The company is also among the leading providers of passive investment products in South Africa.
“Satrix offers investors easy, cost effective access to the markets through a wide range of passively managed investment products,” noted the organisation.
“The fund is a low equity multi-asset class portfolio aimed at cautious investors requiring income and capital growth in the medium to long term.”
(WATCH VIDEO: Satrix offers clients passively managed investment products)
The fund has a minimum contribution of five hundred rand with a 10,000 rand lump sum.
Chief executive officer of Satrix, Helena Conradie says the fund is useful in providing a reasonable income among others.
“It aims to provide a reasonable level of income whilst seeking to preserve capital, in real terms with lower volatility, over a medium to long term period,” she said.
The company says it is convinced that diversified market exposure can be achieved at a relatively low cost, without necessarily compromising on investment performance.
The fund will also in tracking the performance of Satrix’s low equity balanced index.
“The Satrix Balanced Index Fund is a regulation 28-compliant fund which offers diversified exposure to all the key local and international asset classes, with a smart SA equity core,” the company said in a statement.
(WATCH VIDEO: Merits of using passive funds)
“The fund tracks the proprietary or custom Satrix Balanced Index. The fund invests in a range of underlying smart equity indices.”
Satrix says there are two ways to invest in a Satrix tracker fund, either through a unit trust or an exchange-traded fund.
“Both products offer investors access to the performance of an underlying pool of assets via a single transaction. These assets, depending on the index being tracked, can include shares, bonds, cash or property.”