Annual Financial Statements for the year ended 30 June 2021 0 - Book - Page 117
South Africa
United States of America
2021
%
2020
%
2021
%
2020
%
54
47
30
35
resources
industrials
consumer discretionary
consumer staples
healthcare
information technologies
telecommunications
financials (ex real estate)
7
2
11
9
5
6
4
10
5
2
9
9
5
6
3
8
4
3
4
2
4
6
2
5
5
4
4
2
5
7
3
5
Fixed interest
Direct property
Listed property
Cash and cash equivalents
Third party managed assets
Other
16
11
2
4
12
1
17
15
2
7
12
–
50
6
–
–
–
14
49
6
–
–
–
10
100
100
100
100
at 30 June
Equities
Total
The pension fund assets are measured at fair value at valuation date. The fair value of equity has been calculated by reference to
quoted prices in an active market. The fair value of property and other assets has been determined by performing market valuations
and using other valuation techniques at the end of each reporting period.
SASOL LIMITED GROUP
CONSOLIDATED FINANCIAL STATEMENTS
The assets of the pension funds are invested as follows:
NOTES TO THE FINANCIAL STATEMENTS
Pension fund assets
Investment strategy
The trustees target the plans' asset allocation within the following ranges within each asset class:
Asset classes
Equities
local
foreign
Fixed interest
Property
Other
United States of America
Minimum
%
Maximum
%
Minimum
%
Maximum
%
30
15
5
10
–
45
30
25
25
15
–
–
–
–
–
100
100
100
100
100
1 Members of the defined contribution scheme have a choice of four investment portfolios. The targeted allocation disclosed represents the moderate
balanced investment portfolio which the majority of the members of the scheme have adopted. The total assets of the fund under these investment
portfolios are R272 million, R58 010 million, R1 027 million and R2 040 million for the low risk portfolio, moderate balanced portfolio, aggressive
balanced portfolio and money market portfolio, respectively. Defined benefit members' funds are invested in the moderate balanced portfolio. The
money market portfolio is restricted to active members from age 55.
SASOL LIMITED COMPANY
South Africa¹
OTHER
The trustees of the respective funds monitor investment performance and portfolio characteristics on a regular basis to ensure
that managers are meeting expectations with respect to their investment approach. There are restrictions and controls placed on
managers in this regard.
115
Sasol Annual Financial Statements 2021