Satrix Balanced Index Fund

Fund Objectives

The Fund complies with the limitations of Regulation 28 and offers diversified exposure to all the key local and international asset classes, with a smart SA equity core. The Fund tracks a composite index benchmark, with a long term strategic asset allocation, rebalanced on a bi-annual basis in March and September.

Investment Strategy

The investment objective of the portfolio is to provide investors with income and capital growth in the medium to long term by tracking the proprietary Satrix Balanced Index as closely as possible. The Manager shall seek to achieve this by investing in a combination of equities, bonds, inflation linked bonds, assets in liquid form (including money market instruments), listed property and international equities, fixed interest and listed property. The investment manager will also be allowed to invest in derivatives as allowed by the Act from time to time in order to achieve its objective. This combination of investments will enable the investment manager to track the performance of the Satrix Balanced Index as closely as possible. When investing in derivatives, the Manager will adhere to prevailing derivative regulations.

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: Never
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
n/a n/a n/a n/a n/a n/a

Fund and Adviser Fees

Adviser Fees Administration Fees Management Fees
Upfront Annual Standard Manager Discount Effective Annual Fee Total Expense Ratio (TER)
0.00% 0.50% not available not available not available 0.36%

All fees shown exclude VAT. Data provided by Morningstar and Allan Gray / Investec.

What are adviser fees?

Adviser fees are paid to Beanstalk. We do not charge an upfront fee and our annual fee is very low at just 0.50% (+ VAT where applicable).

What are administration fees?

Annual administration fees are charged by Allan Gray Investment Services Proprietary Limited or Investec Management Services (Pty) Ltd for ongoing administation. The fee applicable to your investment depends on the unit trusts you have selected and the value of your investment. A negative annual administration fee means you will pay no annual administration fee and will receive additional units into your account.

What are management fees?

The Fund charges a fixed fee of 0.29% (incl. VAT) with no performance fee component.

Management fees are expenses included in the price of your selected unit trust(s). These expenses are not charged as separate fees, but are built into the unit price of the unit trusts you select. The fees shown include VAT where applicable. Values are calculated using more decimal places than are displayed.

Fund Positioning

This fund is suitable for moderate investments.

Fund Asset Allocation

Asset allocation as of
30 Sep 2018

Tools

Disclaimer

Please note that while every effort is taken to ensure the accuracy of this information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the fund information presented on this page. All data is provided by Morningstar, Allan Gray and Investec.