Satrix MSCI World Equity Index Feeder Fund

The investment objective of the Satrix MSCI World Equity Index Feeder Fund is to provide a total return equivalent to that of the MSCI World (Developed Markets) Index, in South African Rand. The Satrix MSCI World Equity Index Feeder Fund will aim to achieve this by only investing (other than holding assets in liquid form) in participatory interest of the FSB approved Sanlam World Equity Tracker Fund, a sub fund of the Irish Domiciled Sanlam Universal Funds plc.

Investors wanting to invest South African Rand to gain exposure to world equity markets. No foreign exchange tax clearance is required.

MSCI World Equity Inex

The Sanlam World Equity Tracker Fund (underlying fund) employs optimisation techniques to track the performance of the index, rather than attempting to hold all of the securities in the index.