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Satrix Low Equity Balanced Index Fund  |  South African-Multi Asset-Low Equity
Reg Compliant
14.1377    +0.0196    (+0.139%)
NAV price (ZAR) Fri 27 Jun 2025 (change prev day)


 
Technical Details  
 

Formation Date (A1)

30 Jul 2014

Fund Size (ZAR)

3 562 647 372

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A1)

SLEA1

ISIN (A1)

ZAE000189346

Pricing

Daily

Number of unitholders

208

ASISA Category

SA-Multi Asset-Low Equity

Benchmark

Proprietary Satrix Low Equity Balanced Index

Income Distributions

31/12,30/06

Income Payment

-

Trustee

Absa Bank Limited

Management Company

Satrix Managers (Pty) Ltd.

Fund Management

Satrix Investment Team, Jason Liddle

Minimum Investment

R10 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

Low-Medium

 
Fund Objective  
 
The Satrix Low Equity 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  
 
Jason Liddle

Satrix Investment Team
 
Fees and Costs - Class A1
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.403%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/12)0.51%
TER Performance Fee0.00%
Transaction Costs Ratio0.05%
Total TER0.56%
 
Distribution - Class A1
DeclaredPayAmountClassCurrency
31 Dec 20242 Jan 202539.901A1ZARc
30 Jun 20241 Jul 202437.563A1ZARc
31 Dec 20232 Jan 202436.210A1ZARc
30 Jun 20233 Jul 202333.512A1ZARc
31 Dec 20223 Jan 202332.855A1ZARc
30 Jun 20221 Jul 202230.026A1ZARc
31 Dec 20213 Jan 202228.252A1ZARc
30 Jun 20211 Jul 202124.063A1ZARc
31 Dec 20204 Jan 202120.407A1ZARc
30 Jun 20201 Jul 202029.936A1ZARc
 
Statutory Data
 
Management CompanySatrix Managers (Pty) Ltd.
Registration Number2004/009205/07
DirectorsK F Kellerman, M K Koep, R A Koep, P Rodrigues
TrusteeAbsa Bank Limited
AuditorsKPMG Inc
SponsorsVunani Corporate Finance (division of Vunani Ltd.)
AdvisorsSanlam Investment Management (Pty) Ltd.
Physical AddressThree Exchange Square 87 Maude Street Sandown, Sandton 2146
Postal AddressPO Box 653477 Benmore 2010
Telephone011-784-0641
Tollfree-
Fax086-508-7186
Emailrickm@satrix.co.za
Websitehttp://www.satrix.co.za

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