Dynamic Wealth Large Cap Portfolio Oct 2009

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					Dynamic Wealth: Investment Summary

Dynamic Wealth

Large Cap Portfolio
31 October 2009 Dynamic Wealth is an Authorised Financial Services Provider

PORTFOLIO DETAILS
Investment Philosophy
The portfolio is designed to provide investors with superior returns over the medium term and outperform the JSE Overall Index over a rolling three-year period. The portfolio consists of leading resource, industrial and financial equities from the JSE Top 40 listing, with the best growth potential for the following year. Investor funds are then distributed between the selected shares and actively managed. Where possible, we also include ‘rand-hedge’ shares in portfolios to safeguard the investorsagainst socio-political variables and foreign exchange fluctuations. This combination ensures a low-risk portfolio with high growth potential.

PORTFOLIO STATISTICS
Name: Domestic/Offshore: Portfolio/Fund: Manager: Inception Date: Pricing: Reporting: Income Distribution Frequency: Date of Income Declaration: Date of Income Payment: Valuation Time: Transaction Time: Phasing-in Period: Large Cap Domestic Portfolio Ludwig Harmse 01/08/2006 Daily Quarterly N/A N/A N/A End of day N/A N/A N/A N/A

Objective
The objective of this portfolio is to outperform the JSE Overall Index on a rolling 3 year period, but through the lowest possible risk-exposure.

Investor Profile
Investors seeking capital growth over the medium term

Benchmark
JSE Top 40 Index

HOLDINGS AS AT 31 OCTEMBER 2009
1. 2. 3. 4. 5. Anglo Billiton Richemont Implats Sasol Local Shares Cash Total
Year Jan Feb Mar

Notice Period:

6. SA-Brews 7. Bidvest 8. Naspers 9. Goldfields 10. Firstrand

11. MTN Group 12. Anglogold 13. Remgro 14. Harmony 15. Stanbank 97.74% 2.26% 100%
Apr May

16. Sanlam 17. Investec Ltd 18. Investec Plc 19. Steinhoff

Minimum Return: Minimum Investment Single: R50,000 Monthly: R500* All incl. VAT
* Only if minimum amount is paid

FEES
Initial Fee Maximum of 5.7% Management Fee 1.71% per annum Achievement Fee 17.1% of outperformance

ASSET ALLOCATION

MONTHLY PERFORMANCE RETURNS
Jun Jul Aug Sep Oct Nov Dec

Compound Year to Date

2004 2005 2006 2007 2008 2009

2.66% 1.01% 10.64% 0.57% -2.37% -6.98%

-0.79% 4.60% -1.99% 0.52% 7.67% -9.98%

-0.54% 0.17% 6.14% 4.98% -2.64% 1.08%

-3.82% -5.33% 2.39% 0.49% 0.70%

1.55% 9.84% -2.94% -0.41% 1.75% 10.71%

-3.14% 2.32% 5.81% -0.99% -3.42% -4.97%

1.98% 6.53% -1.30% -1.02% -10.06% 6.83%

9.68% 2.11% 4.90% 2.05% 0.64% 3.47%

5.40% 8.88% 1.83% 3.44% -18.42% -2.50%

-1.47% -2.27% 3.89% 4.94% -8.18% 6.63%

6.68% 2.98% 2.67% -2.82% 0.03%

1.89% 8.98% 5.40% -5.07% -2.31%

20.99% 46.27% 43.45% 6.37% -32.90% 10.13%

7.62%

SECTORS
General Industrials Mobile 7% Life Insurance 1% Media 3% Oil & Gas 8% Banking 9% 7% Household Goods 1% Year Cash 2% Gold Mining 9% Beverages 9% Platinum Mining 5% General Mining 39%

PORTFOLIO CHARACTERISTICS
Portfolio JSE Top 40 Difference

Telecommunication

2005 2006 2007 2008 2009

46.27% 43.45% 6.37% -32.90% 10.13%

44.12% 37.53% 16.11% -25.93% 21.66%

2.15% 5.92% -9.74% -6.97% -11.53%

TERMS AND CONDITIONS
The above portfolio performance is calculated on a NAV to NAV basis and does not take any initial fees into account. Actual investment performance will differ, based on the initial fees applicable, the actual investment date and the date of reinvestment of income. Past performance is not necessarily an indication of future results.Dynamic Wealth Management

COMPARATIVE RETURNS
1100% 1000% 900% 800% 700% 600% 500% 400% 300% 200% 100% 0%
Portfolio Top 40

(Pty) Ltd. is an authorised Financial Services Provider, P.O. Box 11657, Erasmuskloof, 0048. Registration no. 1997/0144717/07, FSP no. 559. This document has been prepared for information only and is only for use in those jurisdictions in which Dynamic Wealth Management may market its business. It is not a solicitation, or an offer, to buy or sell any security. The information on which parts of the document are based is deemed to be reliable, but we have not independently verified such information and we do not guarantee its accuracy or completeness. The value of participatory interests may go up or down and past performance is not necessarily a guide to future performance. The manager reserves the right to at his discretion, remunerate the FA from the performance fee. The Financial Advisor (FA) must disclose any such fees to the investor. Figures quoted are net of fees for the period ending 30 September 2007. Net Asset Value (NAV) is the total market value of all assets in the unit portfolio, including any income accruals and less any deductible expenses such as

Jan-… Apr-99 Jul-99 Oct-99 Jan-… Apr-00 Jul-00 Oct-00 Jan-… Apr-01 Jul-01 Oct-01 Jan-… Apr-02 Jul-02 Oct-02 Jan-… Apr-03 Jul-03 Oct-03 Jan-… Apr-04 Jul-04 Oct-04 Jan-… Apr-05 Jul-05 Oct-05 Jan-… Apr-06 Jul-06 Oct-06 Jan-… Apr-07 Jul-07 Oct-07 Jan-… Apr-08 Jul-08 Oct-08 Jan-… Apr-09 Jul-09 Oct-09

audit fees, Marketable Securities Tax (MST), brokerage and service fees divided by the number of units in issue.A schedule of fees and charges and maximum commissions is available on request from Dynamic Wealth Management. If you have any further queries or complaints, please contact Dynamic Wealth Management at telephone (012) 484 2000, fax (012) 484 2001/2, P.O. Box 11657, Erasmuskloof, or e-mail compliance@dynamic.co.za. For your information, the FAIS Ombudsman provides an independent and objective advisory service. Should you not be satisfied with the outcome of a complaint handled by Dynamic Wealth Management, please write to: The Ombudsman, P.O. Box 74571, Lynnwood Ridge, 0040, telephone (012) 470 9080/99, fax (012) 348 3447, or e-mail info@faisombud.co.za.

SUBSCRIPTION DETAILS
Subscription Details: Contact: Dynamic Wealth (PTY) Ltd Tel: +27 (0) 12 484 2000 Fax: +27 (0) 12 484 2001 www.dynamic.co.za


				
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