Mandate Overview04 Dec 2024
The Satrix Global Balanced Fund of Funds ETF (known as the Satrix Global Balanced FoF ETF) tracks the value of the Satrix Global Balanced Index in ZAR.
This ETF aims to provide local investors with optimally diversified exposure through a single fund to a global basket of indices representing different 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
This ETF will list on the Johannesburg Stock Exchange (JSE) and investors will access it in South African rand.
New Fund - Official Announcement04 Dec 2024
The Satrix Global Balanced Fund of Funds ETF is a new fund, effective from 04 December 2024