Bringing together the best people and processes

NEDBANK PRIVATE WEALTH RESEARCH AND FUND MANAGEMENT TEAM

NEDBANK PRIVATE WEALTH RESEARCH AND FUND MANAGEMENT TEAM

Nedbank Private Wealth has a proven track record of delivering consistent investment performance for its clients. We have achieved this through a rigorous and defined investment approach and processes supported by our dedicated Research and Fund Management team. This unique competitive advantage adds institutional asset management depth and support to client relationship managers, portfolio managers and stockbrokers, who invest your money.

You will benefit from over 225 years of collective investment experience and training from this team alone, which supports over 70 portfolio managers, stockbrokers and client relationship managers nationally, all dedicated to meeting your investment needs.

A brief profile of each member of the Nedbank Private Wealth Research and Fund Management team is provided below.

PETER WILLEHEAD OF RESEARCH

BACKGROUNDPeter heads up the research and investment process for the Nedbank Private Wealth Investment Management team. He joined Nedbank Private Wealth at the beginning of 2005 after completing his studies at the University of Stellenbosch. His responsibilities include research and analysis of financial and industrial shares. Peter also has fixed-income responsibilities – and he covers the South African preference share market and manages the Nedgroup Investments Private Wealth Preference Share Fund.INVESTMENT EXPERIENCE AND QUALIFICATIONS 10 years

BCom (Actuarial Science), BCom (Hons), CFA.

LEITH WIMBLEPORTFOLIO MANAGER

BACKGROUNDLeith is the fund manager of the Nedgroup Investments Private Wealth Core Equity Fund, and he also oversees the Nedgroup Private Wealth Stockbrokers Global Ideas equity model. He holds an MCom (Tax) degree from the University of Johannesburg, an honours degree in economics, awarded cum laude, from the University of KwaZulu-Natal and a Bachelor of Business Science degree from the University of Cape Town. After completing his traineeship with KPMG, Leith worked as an equity analyst at UBS, London. He joined Vunani Securities, based in Cape Town, as a sell-side equity research analyst before joining Nedbank Private Wealth. INVESTMENT EXPERIENCE AND QUALIFICATIONS11 yearsBBusSc (Finance), MCom (Tax), CA(SA), CFA.

MADALET SESSIONSPORTFOLIO MANAGER

BACKGROUNDAfter graduating with a first-class honours degree from the University of Cape Town, Madalet started working at Investec Securities as research assistant to one of the top-rated sell-side strategists. While working at Investec she completed her master’s degree, in which she investigated the effect of speculation on commodity prices. Madalet left Investec Securities to join Element Investment Managers as a buy-side analyst. She joined Nedbank Private Wealth in April 2010 and is responsible for economic and fixed-income research that informs the asset allocation decision. Madalet also manages the Nedgroup Investments Private Wealth Bond and Property Funds.INVESTMENT EXPERIENCE AND QUALIFICATIONSEight yearsMCom (Applied Economics) (UCT), CFA.

JASON BINNEMANPORTFOLIO MANAGER

BACKGROUNDJason has been the fund manager of the Nedgroup Investments Private Wealth Small- and Mid-cap Equity Fund since April 2010. In addition, he is responsible for analysing industrial shares, specifically the retail and healthcare sectors. Past sector coverage includes industrial machinery, packaging, travel and leisure, education and staffing. This broad share knowledge provides a good foundation for the management of the fund. Before joining Nedbank Private Wealth in 2004, Jason worked at Old Mutual and FTNIB. He also chairs the Nedbank Private Wealth National Strategic Investment Committee meetings for both asset allocation and equity model construction.INVESTMENT EXPERIENCE AND QUALIFICATIONS15 yearsBBusSc (Finance), MCom (Financial Management).

SHAHEEDA DAVIDSEQUITY ANALYST

BACKGROUNDAfter completing her articles at Mazars Moores Rowland (Chartered Accountants), Shaheeda joined the finance department at Woolworths. She subsequently left the company to pursue a career as an analyst, working and training at HSBC Securities, First South Securities and finally Citigroup Smith Barney. During her sell-side career Shaheeda formed part of the top-ranked banks’ equity research team (Financial Mail survey). They achieved the number one rating for five consecutive years.INVESTMENT EXPERIENCE AND QUALIFICATIONS14 yearsBCompt (Hons), CA(SA).

ZAEEM KUMANDANJUNIOR EQUITY ANALYST

BACKGROUNDZaeem graduated in 2010 with a Business Science Finance degree from the University of Cape Town and his degree was awarded with first-class honours. In 2011 Zaeem was awarded a Postgraduate Diploma in Accounting (UCT). Subsequently, he joined PwC’s Assurance division, with a specific focus on insurance and asset management. He joined Nedbank Private Wealth in 2015 after completing his traineeship at PwC and qualifying as a chartered accountant.INVESTMENT QUALIFICATIONSBBusSc (Finance) (Hons), Postgraduate Diploma in Accounting,

CA(SA).

ZAMA NKALANGAEQUITY ANALYST

BACKGROUNDPrior to joining Nedbank Private Wealth in 2010, Zama worked as an analyst for Kagiso Asset Management in Cape Town, where he was responsible for performance analysis and trade allocation processes. Zama holds a BCom honours degree in Financial Analysis and Portfolio Management (FAPM) from the University of Cape Town, and he is currently a candidate in the CFA programme. At an undergraduate level he majored in Accounting and Economics. INVESTMENT EXPERIENCE AND QUALIFICATIONS Six years BCom (FAPM) (Hons), CFA level II candidate.

