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Discovery Invest Funds OverviewDecember 2017
2
-
5,000
10,000
15,000
20,000
25,000
Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16
Ass
et
gro
wth
(re
ba
sed
)
Date
Competitor 1
Competitor 2
Competitor 3
Competitor 4
Competitor 5
Competitor 6
Competitor 7
Competitor 8
Competitor 9
Competitor 10
Discovery
Competitor 11
Competitor 12
DISCOVERY INVEST HAS THE FASTEST AUM GROWTH SINCE INCEPTION RELATIVE TO OTHER MANAGERS
Source: Investec Asset Management as at Q2 2017
Discovery
3
DISCOVERY FUNDS THREE-YEAR ROLLING WEIGHTED PERCENTILE PERFORMANCE RANKING
Source: Investec Asset Management as at 30 September 2017
Excellent long-term consistency across our funds
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%S
ep
-14
Oct
-14
No
v-1
4
De
c-1
4
Jan
-15
Feb
-15
Ma
r-1
5
Ap
r-1
5
Ma
y-1
5
Jun
-15
Jul-
15
Au
g-1
5
Se
p-1
5
Oct
-15
No
v-1
5
De
c-1
5
Jan
-16
Feb
-16
Ma
r-1
6
Ap
r-1
6
Ma
y-1
6
Jun
-16
Jul-
16
Au
g-1
6
Se
p-1
6
Oct
-16
No
v-1
6
De
c-1
6
Jan
-17
Feb
-17
Ma
r-1
7
Ap
r-1
7
Ma
y-1
7
Jun
-17
Jul-
17
Au
g-1
7
Se
p-1
7
3 y
ea
r ro
llin
g p
erc
en
tile
Date
4
DISCOVERY FUND PERFORMANCE OVER MEDIUM TO LONG-TERM
Source: Profile Data as at 31 October 2017
Fund 1 Year Qrt 3 Years Qrt 5 Years Qrt
Discovery Aggressive DAO FoF 13.80% 2
Discovery Moderate DAO FoF 13.18% 1
Discovery Conservative DAO FoF 8.77% 4
Discovery Balanced 15.25% 1 9.97% 1 12.45% 1
Discovery Moderate Balanced 14.76% 1 9.58% 1 11.22% 1
Discovery Cautious Balanced 13.01% 1 8.83% 1 9.41% 2
Discovery Diversified Income 7.50% 4 8.00% 2 6.92% 3
Discovery Dynamic Equity 16.69% 1 5.20% 3
Discovery Equity 17.31% 1 8.57% 1 7.07% 4
Discovery Flexible Property 11.82% 2 11.03% 2 14.03% 2
Discovery Global Real Estate Securities FoF 11.67% 3
Discovery Money Market 7.62% 4 7.05% 4 6.32% 4
Discovery Global Balanced FoF 20.28% 1 12.87% 3 16.72% 4
Discovery Global Equity FF 27.99% 2 14.55% 3 20.33% 2
Discovery Global Value Equity FF 39.57% 1 21.61% 1
Discovery Worldwide Best Ideas Fund 21.27% 1 12.13% 1 15.61% 1
Strong Aggressive and Moderate DAO
funds
Consistently excellent
Balanced funds performance
Equity funds strong over the
short-term
Excellent performance from Global Value and
Worldwide Best Ideas
5
EXCELLENT LONG-TERM PERFORMANCE OF THE DISCOVERY BALANCED FUNDS
1
1 Year 3 Years 5 Years
15.25%
9.97%
12.45%12.54%
7.47%
10.40%
Discovery Fund ASISA Sector
1 1
1 Year 3 Years 5 Years
14.76%
9.58%
11.22%11.45%
7.25%
9.47%
Discovery Fund ASISA Sector
1 1 1
1 Year 3 Years 5 Years
13.01%
8.83%9.41%9.99%
7.71%
9.04%
Discovery Fund ASISA Sector
1 1
Source: Profile Data and Morningstar as at 31 October 2017
6
EXCELLENT LONG-TERM ROLLING RETURNS OF DISCOVERY BALANCED AND DISCOVERY MODERATE BALANCED FUNDS
Quartile In 3 Years 5 Years 7 Years
1st 58% 68% 77%
2nd42% 32% 23%
3rd - - -
4th - - -
Periods above average
100% 100% 100%
Quartile In 3 Years 5 Years
1st 100% 100%
2nd- -
3rd- -
4th - -
Periods above average
100% 100%
Discovery Balanced fund had the 3rd highest flows in its entire sector over 2017 Q2
Discovery Moderate Balanced fund had
the 2nd highest flows in its entire sector over 2017 Q2
Source: Investec Asset Management as at 30 September 2017
7
95
100
105
110
115
120
Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17
Un
it P
rice
Month
JSE All Share Index Discovery Equity Fund
DISCOVERY EQUITY FUND CREATES ALPHA OVER THE PAST YEAR
The Discovery Equity Fund out-performed the JSE All Share 82% of the time over the past year
Source: Profile Data as at 31 October 2017
Ability to out-perform during a bull market
Ability to be defensive during a bear market,
hence preserving capital
8
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
TRDF 2010 TRDF 2015 TRDF 2020 TRDF 2025 TRDF 2030 TRDF 2035 TRDF 2040 TRDF 2045 TRDF 2050
Portfolio Average of Comparable ASISA Sector
TARGET RETIREMENT DATE FUNDS ONE-YEAR PERFORMANCE
1 1 1
All the funds are also top quartile over the past three months
Source: Profile Data as at 31 October 2017, the comparable ASISA sectors are the SA Multi-Asset Low Equity sector for TRDF 2010,2015,2020, the SA Multi-Asset Medium Equity sector for TRDF 2025, 2030, 2035 and the SA Multi-Asset High Equity sector for TRDF 2040, 2045, 2050
1 1 1 1 1 1
9
Discovery Global Equity Feeder Fund
20.33%
CROCI UK
11.36%
CROCI Europe 22.25% CROCI
Japan 22.82%
DISCOVERY GLOBAL FUNDS FIVE-YEAR PERFORMANCE RETURNS
Discovery Global Balanced Fund of Funds
16.72%
Fund 6 Month Qrt 1 Year Qrt 3 Year Qrt 5 Year Qrt
Discovery Global Value Equity FF 1 1 1 1
Discovery Worldwide Best Ideas Fund 1 1 1 1
Discovery Global Value
Equity FF ranked 1st over
1,3 years out of all the funds in the entire
ASISA industry
Source: Profile Data as at 31 October 2017
10
0
50
100
150
200
250
300
No
v-0
7
Feb
-08
Ma
y-0
8
Au
g-0
8
No
v-0
8
Feb
-09
Ma
y-0
9
Au
g-0
9
No
v-0
9
Feb
-10
Ma
y-1
0
Au
g-1
0
No
v-1
0
Feb
-11
Ma
y-1
1
Au
g-1
1
No
v-1
1
Feb
-12
Ma
y-1
2
Au
g-1
2
No
v-1
2
Feb
-13
Ma
y-1
3
Au
g-1
3
No
v-1
3
Feb
-14
Ma
y-1
4
Au
g-1
4
No
v-1
4
Feb
-15
Ma
y-1
5
Au
g-1
5
No
v-1
5
Feb
-16
Ma
y-1
6
Au
g-1
6
No
v-1
6
Feb
-17
Ma
y-1
7
Au
g-1
7
Un
it p
rice
Date
Price Guarantee
ESCALATOR FUNDS PROVIDE STRONG UPSIDE WHILE LOCKING IN RETURNS
80% guarantee
9.27% return since inception
Source: Profile Data as at 31 October 2017
Thank you