Johannesburg, 4 December 2024 – The fund is designed to cater to those looking to hedge against rand weakness and participate in offshore markets through a well-diversified, long-term strategy.

Balanced funds offer investors diversified exposure to different asset classes in an optimal blend. Satrix is now using their portfolio design skills and index tracking capabilities to introduce a global balanced fund in a low-cost ETF vehicle, a first for the local market.

“Satrix has a venerable track record in managing balanced funds, and this new global fund follows the same approach. We’ve applied our in-depth research and focus on strategic asset allocation to build a well-diversified, offshore portfolio for South African investors,” said Nico Katzke, Head of Portfolio Solutions at Satrix*. “The goal is to offer a balanced, risk-diversified global blend of asset classes, including equities, bonds, listed infrastructure, and listed property. Investing globally can be daunting for ordinary investors, with this ETF being an ideal low-cost solution for those seeking balanced exposure to global assets with a long-term investment horizon.”

The ETF consists of a 45% allocation to developed markets, 10% to emerging markets, 5% to global listed property and 10% to listed infrastructure, with property and infrastructure providing the ETF with real asset exposure.

The fund offers medium-to long-term global exposure through a diversified portfolio, carefully curated using Satrix's strategic asset allocation methodology. As with previous Satrix offerings, there is no minimum investment, making the ETF accessible to a broad range of investors who gain the advantage of offshore exposure without having to manage the complexities of direct offshore investment.

Another differentiator is the fund’s ability to access lower dividend withholding tax rates, allowing investors to benefit from enhanced returns.

"ETFs continue to become increasingly attractive for investors seeking diversified and cost-effective investment solutions. With this listing, the JSE is providing an avenue for direct engagement with global markets, enhancing our ability to meet the sophisticated needs of modern investors,” said Adèle Hattingh, Business Development and Exchange Traded Products Manager at the JSE.

The number of ETFs listed on the JSE now stands at 117 with a market cap exceeding R193 billion.

*Satrix is a division of Sanlam Investment Management. 

ENDS

ABOUT THE JSE

The Johannesburg Stock Exchange (JSE) has a well-established history of operating as a marketplace for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world-class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself on being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent.

The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for 137 years. As a leading global exchange, the JSE co-creates, unlocks value & makes real connections happen. www.jse.co.za 

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ABOUT SATRIX 

Satrix is the leading provider of index-tracking investment products and exchange traded funds (ETFs) in South Africa, with assets under management of R230 billion* invested in the range of ETFs, index-tracking unit trusts, life pooled and segregated portfolios that are specifically tailored for client-specific mandates or retail funds. It pioneered index investing in South Africa, launching the flagship Satrix 40 ETF as the first locally listed ETF in November 2000. The business services the institutional, intermediary, and individual investor markets. Satrix has proven expertise in risk management, portfolio analysis and index construction. A core part of the Satrix purpose is to drive the democratisation of investments for all South Africans, where SatrixNOW, the no-minimum online investing platform, is a key enabler to provide access for South Africans to “Own the Market”.

The multi-award-winning business holds the largest market share in the ETF industry in South Africa at nearly 36%^. Visit www.satrix.co.za.

*Source: Satrix, 30th September 2024

^Source: etfSA.co.za, 30th June 2024

DISCLAIMER

Satrix Managers (RF) (Pty) Limited is a registered and approved Manager in terms of the Collective Investment Schemes Control Act and an authorised financial services provider in terms of the FAIS. A schedule of fees can be obtained from the Manager. This is a Global – Multi Asset – High Equity fund. Charges of the most expensive fee class is 0.35% (incl. VAT). The fund has a moderate-aggressive risk profile that should deliver inflation-beating returns over the long term, with lower volatility than an equity-only global fund. Additional risk due to foreign investment might be applicable. Consult your financial advisor before making an investment decision. Past performance is not indicative of future performance. For more information visit www.satrix.co.za.