 Years 7.32% 9.15% 9.86% 6.99% 12.10% 14.39% 14.84% 11.72%
10 Years 7.75% 9.46% 10.53% 7.48%
Liberty Life Portfolios - Performance History Page 1 Of 11
2. Portfolios Returns - as at 31 January 2012
27 28 29 30
Other Portfolios
Excelsior Managed - Moderately Aggressive Excelsior Dynamic Return - Moderate
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 3.45% 3.75% 3.55% 3.25% 2.25% 0.34% 0.34% 2.27%
6 Months 10.26% 10.97% 10.72% 9.54% 6.30% 4.59% 4.59% 6.07%
1 Year 12.31% 13.50% 13.07% 11.81% 8.52% 4.86% 4.86% 8.32%
2 Years 12.38% 13.43% 13.23% 12.06% 9.84% 9.00% 9.00% 9.55%
3 Years 12.61% 13.81% 13.67% 12.22% 11.13% 11.22% 11.22% 10.73%
5 Years 7.35% 7.76% 7.74% 7.33% 7.04% 7.26% 7.26% 6.92%
8 Years 15.16% 16.07% 16.08% 15.06%
10 Years 14.75% 15.69% 15.70% 14.67%
Since Inception 17.16% 18.84% 18.84% 17.12%
Excelsior Listed Property - Moderately Aggressive Excelsior Aggressive Income - Moderate
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 5.44% 6.14% 5.62% 5.30% 2.82% 3.46% 2.91% 2.77%
6 Months 8.49% 9.96% 8.74% 8.34% 5.33% 6.61% 5.51% 5.25%
1 Year 16.47% 19.62% 16.97% 16.18% 10.35% 13.05% 10.68% 10.21%
2 Years 18.57% 21.87% 19.22% 18.14% 11.77% 14.69% 12.18% 11.57%
3 Years 17.66% 21.08% 19.32% 17.30% 10.47% 13.24% 11.58% 10.35%
5 Years 11.96% 14.83% 13.82% 11.87% 8.29% 10.92% 9.94% 8.31%
8 Years
10 Years
Excelsior Progressive Bonus - Conservative Excelsior 6 month Top40 Protector
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 1.25% 1.36% 1.36% 1.17% -0.94% -1.02% -1.02% -0.88%
6 Months 2.41% 2.60% 2.60% 2.24% 0.91% 0.99% 0.99% 0.85%
1 Year 4.77% 5.17% 5.17% 4.43% 0.88% 0.95% 0.95% 0.82%
2 Years 7.51% 8.14% 8.14% 6.97% 3.47% 3.52% 3.52% 3.42%
3 Years 6.77% 7.33% 7.33% 6.28% 5.21% 5.23% 5.23% 5.19%
5 Years
8 Years
10 Years
Excelsior 12 month Top40 Protector Tranche I Excelsior 24 month Top40 Protector Tranche I
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months -2.32% -2.51% -2.51% -2.16% -1.56% -2.62% -2.62% -0.62%
6 Months -0.66% -0.72% -0.72% -0.62% 2.23% 1.40% 1.40% 2.95%
1 Year 1.47% 1.59% 1.59% 1.37% 2.77% 1.98% 1.98% 3.46%
2 Years 6.69% 6.76% 6.76% 6.63% 8.14% 8.28% 8.28% 8.02%
3 Years 12.61% 12.60% 12.60% 12.62% 6.42% 6.47% 6.47% 6.38%
5 Years
8 Years
10 Years
Excelsior 12 month Top40 Protector Tranche II Excelsior 24 month Top40 Protector Tranche II
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 2.32% 2.51% 2.51% 2.16% 4.68% 5.00% 5.00% 4.40%
6 Months 4.72% 5.11% 5.11% 4.38% 9.22% 9.87% 9.87% 8.64%
1 Year 7.93% 7.50% 7.50% 8.31% 12.22% 13.11% 13.11% 11.44%
2 Years 11.01% 10.80% 10.80% 11.19% 12.67% 13.42% 13.42% 12.01%
3 Years 11.60% 11.74% 11.74% 11.48% 11.50% 12.27% 12.27% 10.83%
5 Years
8 Years
10 Years
Excelsior 24 month Top40 Protector Tranche III Excelsior 24 month Top40 Protector Tranche IV
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 2.35% 2.54% 2.54% 2.19% 2.34% 2.53% 2.53% 2.18%
6 Months 5.36% 5.81% 5.81% 4.98% 5.93% 6.43% 6.43% 5.50%
1 Year 8.32% 9.03% 9.03% 7.71% 10.44% 8.64% 8.64% 12.05%
2 Years 12.37% 11.86% 11.86% 12.82% 14.62% 14.36% 14.36% 14.85%
3 Years 15.62% 15.87% 15.87% 15.41%
5 Years
8 Years
10 Years
Liberty Life Portfolios - Performance History Page 2 Of 11
3. Portfolios Returns - as at 31 January 2012
