4 trustees, two of whom are independent

The default investment strategy is as follows:
• For members more than three years to normal retirement age, the Growth Portfolio;
• Once a member is within three years to normal retirement age, the member’s fund credit will be phased into to the Protection Portfolio. This transition will take place over a period of three years, with one third of the fund credit being switched from the Growth Portfolio to the Protection Portfolio on an annual basis.
The fund’s default strategy portfolios invest in a range of local and foreign asset classes, including equities, listed property, bonds and cash.

AF Investments Conserver
AF Investments Performer
AF Investments Shari'ah High Growth
AF Investments Stable Focus Combined
Allan Gray Global Balanced
Allan Gray Stable
Anchor Indexed Growth
Anchor Indexed Moderate
Anchor Indexed Stable
Aylett Balanced
Camissa Balanced
Camissa Stable
Centaur Balanced
Coronation Balanced Defensive
Coronation Global Houseview
Coronation Managed
Coronation Strategic Income
Fairtree Select Cautious
High Street Balanced
M&G Global Balanced
Nedgroup Investments Core Diversified
Nedgroup Investments Core Guarded
Nedgroup Investments Stable
Ninety One Balanced
Ninety One Cautious Managed
Ninety One Managed
Ninety One Opportunity
Old Mutual Profile Balanced
Old Mutual Multi-Managers Managed
PSG Balanced
Sanlam Stable Bonus (Acumen Default Protection)
Select BCI Balanced (Fairtree)

Alex Forbes Life
Capital Alliance
Discovery
Hollard
Fedgroup
Liberty
Momentum
Old Mutual
Sanlam
Triarc
TSA