ETFsa have listed their second ETF (the first from August 2024 is their Balanced ETF code ETFSAB*).
This new one listed yesterday (15 April 2026) under the code OYSTER, as in the world is your oyster. The full name is ETFSA Oyster Global Balanced Prescient Actively Managed Exchange Traded Fund.
This is a fully offshore ETF that will invest into other Exchange Traded Products including equity, bonds and commodities.
What you’ll note is that this is also an actively managed ETF as with their first ETF they lsited. This is because there is no index for them to reference. So it won’t be active as in day trading. Rather active as in ETFsa team will be deciding on assets allocation and adjusting as they see fit.
The ideal is a strategic global allocation of 80% growth and 20% defensive. But speaking with Nerina Visser at listing it is more 85%/15% as they use their flexibility to manage the allocation.
Listen to my interview with Nerina Visser below.
ETFsa has a living annuity on the same thinking, the ETFSA LA Wealth Oyster Portfolio. This ETF now widens the investor base for this fully offshore product and with the living annuity having launched in August 2024, the ETFsa team have had time to refine their strategic thinking regarding asset allocation.
They will be paying dividends and the management fee will be 0.35% and the expected TER of 0.5%. This fee is very competitive with only the Satrix Global Balanced Fund of Funds ETF (STXGLB) coming in cheaper and the Satrix has no commodities and is fully passive.
Lastly, it can be included in your tax-free account.
ETF blog
At Just One Lap, we are big fans of passive investment using ETFs. In this weekly blog, we discuss ETFs on the local market and the factors you need to consider when choosing an ETF. If you have wondered how one ETF differs from another, this is where you can find out. We explain which index each ETF tracks, what type of portfolio could benefit from holding each ETF, and how the costs will affect your bottom line.
