RA/Provident fund

[ADRAM3L3CH]

As said above, R500 is minimum for most unit trusts, R300 for ETFs.

And I would still suggest a full equity fund of some kind (balanced fund only if doing a RA).

And if not RA: if you want a managed fund something like Coronation Top 20 or Allan Gray Equity Fund, or if you want a index fund like Satrix Top 40 or Divi or Nedbank BettaBeta EWT 40.

Then when you want to invest more you choose another type of fund to diversify with.

I want to start the with the Allan gray balanced fund for an RA and the Satrix Divi as something I could use to later invest in property.