SATRIX BALANCED INDEX FUND. NOT AS PASSIVE AS YOU THINK. THE ONLY BALANCED FUND WITH A SMARTCORE The local equity exposure (49%) of the fund is represented by what we call the SmartCore. The SmartCore is a proprietary Satrix equity index which combines three factors – momentum, quality and value. For more information visit www.satrix.co.za Satrix Managers (RF) (Pty) Ltd (FSB no. 15658) is an authorised financial services provider and a registered and approved manager in terms of the Collective Investment Schemes Control Act. Maximum fund charges (including VAT): Manager Annual Fee 0.40%. Transaction Costs (TC) 0.13%. Total Expense Ratio (TER) at 31 December 2019, 0.48%.
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