CO-OPTRUST INVESTMENT

SERVICES LIMITEDA subsidiary of Co-operative bank

UMBRELLA FUND. ASSET MANAGEMENT . UNIT TRUST . PROPERTY

OWNERSHIPCo-optrust Investment Services Limited (CISL) is a wholly owned subsidiary of The Co-operative Bank of Kenya Limited and has no foreign shareholding.

HISTORYCo-optrust Investment Services Limited was incorporated in 1998 to undertake Asset Management Services.

OUR CORE DUTYCISL is principally involved in investment management (or

fund management) an activity which is the process of managing a portfolio of securities primarily for Clients in a

FIDUCIARY manner.

OUR BACKGROUND

S O T

300 M

We Pride in a strong

capital base worth

KES 300

MILLION

CAPITAL BASE

182 B

We are currently

managing

KES 182

BILLIONIn Assets.

ASSET UNDER

MGT

1st

We are the

Biggest Locally owned fund

manager.

LOCAL

MANAGERS

190

Yrs.

The Team prides in

190 YearsCombined industry

experience.

EXPIRIENCE

About Us: Brief

We manage accounts under segregated mandates (standalone); we invest onbehalf of the clients directly under custodial relationship, which means the clientremains the absolute owner of the investments.

Over 22 Years experience in Fund Management.

CISL invests funds for retirement benefits schemes set

up employers for the purpose providing members with

retirement income or Lump sums upon retirement or

cessation of service with the employer

Retirement benefits Occupational schemes

investment that targets small pension schemes

who will benefit from the pooling of funds and

cheaper administrative cost .

Retirement Benefits ‘umbrella’ fund

Property as a key diversification asset in fund

management, CISL seeks to unlock potential on both

prospective and existing property assets through asset

allocation and selection of opportunities in line with the

clients needs

Property Advisory

Investment of funds for small and

medium corporate institutions

.

Wealth Management Plans

These are group savings arrangements

targeting small savers. The scheme could

either be unitized or a mutual fund..

Collective Investment Schemes

Trusts are funds set up by individuals or corporate

organizations for the benefit of surviving beneficiaries

upon their demise

Trust Funds

CORPORATES

INDIVIDUALS

About Us: Services Summary

AGRICULTURE

1% BANKING

12%COMMUNICATION

1%

EDUCATION

7%

ENERGY

5%

FINANCIALS

1%

GOVERNMENT

35%HEALTH CARE

4%

INSURANCE

0%

MANUFACTURING

0%

NGO

0%

SACCO

2%

TRANSPORT

32%

PORTFOLIO DISTRIBUTION

35 35 37.3

98.2

121.6

179.4

2016 2017 2018 2019 2020 JUN-21

AUM

PORTFOLIO

About Us: Clientele

Client Profile

• Pensions, individual

and corporate

wealth

management

• Vastly Distributed in

various regions in

Kenya

• Clientele in Public

and Private sector.

• Thousands of

employees.

OUR TEAM

Team: organogram BOARD OF

DIRECTOR

MANAGING DIRECTOR/CEO FA NICHOLAS ITHONDEKA

BUSINESS DEVELOPMENT / CLIENT SERVICE

PORTFOLIO ADMINISTRATION

(OPERATIONS)DEALING

PORTFOLIO MANAGEMENT

RESEARCHPROPERTY

INVESTMENT MANAGEMENT

PERFORMANCE

HEAD OF BUSINESSFA, SAMANTHA

KIBUGA

BUSINESS DVP

MANAGER

FA, SAMUEL NGIGI

HEAD OF OPERATION

OLIVIA NYAMWANDA

PORTFOLIO ADMINISTRATORSCYNTHIA CHEBIIJUDY WAMBUA

MARYJILL WAIRIMU

DEALERFA, CHARLES

ANDERE

SNR PORTFOLIO

MANAGER

FA, GEORGE GIKUNJU, CFA

PORTFOLIO MANAGERS

FA, DAVID ODUORI

FA, DANIEL CHEGE

FA, DAVID KIRURI

HEAD OF RESEARCH

FA, MOHAMED SHARAWE, CFA

SNR. RESEARCH

ANALYST

FA, MARK NGARE

RESEARCH ANALYST

CYNTA NYAGA

INVESTMENT ANALYST

SEAN WELTON

PROPERTY INVESTMENT

MANAGER

HILDA NJOROGE, MRICS

PERFORMANCE

ANALYST

ANGELA KANINA

HEAD OF COMPLIANCECHIEF RISK OFFICER

INVESTMENT ANALYST

ANDREW MBURU

SERVICES , SYSTEMS & CONTROLS

Services: Investment Decision Process

1

RESEARCH

STAGE :Data

Collection

ACTIVITY :