Excelsior Portfolios
LA Excelsior Bond - Moderate LA Excelsior CPI Plus - Moderate
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 2.92% 3.66% 3.63% 2.83% 2.59% 2.52% 2.59% 2.13%
6 Months 6.31% 7.89% 7.80% 6.11% 3.72% 4.09% 4.05% 3.47%
1 Year 11.79% 14.35% 14.26% 11.64% 6.51% 7.67% 7.36% 6.53%
2 Years 10.81% 13.27% 13.21% 10.69% 7.82% 9.79% 10.11% 8.12%
3 Years 7.27% 9.52% 9.48% 7.42% 9.26% 12.24% 12.91% 9.60%
5 Years 7.53% 9.69% 9.68% 7.62% 6.09% 7.82% 8.21% 6.43%
8 Years
10 Years
Excelsior High Yield- Moderately
Excelsior Equity
Period Conservative
Linked Annuity
Individual Company
3 Months 1.66% 1.66% 4.64%
6 Months 3.36% 3.36% 9.39%
1 Year 6.76% 6.76% 15.49%
2 Years 7.10% 7.10% 15.29%
3 Years 7.66% 7.66% 15.73%
5 Years 8.85% 8.85% 9.81%
8 Years 8.13% 8.13% 15.89%
10 Years
Risk Profiled Funds
Excelsior Conservative LA Excelsior Conservative
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 2.96% 3.42% 3.41% 2.96% 3.03% 3.31% 3.29% 2.89%
6 Months 5.91% 6.54% 6.54% 5.83% 5.58% 6.36% 6.32% 5.40%
1 Year 9.22% 10.61% 10.56% 9.06% 9.09% 10.63% 10.44% 8.96%
2 Years 9.15% 11.05% 10.94% 9.00% 9.08% 10.80% 10.61% 9.12%
3 Years 9.30% 11.13% 11.03% 9.10% 8.89% 10.76% 10.65% 8.91%
5 Years 8.03% 10.13% 10.11% 8.01% 8.33% 10.26% 10.21% 8.36%
8 Years 10.35% 12.31% 12.71% 10.20%
10 Years
Excelsior Moderately Conservative LA Excelsior Moderately Conservative
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 3.88% 4.36% 4.35% 3.83% 3.98% 4.20% 4.18% 3.74%
6 Months 8.09% 8.73% 8.69% 7.88% 7.77% 8.50% 8.43% 7.40%
1 Year 11.87% 13.01% 13.03% 11.49% 11.69% 13.03% 12.81% 11.34%
2 Years 12.14% 13.79% 13.68% 11.74% 11.98% 13.36% 13.18% 11.85%
3 Years 12.74% 14.36% 14.24% 12.26% 12.03% 13.61% 13.49% 11.84%
5 Years 8.54% 10.08% 10.09% 8.38% 8.67% 9.94% 9.92% 8.66%
8 Years 13.35% 14.99% 15.30% 12.97%
10 Years
Excelsior Moderate LA Excelsior Moderate
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 4.17% 4.79% 4.77% 4.15% 4.48% 4.65% 4.62% 4.18%
6 Months 8.86% 9.77% 9.70% 8.70% 8.94% 9.63% 9.54% 8.45%
1 Year 12.71% 14.16% 14.29% 12.38% 13.03% 14.35% 14.33% 12.53%
2 Years 13.33% 15.28% 15.20% 12.93% 13.61% 14.83% 14.80% 13.31%
3 Years 14.33% 16.30% 16.19% 13.79% 13.89% 15.32% 15.30% 13.52%
5 Years 8.36% 9.86% 9.89% 8.21% 8.67% 9.57% 9.62% 8.64%
8 Years 14.76% 16.40% 16.65% 14.30%
10 Years
Excelsior Moderately Aggressive LA Excelsior Moderately Aggressive
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 4.24% 4.86% 4.83% 4.17% 4.56% 4.69% 4.65% 4.24%
6 Months 9.15% 10.28% 10.20% 8.92% 9.51% 10.13% 10.03% 8.97%
1 Year 13.59% 14.70% 14.86% 13.10% 13.72% 14.84% 14.80% 13.16%
2 Years 14.57% 15.95% 15.87% 14.00% 14.42% 15.41% 15.40% 14.08%
3 Years 15.62% 17.17% 17.06% 14.96% 14.79% 16.04% 16.02% 14.37%
5 Years 8.23% 9.26% 9.31% 8.04% 8.27% 8.86% 8.93% 8.27%
8 Years 15.46% 16.80% 17.00% 14.94%
10 Years
Excelsior Aggressive LA Excelsior Aggressive
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 4.70% 5.25% 5.21% 4.58% 4.92% 5.08% 5.04% 4.54%
6 Months 10.15% 11.11% 11.00% 9.84% 10.42% 10.98% 10.87% 9.78%
1 Year 14.15% 14.86% 15.04% 13.63% 14.24% 15.16% 15.12% 13.57%
2 Years 15.71% 16.75% 16.68% 15.08% 15.44% 16.08% 16.07% 15.05%
3 Years 17.91% 19.28% 19.18% 17.16% 16.82% 17.80% 17.77% 16.25%
