Life assurance company Sanlam has been the dominant performer in the comparatively new equity-linked managed portfolios in the Richard Wharton-Hood survey.
The equity-linked portfolio survey covers one, three and five-year growth to December 31, 1995 .
In the five and three-year categories only Sanlam, Old Mutual and Protea were in the contest with Momentum becoming a fourth competitor in the one-year comparisons. The results were:
Monthly premiums, taxed portfolios (ordinary endowments):
* Sanlam first over five years with a 21 percent a year growth and over one year (36,4 percent);
* Old Mutual was first over three years (27,8 percent).
Monthly premiums untaxed portfolios (retirement funds and retirement annuities):
* Sanlam first over five years (23,6 percent a year), three years (27,1 percent) and over one year (41,2 percent);
Annual premiums, taxed portfolios:
* Sanlam first over five years (20,5 percent) and one year (19,8 percent);
* Old Mutual first over three years (24,4 percent).
Annual premiums, untaxed portfolios:
* Sanlam first over five years (23,3 percent) and one year (23 percent);
* Old Mutual first over three years (25,9 percent).
Single premiums, taxed portfolios:
* Old Mutual first over five years (21 percent) and three years (27,8 percent);
* Sanlam first over one year (19,8 percent).
Single premiums, untaxed portfolios:
* Sanlam first over five years (23 percent) and one year (23 percent);
* Old Mutual first over three years (29 percent).
These assurance companies take part in survey
Seven life assurance companies participate in the Wharton-Hood surveys.
They are: Metropolitan Life, Momentum Life, Norwich Life, Old Mutual, Protea, Sanlam and Standard General.
Six life assurance companies have pulled out of the surveys: They are: Sage, AA Life, Liberty Life, Southern Life, Fedlife and Timelife.
The remaining companies have never agreed to participate.