ANCHOR GROUP LIMITED - Disclosure of assets under management and advice

Disclosure of assets under management and advice

ANCHOR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/005413/06)
JSE share code: ACG ISIN: ZAE000193389
(“Anchor” or “the company” or “the group”)


DISCLOSURE OF ASSETS UNDER MANAGEMENT AND ADVICE


The directors of Anchor disclose the following group-wide assets under management and advice at
30 September 2017:

September 2017 reconciliation of assets under management and advice
                                                             YTD     End September              End December
                                           YTD            growth              2017                      2016
                                        Growth            (R’bn)            (R’bn)                    (R’bn)
Assets under management                   8.8%               3.0              36.7                      33.7
Assets under advice                      32.2%               3.9              16.0                      12.1
Total                                    15.1%               6.9              52.7                      45.8

Anchor continued to grow its assets under management and advice in the third quarter of 2017. Total assets
at 30 September 2017 were R52.7 billion, up R6.9 billion (+15.1%) year to date. Anchor broke through
R50 billion of total assets in the quarter ended 30 September 2017, after just over five years of operation.

All of the growth in assets in 2017 is of an organic nature. For the first nine months of the year, the JSE Swix
was up 7.4%, the Stefi was up 5.7% and the Rand/USD exchange rate strengthened by 1.0%. Anchor does not
own 100% of all of its subsidiaries. Anchor’s attributable share of assets under management (excluding
minority interests) was R30.6 billion, a 10.8% increase on the 31 December 2016 total of R27.6 billion. Asset
growth in the period was constrained by low confidence levels in South Africa and characterised by increased
flows from local to offshore portfolios. Increasing brand presence, sustained positive investment performance
and intensive sales initiatives have resulted in an encouraging new asset pipeline.

19 October 2017


Designated Advisor
Java Capital

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