Dear valued NFMW member,
We are pleased to share with you the NFMW Integrated Report for the period 1 July 2023 to 30 June 2024.
This report provides a comprehensive overview of the Fund’s activities, including our performance, strategy, governance, and operations for the period under review. It highlights the Fund’s ongoing commitment to enhancing the financial well-being of our members while positively impacting your families, communities, and broader society.
Guided by this year’s theme, Impacting Lives and Empowering Futures, the report reflects on how our strategies and initiatives have driven meaningful change. From delivering consistent investment returns to advancing our impact investing program, we continue to embrace a holistic approach to wellness—financial, psychological, and beyond.
We invite you to explore the report and discover how we are making a difference in your life while building a sustainable future for all our members. We also share the key highlights of the year that have once again positioned the NFMW as a benchmark of excellence in Local Government.
On behalf of the NFMW Board of Trustees and staff members, we extend our heartfelt gratitude for your continued trust and unwavering support of the Fund.
Yours sincerely
Dr Leslie Ndawana
Principal Executive Officer
LATEST INVESTMENT PORTFOLIO RETURNS
The NFMW’s excellent short and long-term investment portfolio performances as at 31 October 2024 are provided below.
| 3 month | 1 year | 3 years Ann | 5 years Ann | 10 years Ann | |
|---|---|---|---|---|---|
| Shari’ah Portfolio | 1,58% | 13,90% | 4,34% | 8,63% | 6,94% |
| Capital Protector | 2,58% | 10,89% | 8,16% | 6,95% | 7,38% |
| Stable Growth | 3,63% | 21,91% | 10,76% | 8,30% | 9,59% |
| Capital Growth | 2,33% | 22,35% | 9,72% | 9,71% | 8,74% |
| Aggressive Growth | 2,14% | 22,30% | 9,55% | 9,98% | 8,66% |
| CPI (inflation) | 1,04% | 3,81% | 5,76% | 5,10% | 5,01% |
NFMW OFFICE CLOSURE FOR THE FESTIVE PERIOD
The offices of the NFMW will be closed from Monday, 23 December 2024, and will re-open on Monday, 6 January 2025.
During this period:
- Funeral claims: Please email your submissions, including all required supporting documentation to exits@nationalfund.co.za
- Two-pot savings withdrawal applications: These can be submitted online at sanlamonline.co.za/login or via the Sanlam MyPortfolio app.
Please note: You must be registered for online access, and the Fund must have your banking details on record to enable you to proceed with the online savings withdrawal application.
We wish you a safe and restful holiday season!
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