5 Years 8.28% 8.89% 8.98% 8.05% 8.11% 8.24% 8.33% 8.13%
8 Years 17.36% 18.42% 18.53% 16.69%
10 Years
Liberty Life Portfolios - Performance History Page 3 Of 11
4. Portfolios Returns - as at 31 January 2012
STANLIB Offshore Portfolios- Aggressive in Rands
Equity Funds
STANLIB Global Equity
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -0.51% -2.16% -2.28% -2.28% -2.06%
6 Months -5.51% 10.06% 10.66% 10.66% 9.52%
1 Year -2.24% 5.85% 6.18% 6.18% 5.54%
2 Years 6.96% 8.59% 9.12% 9.12% 8.12%
3 Years 16.32% 7.00% 7.43% 7.43% 6.61%
5 Years -2.40% -1.02% -1.07% -1.07% -0.93%
8 Years 2.49% 3.67% 3.91% 3.91% 3.47%
10 Years 3.52% -0.15% -0.16% -0.16%
Bond Funds
STANLIB Global Bond
Period
In Dollar Terms Individual RA Untaxed Company
3 Months 0.13% -1.55% -1.62% -1.62% -1.49%
6 Months 1.68% 18.48% 19.46% 19.46% 17.60%
1 Year 7.90% 16.80% 17.68% 17.68% 16.01%
2 Years 6.50% 8.16% 8.56% 8.56% 7.78%
3 Years 9.17% 0.29% 0.31% 0.31% 0.28%
5 Years 6.95% 8.38% 8.86% 8.86% 7.97%
8 Years 5.15% 6.35% 6.72% 6.72% 6.02%
10 Years 7.84% 4.04% 4.26% 4.26%
Ermitage Portfolios - Aggressive in Rands
Non Equity Funds
Ermitage Alpha Class (Dollar Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -0.49% -2.12% -2.26% -2.26% -2.00%
6 Months -2.59% 13.21% 14.20% 14.20% 12.34%
1 Year 1.84% 10.11% 10.85% 10.85% 9.46%
2 Years 3.86% 5.44% 5.83% 5.83% 5.10%
3 Years 4.53% -3.84% -4.07% -4.07% -3.63%
5 Years 0.30% 1.68% 1.80% 1.80% 1.59%
8 Years 3.09% 4.25% 4.59% 4.59% 3.93%
10 Years 3.32% -0.30% -0.32% -0.32%
Ermitage Asset Selection (Dollar Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -1.80% -3.37% -3.65% -3.65% -3.13%
6 Months -4.47% 10.76% 11.79% 11.79% 9.89%
1 Year -3.89% 3.85% 4.19% 4.19% 3.56%
2 Years -2.42% -0.89% -0.97% -0.97% -0.83%
3 Years -1.55% -9.35% -10.00% -10.00% -8.78%
5 Years -3.33% -1.97% -2.13% -2.13% -1.83%
8 Years -0.25% 0.90% 0.98% 0.98% 0.81%
10 Years 0.72% -2.79% -2.99% -2.99%
Liberty Life Portfolios - Performance History Page 4 Of 11
5. Portfolios Returns - as at 31 January 2012
Ermitage Portfolios- Aggressive in Rands
Ermitage Alpha Class (Euro Based) Ermitage Asset Selection (Euro)
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months -7.89% -8.32% -8.32% -7.49% -8.63% -9.25% -9.25% -8.08%
6 Months 3.08% 3.28% 3.28% 2.91% 1.33% 1.43% 1.43% 1.23%
1 Year 5.48% 5.83% 5.83% 5.17% -0.53% -0.57% -0.57% -0.49%
2 Years 1.68% 1.79% 1.79% 1.59% -4.00% -4.30% -4.30% -3.74%
3 Years -3.06% -3.23% -3.23% -2.90% -8.80% -9.38% -9.38% -8.29%
5 Years 1.80% 1.91% 1.91% 1.71% -2.24% -2.41% -2.41% -2.08%
8 Years 4.41% 4.74% 4.74% 4.12% 0.70% 0.76% 0.76% 0.65%
10 Years
Ermitage Dollar Money
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -0.14% -1.89% -1.89% -1.89% -1.89%
6 Months -0.25% 17.12% 17.12% 17.12% 17.12%
1 Year -0.37% 8.33% 8.33% 8.33% 8.33%
2 Years -0.19% 1.48% 1.48% 1.48% 1.48%
3 Years 0.00% -8.48% -8.48% -8.48% -8.48%
5 Years 1.43% 2.92% 2.92% 2.92% 2.92%
8 Years 2.06% 3.34% 3.34% 3.34% 3.34%
10 Years 1.88% -1.94% -1.94% -1.94%
Ermitage Euro Money
Period
In Euro Terms In Dollar Terms Individual RA Untaxed Company
39 3 Months -1.20% -5.66% -7.31% -7.31% -7.31% -7.31%
6 Months -4.89% -9.18% 6.63% 6.63% 6.63% 6.63%
1 Year 0.25% -4.28% 4.08% 4.08% 4.08% 4.08%
2 Years 1.75% -2.84% -1.22% -1.22% -1.22% -1.22%
