Dear Client,

LETTER OF INTRODUCTION AND DISCLOSURES

In complying with the FAIS legislation, I would like to bring the following information to your attention:

I, Anthonie Michael Meyer, represent Capvest Wealth Management (Pty) Ltd, registration number 2009/021475/07. We are an authorised financial services provider licensed with the Financial Services Board (FSCA), license number 41026. I am a director and shareholder of Capvest Wealth Management. I am an experienced wealth manager, specialising in managing the wealth of high net worth clients. I have in excess of 22 years of experience in the high net worth/private banking environment.

The following wealth managers are licensed to provide clients with advice:

• AM Meyer
• SF Smit
• Y Du Toit
• GJ Flint

The wealth managers represent the following company as employees:

• Capvest Wealth Management (Pty) Ltd
• The registered name of the company is Capvest Wealth Management (Pty) Ltd, registration number 2009/021475/07
• We are an independent financial advisory business and not aligned with any bank, insurance company or investment house

The director/s of Capvest Wealth Management (Pty) Ltd is:

• AM Meyer

The shareholder/s of Capvest Wealth Management (Pty) Ltd is:

• AM Meyer

Our contact details are as follows:

Business Physical Address: 3 Lourensford Road, Stuarts Hill, Somerset West, 7130
Office Number: 021 203 5468
Admin Office: 011 954 0421 / 021 203 5468 / 012 259 3856
Cell Number: 082 808 0486
Email address: [email protected]

Our assistants are:

• Stephanie Clark ([email protected]) – Johannesburg Office – 011 954 0421
• Storm Pieterse ([email protected]) – Somerset West Office – 021 203 5468

Our administrators and technical support team is:

• Stephanie Clark ([email protected]) – 011 954 0421 (Johannesburg)
• Storm Pieterse ([email protected])– 021 203 5468 (Somerset West)
• Santie Botha ([email protected]) – 012 259 3856 (Pretoria)
• Michael Botha ([email protected]) – 012 259 3856 (Johannesburg)

I have been providing financial advice and intermediary services since 2002 in the following areas:

• Financial planning:

• • Estate planning, wills and trusts
  • Retirement planning
  • Investment planning
  • I do not specialise in death and disability planning, but can assist in identifying needs and obtaining solutions in this regard
  • General financial planning

• Investment Planning

A. We are authorised to provide advice and intermediary services in the following categories:

	CATEGORY DESCRIPTION	ADVICE	INTERMEDIARY
1.3	Long-term Insurance subcategory B1	x	x
1.20	Long-term Insurance subcategory B2	x	x
1.21	Long-term Insurance subcategory B2-A	x	x
1.22	Long-term Insurance subcategory B1-A	x	x
1.24	Structured deposits	x	x
1.25	Securities and instruments	x	x
1.26	Participatory interest in a hedge fund	x	x
1.4	Long-term Insurance subcategory C	x	x
1.5	Retail pension benefits	x	x
1.7	Pension funds benefits	x	x
1.8	Shares	x	x
1.9	Money market instruments	x	x
1.10	Debentures and securitised debt	x	x
1.11	Warrants, certificates and other instruments	x	x
1.12	Bonds	x	x
1.13	Derivative instruments	x	x
1.14	Participatory interests in a collective investment scheme	x	x
1.15	Forex investment	x	x
1.17	Long-term Deposits	x	x
1.18	Short-term Deposits	x	x

B. Class of business license:
Long-term Insurance
Pension-Fund Benefits
Short-term and Long-term Deposits
Investments
Forex Investments

A copy of the license is available for inspection on request.

We have written authority to market the products of the following product suppliers and I am accredited to market their products:

A. Investment Products:

1. 36One Asset Management
2. Allan Gray
3. Anchor Capital
4. Anglorand
5. Ashburton
6. Aylett Fund Managers
7. Baillie Gifford Investment Managers
8. Bateleur Capital
9. BlackRock Investment Management
10. BlueAlpha Investment Management
11. Boutique Collective Investments
12. Capital International
13. Centaur Asset Management
14. Contrarius Asset Management
15. Coronation Asset Management
16. Fairtree Asset Management
17. Foord Asset Management
18. Franklin Templeton
19. Fundsmith Asset Management
20. Glacier (Sanlam)
21. Goldman Sacs
22. H4 Collective Investments
23. Investec Corporate Management Services
24. Investec Securities
25. Ishares
26. JP Morgan Asset Management
27. Jupiter Asset Management
28. Kagiso Asset Management
29. Laurium Capital Management
30. Lindsell Train
31. Lloyds Bank
32. Long Beach Investments
33. M&G
34. Merchant West
35. MI-Plan Asset Management
36. Mitton Optimal
37. Momentum Wealth
38. Momentum Wealth International
39. Mundane Asset Management
40. Nedbank Private Wealth – Geber se goud?
41. Nedgroup Investments
42. Ninety One (Investec Asset Management)
43. Northstar Asset Management
44. Odyssey Capital Asset Management
45. Old Mutual International
46. Old Mutual Wealth
47. Old Mutual Wealth Private Client Securities
48. Orbis
49. PPS Investments
50. Prescient
51. Ranmore Fund Management
52. Reitway Global
53. Rezco Asset Management
54. Robeco International Asset Management
55. Saffron Wealth Fund Management
56. Sands Capital
57. Sanlam
58. Sarasin Asset Management
59. Satrix
60. Schroder Asset Management
61. Senqu Capital
62. Sesfikile Capital
63. Stanlib
64. Stonehage Flemming Investment Management
65. Sygnia
66. T. Rowe Price

B. Life Assurance (New Business and administration):

1. Discovery
2. Liberty Life
3. Metropolitan
4. Momentum
5. Old Mutual
6. Sanlam

C. We invest in the following Hedge Funds:

I do not directly hold more than 10% of an insurer’s shares.

I am remunerated for my services by:

1. An advisory fee is levied as a percentage of investment assets under management
2. Fee for the drafting of wills, contracts, trusts, trust amendments, adding/removing trustees and estate administration
3. Commission on life assurance products
4. Commission on forex transactions

All fees charged to the client over and above the normal commission paid by the product supplier must be disclosed to the client at all times / prior to placement of the business or receipt of such commission.

We have Professional Indemnity Insurance with Marsh (Pty) Ltd, (in conjunction with Manwood Underwriting Managers (Pty) Ltd), for the amount of R15 million.

We may from time to time receive non-cash incentives from product suppliers or indirect consideration from other persons. Our practice protocol is to refuse to accept these incentives. Please see attached Policy of Conflict of Interest Annexure for further information.

We wish to advise that all information obtained or acquired about you shall remain confidential unless you provide written consent, or unless I am required by any law to disclose such information.  Please see attached Privacy Policy Annexure for more information.

We have a complaints process in place, please see attached Complaints Resolution Annexure for more information.

Compliance with the FAIS Act is monitored on a quarterly basis by Masthead Distribution Services (Pty) Ltd, a Compliance Practice approved by the Financial Services Board. Their postal address is PO Box 856, Howard Place, 7450. Their contact number is (011) 602 0200 and their email address is [email protected]. The relevant compliance officer is Tracey Wright (073) 198 0713.

Please note that in accordance with legislation we keep an updated disclosure register. This register informs you, our client, of all financial and ownership interests that I/ we may become entitled to and lists the business relationships that I have with the product suppliers. This document ensures transparency in our dealings with our clients and is available for inspection.

In the event that you are dissatisfied with any aspect of our service, you should address your complaint in writing to me at the above address.

Yours faithfully,

Anton Meyer
Wealth Manager
Telephone:    082 808 0486
Email:            [email protected]