Involves data

collection and

analysis from

company report

and various

Macro research

2

RESEARCH

STAGE :Research

Report

ACTIVITY

Research team

writes reports to

the team with

recommendations

of investment

opportunities.

3

INVESTMENT

COMMITTEE

STAGE :Team

Discussion

ACTIVITY

The Investment

committee discusses

investment opportunities

& risks and agrees on

investment strategies to

be implemented

4

PORTFOLIO

MANAGERS

STAGE :Investment

Execution

ACTIVITY

Passive

income

increases

relative to

active income

5

INVESTMENT

COMMITTEE

STAGE :Performance

Review

ACTIVITY

The investment

committee meets

every 2 weeks to

review the portfolio

and/ re-strategies

Systems & Controls : Due Diligence

.

License

This considers the following factors to enable ranking of the various players.

• Market share• Financial performance• Adverse mentions by authorities• CAMEL analysis for banks• Qualitative measurements

Due Diligence

Investigation

Business is allocated according to the ranking of the particular players

after the due diligence investigation process.

Business Allocation

• Banks licensed by the CBK

• Brokers licensed by the CMA

Professional Indemnity

KES 1.0 Billion

UFALME GRATUITY

FUND

TSC GRATUITY

Collective Fund Specifically

Set up to Invest Employee

benefits not regulated

under Retirement benefit

Act

WHAT IS A GRATUITY FUND

TSC will be funding

the Obligation and the

employees will receive

the Gratuity as it fall

due with Interest.

WHAT DOES IT ENTAIL

Employees Under

contract of Service

which provide for a

Gratuity Benefit

WHO DOES IT AFFECT

Aug 2021

WHEN WILL IT START

Gratuity Cycle

Payment Done

Within (at most) 4

Days to employees

Account

TSC to Receive

Reports on Benefits

and Yield

Benefits Payable at

Maturity / Termination of

Contract. A statement of

Accrued Gratuity sent for

confirmation by Employer

and Employee

Funds Received are

Invested in Income

Bearing Assets. This

ensures low volatility

but High Yields

TSC Enrolls employees

and Funds the liability

as they are Accrued

Enrollment Accumulation Reporting Maturity Payment

CH Obligations;

Appointment, Supervision Committee,

Contributions/Funding.

Gratuity Fund Members

Ufalme Gratuity Fund

TSC

CISL Obligations;

Training; Investments/Returns; Reporting;

Compliance; Tax returns Records of Payments

and Gratuity accrued Register

Obligations;

Training; Investments/Returns;

Issuance of Statements;

Payments of Gratuity and Filling

Tax returns

Obligations;

Funding, Reports ; Discharge

from Service

Gratuity Fund Investments

CISL is keen on the qualify of the underlying

assets; our holdings are subject to rigorous

research on any entity we place any security

with and currently consist of Government

Securities and holdings with Tier 1 and select

Tier 2 Banks.

We maintain a maturity duration of less

than 24 months to ensure the fund

maintains liquidity to meet any obligation

within the agreed timelines.

The strategy is also in line with Capital

preservation

ASSETS QUALITY OF ASSETDURATION OF HOLDINGS

The Fund invests in interest bearing

assets which include;

- Call Deposits

- Fixed Deposit

- Govt and Corporate Bonds

- Commercial Paper

Value Add &Communication

• Quarterly reports & Fund Statement

• Member Training and Camps

• Member Support on Issues Investment

• Allow Members to have Voluntary Contributions. To be

notified by employer when employee wants to access.

• 2 Hr TAT on email response / 24 on written Instruction

Questions:

Thank You