3 Years 5.70% 0.93% -7.63% -7.63% -7.63% -7.63%
5 Years 6.75% 1.93% 3.43% 3.43% 3.43% 3.43%
8 Years 7.35% 2.50% 3.79% 3.79% 3.79% 3.79%
10 Years #N/A 6.35% 2.37% 2.37% 2.37%
Ermitage Sterling Money
Period In Sterling
In Dollar Terms Individual RA Untaxed Company
Terms
40 3 Months -2.36% -2.09% -3.81% -3.81% -3.81% -3.81%
6 Months -4.25% -3.99% 12.72% 12.72% 12.72% 12.72%
1 Year -1.75% -1.48% 7.12% 7.12% 7.12% 7.12%
2 Years -0.90% -0.63% 1.03% 1.03% 1.03% 1.03%
3 Years 2.91% 3.19% -5.56% -5.56% -5.56% -5.56%
5 Years -2.31% -2.05% -0.61% -0.61% -0.61% -0.61%
8 Years 0.92% 1.19% 2.46% 2.46% 2.46% 2.46%
10 Years
Risk Profiled Funds
Ermitage Conservative (Dollar Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -2.63% -4.15% -4.55% -4.55% -3.81%
6 Months -5.94% 8.93% 9.91% 9.91% 8.12%
1 Year -8.36% -0.93% -1.02% -1.02% -0.85%
2 Years -4.78% -3.24% -3.55% -3.55% -2.98%
3 Years -4.10% -11.61% -12.50% -12.50% -10.83%
5 Years -2.75% -1.39% -1.53% -1.53% -1.29%
8 Years -0.43% 0.71% 0.78% 0.78% 0.61%
10 Years
Ermitage Moderately Conservative (Dollar Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -2.64% -4.16% -4.54% -4.54% -3.83%
6 Months -5.96% 8.96% 9.91% 9.91% 8.17%
1 Year -8.37% -0.93% -1.02% -1.02% -0.85%
2 Years -4.79% -3.25% -3.55% -3.55% -2.99%
3 Years -4.10% -11.63% -12.50% -12.50% -10.87%
5 Years -2.70% -1.33% -1.45% -1.45% -1.24%
8 Years -0.43% 0.71% 0.79% 0.79% 0.62%
10 Years
Ermitage Moderate (Dollar Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -1.05% -2.63% -2.85% -2.85% -2.43%
6 Months -5.10% 10.03% 11.02% 11.02% 9.19%
1 Year -7.60% -0.07% -0.07% -0.07% -0.06%
2 Years -4.62% -3.08% -3.34% -3.34% -2.85%
3 Years -3.84% -11.43% -12.22% -12.22% -10.73%
5 Years -2.22% -0.86% -0.93% -0.93% -0.80%
8 Years -0.20% 0.95% 1.03% 1.03% 0.85%
10 Years
Liberty Life Portfolios - Performance History Page 5 Of 11
6. Portfolios Returns - as at 31 January 2012
Ermitage Portfolios- Aggressive in Rands
Ermitage Moderately Aggressive (Dollar Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -1.04% -2.62% -2.85% -2.85% -2.42%
6 Months -5.09% 9.99% 11.02% 11.02% 9.13%
1 Year -7.57% -0.06% -0.07% -0.07% -0.06%
2 Years -4.61% -3.07% -3.34% -3.34% -2.84%
3 Years -3.83% -11.40% -12.22% -12.22% -10.67%
5 Years -2.23% -0.86% -0.94% -0.94% -0.81%
8 Years -0.02% 1.12% 1.23% 1.23% 1.00%
10 Years
Ermitage Aggressive (Dollar Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -0.89% -2.48% -2.69% -2.69% -2.29%
6 Months -5.72% 9.33% 10.25% 10.25% 8.55%
1 Year -8.06% -0.55% -0.60% -0.60% -0.51%
2 Years -5.46% -3.91% -4.24% -4.24% -3.62%
3 Years -4.41% -11.95% -12.78% -12.78% -11.23%
5 Years -1.73% -0.36% -0.40% -0.40% -0.34%
8 Years 0.15% 1.30% 1.42% 1.42% 1.16%
10 Years
Ermitage Conservative (Euro Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -7.50% -9.11% -9.61% -9.61% -8.66%
6 Months -13.61% 0.42% 0.45% 0.45% 0.40%
1 Year -11.14% -3.93% -4.15% -4.15% -3.72%
2 Years -6.39% -4.97% -5.24% -5.24% -4.72%
3 Years -2.58% -10.49% -11.00% -11.00% -10.03%
5 Years -1.76% -0.41% -0.43% -0.43% -0.36%
8 Years
10 Years
Ermitage Moderately Conservative (Euro Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -7.48% -9.09% -9.61% -9.61% -8.63%
6 Months -13.57% 0.42% 0.45% 0.45% 0.40%
