Marriott Fund Research Tool


Technical Details

Formation Date (A1)	21 Oct 2013
Fund Size (ZAR)	13 866 700 630
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A1)	SATBI
ISIN (A1)	ZAE000181517
Pricing	Daily
Number of unitholders	861
ASISA Category	SA-Multi Asset-High Equity
Benchmark	Proprietary Satrix Balanced Index
Income Distributions	30/06,31/12
Income Payment	07/01,01/01
Trustee	Absa Bank Limited
Management Company	Satrix Managers (Pty) Ltd.
Fund Management	Satrix Investment Team, Robert Macdonald
Minimum Investment	R10 000
Minimum Top-Up	-
Minimum Monthly	R500
Risk Rating	-


Technical Details

Formation Date (A1)	21 Oct 2013
Fund Size (ZAR)	13 866 700 630
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A1)	SATBI
ISIN (A1)	ZAE000181517
Pricing	Daily
Number of unitholders	861
ASISA Category	SA-Multi Asset-High Equity
Benchmark	Proprietary Satrix Balanced Index
Income Distributions	30/06,31/12
Income Payment	07/01,01/01
Trustee	Absa Bank Limited
Management Company	Satrix Managers (Pty) Ltd.
Fund Management	Satrix Investment Team, Robert Macdonald
Minimum Investment	R10 000
Minimum Top-Up	-
Minimum Monthly	R500
Risk Rating	-

Fund Objective

The Satrix Balanced Index Fund is Regulation 28 compliant and offers diversified
exposure to all the key local and international asset classes. The Fund tracks a composite index benchmark, with a long term strategic asset allocation, rebalanced on a bi-annual basis in March and September.

Fund Objective

The Satrix Balanced Index Fund is Regulation 28 compliant and offers diversified
exposure to all the key local and international asset classes. The Fund tracks a composite index benchmark, with a long term strategic asset allocation, rebalanced on a bi-annual basis in March and September.


Management

Robert Macdonald Robert Macdonald is a portfolio manager at Satrix's smart beta and indexation investment business. He is also responsible for research and product development. Macdonald joined SIM in 1999 working in investment operations and client services. Before joining SIM, he spent three years working in the corporate finance department of PricewaterhouseCoopers. Macdonald completed his B.Bus.Sci (Finance) (Hons) and P.G.D.A. at the University of Cape Town (UCT), graduating in 1994 and 1995 respectively. He also qualified as a CA (SA) in 1998 from SAICA, and is a CFA charter holder, obtained in 2004. In his spare time Macdonald enjoys sport (mainly mountain biking), reading and spending time with his family. He is married with three children. Satrix Investment Team


Management

Robert Macdonald Robert Macdonald is a portfolio manager at Satrix's smart beta and indexation investment business. He is also responsible for research and product development. Macdonald joined SIM in 1999 working in investment operations and client services. Before joining SIM, he spent three years working in the corporate finance department of PricewaterhouseCoopers. Macdonald completed his B.Bus.Sci (Finance) (Hons) and P.G.D.A. at the University of Cape Town (UCT), graduating in 1994 and 1995 respectively. He also qualified as a CA (SA) in 1998 from SAICA, and is a CFA charter holder, obtained in 2004. In his spare time Macdonald enjoys sport (mainly mountain biking), reading and spending time with his family. He is married with three children. Satrix Investment Team


Fees and Costs - Class A1

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.403%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/12)	0.52%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.10%
Total TER	0.62%


Fees and Costs - Class A1

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.403%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/12)	0.52%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.10%
Total TER	0.62%


Statutory Data

Management Company	Satrix Managers (Pty) Ltd.
Registration Number	2004/009205/07
Directors	K F Kellerman, M K Koep, R A Koep, P Rodrigues
Trustee	Absa Bank Limited
Auditors	KPMG Inc
Sponsors	Vunani Corporate Finance (division of Vunani Ltd.)
Advisors	Sanlam Investment Management (Pty) Ltd.
Physical Address	Three Exchange Square 87 Maude Street Sandown, Sandton 2146
Postal Address	PO Box 653477 Benmore 2010
Telephone	011-784-0641
Tollfree	-
Fax	086-508-7186
Email	rickm@satrix.co.za
Website	http://www.satrix.co.za


Statutory Data

Management Company	Satrix Managers (Pty) Ltd.
Registration Number	2004/009205/07
Directors	K F Kellerman, M K Koep, R A Koep, P Rodrigues
Trustee	Absa Bank Limited
Auditors	KPMG Inc
Sponsors	Vunani Corporate Finance (division of Vunani Ltd.)
Advisors	Sanlam Investment Management (Pty) Ltd.
Physical Address	Three Exchange Square 87 Maude Street Sandown, Sandton 2146
Postal Address	PO Box 653477 Benmore 2010
Telephone	011-784-0641
Tollfree	-
Fax	086-508-7186
Email	rickm@satrix.co.za
Website	http://www.satrix.co.za

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