BEWYN PETERSENDEALER

BACKGROUNDBewyn started his career in the investment industry when he joined BoE Asset Management as a foreign investment administrator in 1998 after fulfilling various roles in an eight-year stint in banking, during which he specialised in foreign exchange. Subsequently, he was appointed as an account manager responsible for alternative investments, encompassing securities lending and hedge funds at BoE. Bewyn was appointed as a securities dealer in 2000. After spending a short time as a sell-side equity dealer, Bewyn joined BoE Private Clients as a dealer in 2004.INVESTMENT EXPERIENCE AND QUALIFICATIONS 20 yearsJSE Traders Exam, Safex Registered Persons Exam.

NANDI QUBEKAEQUITY ANALYST

BACKGROUNDAfter completing her undergraduate studies, Nandi joined Investec Private Bank as an internal consultant while completing her honours degree. She went on to work as a trainee research analyst covering small- and mid-cap equities at Momentum Asset Management before joining Nedbank Private Wealth as an equity analyst in February 2013.INVESTMENT EXPERIENCE AND QUALIFICATIONSTwo yearsBCom (Investment Management) (Hons).

SHALA RAMOKOLO PROPERTY ANALYST

BACKGROUNDBefore joining Nedbank Private Wealth in 2012, Shala worked for Sanlam Investment Management as a property analyst focusing primarily on the South African listed-property sector. She holds a BSc honours degree in property studies from the University of Cape Town.INVESTMENT EXPERIENCE AND QUALIFICATIONSSeven years BSc (Property Studies) (Hons).

BRUCE RICHARDSDEALER

BACKGROUNDBruce started his career in finance in 1996 as a unit trust administrator for Syfrets before spending two years in London, working in portfolio trading for Merrill Lynch International. He returned to South Africa and Nedbank Group in 1999 and became involved with trading within the asset management division, Franklin Templeton NIB. Bruce spent a short time as a fixed-income dealer and subsequently moved to the equity and derivative desk in 2001. He joined BoE Private Clients as a dealer in 2003.INVESTMENT EXPERIENCE AND QUALIFICATIONS 18 years BCom (UCT), Safex.

LINDSAY ROOTSEQUITY ANALYST

BACKGROUNDBefore joining Nedbank Private Wealth, Lindsay headed up the Tax team at SIM, focusing on investments suitable for tax-sensitive portfolios. Lindsay began his career with Mathison & Hollidge Stockbrokers, where he trained as an equity analyst and was one of the founding members of the Private Client department. He later moved to Absa, where he managed the pension fund and began specialising in tactical asset allocation. On relocating to Cape Town, he managed the Southern Balanced Unit Trust, winning the Personal Finance ‘Raging Bull’ award in 1999 for the most consistent performance over three years.INVESTMENT EXPERIENCE AND QUALIFICATIONS 25 yearsBCom (Law), JSE Membership exams.

MARK RULEEQUITY ANALYST

BACKGROUNDMark left a senior vice-president position at Alliance Bernstein to join Nedbank Private Wealth in 2007. Before that he worked as an industrial analyst with Société Générale Frankel Pollak and Absa Securities and was FM-rated. In addition to his extensive experience in analysing the local and international resource sector, Mark has also worked in the building and construction industry and as a senior consultant with Chase Management Consultants.INVESTMENT EXPERIENCE AND QUALIFICATIONS20 years

BSc (Building), MBA.

VERONICA THEUNISSENOPERATIONS AND COMMUNICATIONS SPECIALIST

BACKGROUNDVeronica applies her communication skills to both the client- and staff-orientated information flows of Nedbank Private Wealth. Before assuming her current position, Veronica assisted the Chief Investment Officer and the Head of Acquisition. She worked as a professional assistant to the FTNIB Private Client Asset Management team, assisting the CEO as well as the team of portfolio managers. Her focus is on preparing client reports and presentations, disseminating all of the research reports, organising functions, channelling client enquiries and updating the website.INVESTMENT EXPERIENCE 17 years

RYNO TRUTEREQUITY ANALYST

BACKGROUNDBefore joining Nedbank Private Wealth in 2012, Ryno worked as an equity analyst at Renaissance Capital, where he was part of the team responsible for research coverage of the beverages, tobacco and luxury goods sectors. He has also completed a graduate programme at Bank of America Merrill Lynch and has a BCom honours degree from the University of Stellenbosch.INVESTMENT EXPERIENCE AND QUALIFICATIONSFive yearsBCom (Investment Management) (Hons).

Nedg r oup P r i v a t e Wea l t h S t o c kb r o ke r s ( P t y ) L t d ( Reg i s t r a t i o n Numbe r 1996 /015589 /07 ) . A membe r o f JSE Equ i t y, E qu i t y De r i v a t i v e s , Cu r r enc y De r i v a t i v e s , I n t e r e s t Ra t e D e r i v a t i v e s and Commod i t y De r i v a t i v e s Ma r ke t s , j u r i s t i c r e p r e sen t a t i v e o f Nedg r oup P r i v a t e Wea l t h ( P t y ) L t d an au t ho r i s ed f i n anc i a l s e r v i c e s p r o v i d e r ( FSP 828 ) and r eg i s t e r ed c r ed i t p r o v i d e r

i n t e rms o f t h e Na t i o na l C r ed i t A c t ( NCR Reg i s t r a t i o n No NCRCP59 ) .

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