1 Year -11.11% -3.92% -4.15% -4.15% -3.70%
2 Years -6.37% -4.95% -5.24% -5.24% -4.70%
3 Years -2.57% -10.47% -11.00% -11.00% -9.99%
5 Years -2.55% -1.22% -1.30% -1.30% -1.13%
8 Years
10 Years
Ermitage Moderate (Euro Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -6.07% -7.69% -8.10% -8.10% -7.32%
6 Months -12.87% 1.32% 1.40% 1.40% 1.25%
1 Year -10.47% -3.18% -3.35% -3.35% -3.01%
2 Years -6.38% -4.95% -5.22% -5.22% -4.71%
3 Years -2.31% -10.25% -10.73% -10.73% -9.82%
5 Years -1.25% 0.12% 0.12% 0.12% 0.14%
8 Years
10 Years
Ermitage Moderately Aggressive (Euro Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -6.07% -7.70% -8.10% -8.10% -7.33%
6 Months -12.88% 1.32% 1.40% 1.40% 1.25%
1 Year -10.48% -3.18% -3.36% -3.36% -3.02%
2 Years -6.38% -4.95% -5.22% -5.22% -4.72%
3 Years -2.31% -10.26% -10.73% -10.73% -9.82%
5 Years -1.83% -0.48% -0.51% -0.51% -0.42%
8 Years
10 Years
Ermitage Aggressive (Euro Based)
Period
In Dollar Terms Individual RA Untaxed Company
3 Months -6.05% -7.67% -8.06% -8.06% -7.32%
6 Months -14.35% -0.37% -0.39% -0.39% -0.35%
1 Year -11.94% -4.76% -5.01% -5.01% -4.53%
2 Years -7.73% -6.33% -6.64% -6.64% -6.04%
3 Years -3.33% -11.23% -11.71% -11.71% -10.78%
5 Years -1.00% 0.37% 0.39% 0.39% 0.38%
8 Years
10 Years
Liberty Life Portfolios - Performance History Page 6 Of 11
7. Portfolios Returns - as at 31 January 2012
Excelsior Global Portfolios- Aggressive in Rands
Risk Profiled Funds
Excelsior Global Conservative Excelsior Global Moderately Conservative
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months -2.11% -2.23% -2.23% -1.99% -2.12% -2.28% -2.28% -1.98%
6 Months 15.28% 16.35% 16.35% 14.34% 13.55% 14.60% 14.60% 12.65%
1 Year 11.28% 12.04% 12.04% 10.60% 10.10% 10.83% 10.83% 9.46%
2 Years 6.08% 6.55% 6.55% 5.67% 7.42% 8.05% 8.05% 6.88%
3 Years -1.07% -1.00% -1.00% -1.12% 2.29% 2.61% 2.61% 2.03%
5 Years 4.63% 4.97% 4.97% 4.34% 3.65% 3.90% 3.90% 3.44%
8 Years
10 Years
Excelsior Global Moderate Excelsior Global Moderately Aggressive
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months -2.13% -2.30% -2.30% -1.98% -2.19% -2.38% -2.38% -2.03%
6 Months 12.73% 13.76% 13.76% 11.85% 11.79% 12.79% 12.79% 10.94%
1 Year 9.47% 10.19% 10.19% 8.85% 8.36% 9.02% 9.02% 7.80%
2 Years 8.00% 8.70% 8.70% 7.40% 8.11% 8.86% 8.86% 7.48%
3 Years 3.86% 4.28% 4.28% 3.51% 4.76% 5.26% 5.26% 4.34%
5 Years 2.47% 2.61% 2.61% 2.35% 1.50% 1.56% 1.56% 1.46%
8 Years
10 Years
Excelsior Global Aggressive
Period
Individual RA Untaxed Company
3 Months -2.32% -2.52% -2.52% -2.15%
6 Months 10.16% 11.10% 11.10% 9.36%
1 Year 6.30% 6.85% 6.85% 5.84%
2 Years 8.11% 8.90% 8.90% 7.45%
3 Years 6.02% 6.63% 6.63% 5.51%
5 Years -0.76% -0.89% -0.89% -0.63%
8 Years
10 Years
Other Portfolios
Liberty CPI Plus Standard Bank Money Market
Period Period
Investment* Individual RA Untaxed Company
3 Months 3 Months 1.22% 0.98% 1.41% 1.41% 1.01%
6 Months 6 Months 3.72% 1.92% 2.75% 2.75% 1.97%
1 Year 1 Year 3.76% 3.83% 5.52% 5.52% 3.95%
2 Years 2 Years 4.41% 4.27% 6.16% 6.16% 4.40%
3 Years 3 Years 3.94% 4.86% 7.00% 7.00% 5.00%
5 Years 5 Years 3.04% 5.85% 8.43% 8.45% 6.00%
8 Years 8 Years 7.32% 5.54% 7.53% 8.01% 5.65%
10 Years 10 Years 8.00% 6.01% 7.72% 8.69%
* These returns are after four fund tax and ongoing management fees.
Liberty Life Portfolios - Performance History Page 7 Of 11
8. Portfolios Returns - as at 31 January 2012
Excelsior Multi-Manager Portfolios
Risk Profiled Funds
Excelsior Multi-Manager Conservative Excelsior Multi-Manager Moderately Conservative
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 0.65% 0.67% 0.67% 0.63% 0.93% 0.95% 0.95% 0.90%
6 Months 3.63% 3.75% 3.75% 3.52% 4.68% 4.80% 4.80% 4.56%
1 Year 8.33% 8.61% 8.61% 8.07% 8.90% 9.15% 9.15% 8.66%
2 Years 11.29% 11.70% 11.70% 10.90% 12.75% 13.14% 13.14% 12.37%
3 Years 11.51% 11.95% 11.95% 11.09% 14.07% 14.54% 14.54% 13.62%
5 Years 9.20% 9.57% 9.57% 8.90% 8.97% 9.28% 9.28% 8.75%
8 Years 12.77% 13.70% 13.70% 12.17% 14.45% 15.33% 15.33% 13.83%
10 Years
Excelsior Multi-Manager Moderate Excelsior Multi-Manager Moderately Aggressive
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 1.03% 1.05% 1.05% 1.00% 0.81% 0.83% 0.83% 0.79%
6 Months 5.21% 5.33% 5.33% 5.08% 5.21% 5.34% 5.34% 5.09%
1 Year 9.01% 9.24% 9.24% 8.79% 8.30% 8.51% 8.51% 8.10%
2 Years 13.33% 13.71% 13.71% 12.97% 12.79% 13.15% 13.15% 12.44%
3 Years 15.36% 15.84% 15.84% 14.90% 15.46% 15.95% 15.95% 14.99%
5 Years 8.69% 8.95% 8.95% 8.50% 8.22% 8.47% 8.47% 8.05%
8 Years 15.28% 16.13% 16.13% 14.65% 14.84% 15.63% 15.63% 14.23%
10 Years
Excelsior Multi-Manager Aggressive
Period
Individual RA Untaxed Company
3 Months 0.99% 1.01% 1.01% 0.97%
6 Months 5.50% 5.61% 5.61% 5.39%
1 Year 7.93% 8.10% 8.10% 7.76%
2 Years 13.35% 13.67% 13.67% 13.04%
3 Years 17.45% 17.94% 17.94% 16.98%
5 Years 7.93% 8.13% 8.13% 7.81%
8 Years 16.61% 17.35% 17.35% 15.97%
10 Years
Asset Class Portfolios
Excelsior Multi-Manager Equity Fund - Aggressive Excelsior Multi-Manager Property - Moderately Aggressive
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 4.73% 4.83% 4.82% 4.65% 4.67% 5.48% 5.48% 4.90%
6 Months 8.57% 8.75% 8.75% 8.40% 7.12% 8.78% 8.78% 7.49%
1 Year 8.98% 9.17% 9.15% 8.81% 14.03% 16.99% 16.99% 14.30%
2 Years 13.03% 13.36% 13.31% 12.75% 16.98% 19.72% 19.72% 16.89%
3 Years 17.22% 17.73% 17.69% 16.80% 15.81% 18.48% 18.48% 15.66%
5 Years 5.01% 5.15% 5.14% 5.01% 10.35% 12.60% 12.60% 10.36%
8 Years 14.65% 15.24% 15.22% 14.20% 19.30% 22.31% 22.35% 18.73%
10 Years
Excelsior Multi-Manager Bond - Moderate Excelsior Multi-Manager Income - conservative
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 0.57% 0.61% 0.61% 0.53% 1.65% 2.16% 2.16% 1.61%
6 Months 1.49% 1.60% 1.60% 1.39% 3.59% 4.62% 4.62% 3.48%
1 Year 3.24% 4.12% 4.12% 3.14% 4.87% 6.67% 6.67% 4.80%
2 Years 6.26% 7.82% 7.82% 6.03% 4.97% 7.16% 7.16% 4.97%
3 Years 3.76% 5.47% 5.47% 3.78% 4.90% 7.25% 7.25% 4.94%
5 Years 4.24% 6.23% 6.23% 4.28% 5.65% 8.19% 8.19% 5.66%
8 Years 5.38% 7.60% 7.60% 5.35% 5.58% 8.02% 8.02% 5.57%
10 Years
Excelsior Multi-Manager Flexible Property - Moderate Excelsior Multi-Manager CPI Plus - Moderate
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 3.53% 3.95% 3.65% 3.42% -0.36% -0.38% -0.38% -0.35%
6 Months 6.16% 7.16% 6.35% 5.98% 3.58% 3.75% 3.75% 3.43%
1 Year 12.28% 14.54% 12.65% 11.94% 3.93% 4.11% 4.11% 3.77%
2 Years 14.36% 16.88% 14.84% 13.92% 6.86% 7.20% 7.20% 6.56%
3 Years 14.00% 16.41% 15.06% 13.58% 8.29% 8.72% 8.72% 7.90%
5 Years 9.34% 11.45% 10.67% 9.19% 6.88% 7.25% 7.25% 6.56%
8 Years
10 Years
Liberty Life Portfolios - Performance History Page 8 Of 11
9. Portfolios Returns - as at 31 January 2012
House View Portfolios
Risk Profiled Funds
LA Investec house view LA Coronation house view
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 0.78% 0.79% 0.79% 0.77% 0.14% 0.14% 0.14% 0.13%
6 Months 4.34% 4.42% 4.42% 4.27% 4.60% 4.68% 4.68% 4.53%
1 Year 7.50% 7.64% 7.64% 7.37% 7.62% 7.76% 7.76% 7.49%
2 Years 12.29% 12.54% 12.54% 12.05% 13.79% 14.07% 14.07% 13.52%
3 Years 18.51% 18.95% 18.95% 18.08% 18.31% 18.74% 18.74% 17.90%
5 Years 10.98% 11.24% 11.24% 10.81% 9.91% 10.13% 10.13% 9.78%
8 Years
10 Years
LA OMAM house view LA SIM house view
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 1.38% 1.41% 1.41% 1.35% 1.38% 1.41% 1.41% 1.35%
6 Months 5.32% 5.43% 5.43% 5.22% 5.49% 5.61% 5.61% 5.38%
1 Year 7.59% 7.74% 7.74% 7.44% 7.97% 8.14% 8.14% 7.79%
2 Years 11.82% 12.08% 12.08% 11.56% 12.83% 13.15% 13.15% 12.52%
3 Years 16.49% 16.92% 16.92% 16.08% 17.41% 17.91% 17.91% 16.93%
5 Years 8.08% 8.28% 8.28% 7.97% 6.46% 6.62% 6.62% 6.38%
8 Years
10 Years
LA RMBAM house view LA Oasis house view
Period
Individual RA Untaxed Company Individual RA Untaxed Company
3 Months 0.39% 0.40% 0.40% 0.39% 1.72% 1.78% 1.78% 1.66%
6 Months 4.51% 4.60% 4.60% 4.42% 4.70% 4.87% 4.87% 4.54%
1 Year 7.07% 7.22% 7.22% 6.93% 8.79% 9.13% 9.13% 8.47%
2 Years 10.57% 10.81% 10.81% 10.34% 13.14% 13.70% 13.70% 12.62%
3 Years 15.29% 15.69% 15.69% 14.91% 15.80% 16.56% 16.56% 15.10%
5 Years 7.70% 7.89% 7.89% 7.59% 8.98% 9.39% 9.39% 8.63%
8 Years
10 Years
Liberty Life Portfolios - Performance History Page 9 Of 11
10. Portfolios Returns - as at 31 January 2012
Frank Russell Portfolios
Frank Russell Global Bond Frank Russell US Equity
Period
In Dollar Terms Individual RA Untaxed In Dollar Terms Individual RA Untaxed
3 Months 0.90% -0.90% -0.88% -0.88% 2.08% 0.37% 0.39% 0.39%
6 Months 1.82% 19.87% 19.51% 19.51% -0.28% 15.99% 17.07% 17.07%
1 Year 7.54% 17.08% 16.98% 16.98% 1.35% 9.66% 10.27% 10.27%
2 Years 7.43% 9.23% 9.49% 9.49% 9.29% 10.93% 11.67% 11.67%
3 Years 10.53% 1.08% 3.40% 1.54% 16.11% 6.85% 7.63% 7.32%
5 Years 6.67% 8.16% 10.14% 9.03% -0.40% 0.98% 1.19% 1.12%
8 Years 4.86% 6.14% 7.43% 6.96% 2.88% 4.06% 4.47% 4.43%
10 Years 6.22% 2.47% 3.28% 3.28% 2.54% -1.09% -1.09% -1.09%
Frank Russell US Small Cap Frank Russell UK Equity
Period
In Dollar Terms Individual RA Untaxed In Dollar Terms Individual RA Untaxed
3 Months 4.28% 2.50% 2.61% 2.61% -1.54% -3.24% -3.26% -3.26%
6 Months 0.97% 17.73% 18.59% 18.59% -7.36% 8.76% 8.80% 8.80%
1 Year 4.89% 13.60% 14.24% 14.24% -5.10% 3.20% 3.33% 3.33%
2 Years 16.22% 17.95% 18.91% 18.91% 7.06% 8.79% 9.16% 9.16%
3 Years 22.21% 12.33% 13.04% 12.99% 20.36% 10.18% 12.85% 10.75%
5 Years 1.93% 3.35% 3.53% 3.53% -4.11% -2.69% -1.83% -2.16%
8 Years 4.78% 5.98% 6.33% 6.33% 3.23% 4.47% 5.46% 5.30%
10 Years 1.95% 2.05% 2.05% 4.33% 0.67% 1.22% 1.22%
Frank Russell Continental Europe Frank Russell Japan Equity
Period
In Dollar Terms Individual RA Untaxed In Dollar Terms Individual RA Untaxed
3 Months -5.01% -6.62% -6.71% -6.71% 0.55% -1.12% -1.18% -1.18%
6 Months -16.04% -1.51% -1.53% -1.53% -9.18% 5.82% 6.17% 6.17%
1 Year -16.26% -8.94% -9.06% -9.06% -9.48% -1.91% -1.91% -1.91%
2 Years -0.49% 1.16% 1.33% 1.33% 0.27% 1.86% 2.08% 2.08%
3 Years 11.27% 2.03% 3.57% 2.38% 6.15% -2.37% -2.22% -2.39%
5 Years -6.29% -4.90% -4.36% -4.52% -5.67% -4.31% -4.38% -4.41%
8 Years 2.71% 3.92% 4.72% 4.61% 1.08% 2.24% 2.52% 2.52%
10 Years 4.04% 0.38% 0.81% 0.81% 4.33% 0.69% 0.82% 0.82%
Frank Russell Pacific Basin Frank Russell Emerging Market
Period
In Dollar Terms Individual RA Untaxed In Dollar Terms Individual RA Untaxed
3 Months -0.39% -2.14% -2.13% -2.13% 1.45% -0.32% -0.33% -0.33%
6 Months -13.28% 1.95% 1.94% 1.94% -10.74% 4.79% 4.80% 4.80%
1 Year -10.33% -2.41% -2.26% -2.26% -7.58% 0.49% 0.55% 0.55%
2 Years 5.87% 7.65% 7.77% 7.77% 6.20% 7.97% 8.09% 8.09%
3 Years 26.31% 15.51% 17.13% 15.77% 28.30% 17.44% 18.48% 17.68%
5 Years 2.68% 4.16% 4.86% 4.62% 4.58% 6.08% 6.53% 6.42%
8 Years 9.29% 10.59% 11.39% 11.26% 12.68% 13.99% 14.68% 14.62%
10 Years 11.06% 7.07% 7.62% 7.62% 14.39% 10.28% 10.77% 10.77%
Lifestyle Portfolios
The Lifestyle portfolio returns are after any four-fund tax and ongoing management fees have been deducted.
Lifestyle Managed - Lifestyle Equity Performance - Lifestyle Global Managed
Lifestyle Variable - Aggressive
Period Moderately Aggressive Aggressive Portfolio - Aggressive
Individual RA Individual RA Individual RA Individual RA
3 Months 2.78% 3.12% 2.78% 3.12% 3.12% 3.27% -0.35% -0.38%
6 Months 7.87% 8.47% 7.87% 8.47% 8.23% 8.74% 8.97% 9.73%
## 1 Year 9.34% 10.10% 9.64% 10.12% 7.95% 8.58% 5.28% 5.87%
## 2 Years 9.77% 10.89% 10.25% 11.02% 9.53% 10.23% 5.77% 6.41%
## 3 Years 9.74% 11.59% 10.12% 11.98% 10.72% 11.86% 1.99% 2.33%
## 5 Years 4.70% 5.86% 4.64% 5.76% 3.89% 4.21% 0.05% 0.24%
## 8 Years 11.26% 12.61% 11.22% 12.54% 12.53% 13.32% 3.02% 3.45%
## 10 Years 10.13% 11.32% 9.99% 11.15% 11.03% 11.76% -0.23% -0.03%
Lifestyle Index ALSI 40 - Lifestyle Choice Equity - Lifestyle Trade & Financial - Lifestyle Balanced Bonus -
Period Aggressive Aggressive Aggressive Aggressive
Individual RA Individual RA Individual RA Individual RA
3 Months 4.07% 4.42% 5.20% 5.65% 1.23% 1.47%
6 Months 7.43% 7.97% 9.42% 10.19% 2.47% 2.96%
1 Year 7.22% 7.22% 9.51% 10.30% 14.43% 15.64% 5.00% 6.00%
2 Years 12.04% 12.04% 10.08% 10.89% 13.91% 15.11% 6.14% 7.14%
3 Years 17.68% 17.68% 10.90% 11.85% 17.50% 19.06% 6.29% 7.29%
5 Years 5.63% 5.63% 1.58% 1.68% 8.09% 8.79% 7.57% 8.73%
8 Years 14.87% 14.87% 10.84% 11.60% 16.37% 17.76% 10.77% 12.07%
10 Years 11.68% 11.68% 9.97% 10.69% 14.53% 15.76% 9.50% 10.61%
Lifestyle Property Portfolio - Secured Capital - Moderately
Period Moderate Conservative Equity Linked Annuity - Moderate
Individual RA Individual RA
3 Months 1.14% 1.47% 4.20%
6 Months 2.31% 2.98% 8.53%
1 Year 4.68% 6.08% 3.91% 3.91% 2.56%
2 Years 5.88% 7.51% 4.27% 4.27% 1.27%
3 Years 5.88% 7.57% 4.81% 4.81% 6.17%
5 Years 7.98% 10.03% 6.14% 6.14% 3.64%
8 Years 9.03% 10.96% 5.66% 5.66% 11.15%
10 Years 9.06% 10.84% 6.06% 6.06% 11.44%
Liberty Life Portfolios - Performance History Page 10 Of 11
11. Portfolios Returns - as at 31 January 2012
Economic Indicators
31 33 36 37 38
Indices And Exchange Rates
Period FTSE / JSE All
Inflation Rand / Dollar Rand / Euro Rand / Pound
Share
3 Months 7.61% 0.93% -3.20% -7.57% -4.58%
6 Months 9.39% 2.39% 16.51% 6.57% 10.55%
1 Year 8.73% 6.11% 8.57% 2.52% 5.66%
2 Years 13.13% 4.78% 1.13% -2.25% -0.15%
3 Years 18.40% 5.30% -8.53% -8.42% -6.58%
5 Years 6.05% 6.86% 1.45% 1.46% -3.09%
8 Years 15.41% 5.87% 1.29% -0.72%
10 Years 5.94% -3.79% -2.85%
Please Note
The above performance figures are after four-fund tax has been deducted but before any Liberty Life charges and fees for the owner types mentioned (i.e. any upfront
charges, upfront commission, and any ongoing management fees and commission.) have been deducted, with applicable distributions reinvested and on a sell-to-sell
basis. They are applicable to single premium products (where applicable) and are applicable to the amount of the contribution allocated to investment for the periods
above.
For returns relating to the Rand against the Dollar, Euro and Pound, a negative return indicates appreciation of the Rand over the other currency and a positive value,
a depreciation of the Rand over the other currency.
The information contained in this document does not constitute advice by Liberty Life. Any legal, technical or product information contained in this document is subject
to change from time to time. If there are any discrepancies between this document and the contractual terms or, where applicable, any fund rules, the latter will
prevail. Past performance cannot be relied on as an indication of future performance. Investment performance will depend on the growth in the underlying assets,
which will be influenced by inflation levels in the economy and prevailing market conditions.
Source: Liberty Life
Liberty Group Limited - an Authorised Financial Services Provider in terms of the FAIS Act (licence no 2409)
Liberty Life Portfolios - Performance History Page 11 Of 11