EasyEquities Lists Squirrel Away EasyETFs Balanced AMETF

In Short

EasyEquities has launched the Squirrel Away EasyETFs Balanced Actively Managed ETF (AMETF). It is available in ZAR, and can be bought using TFSA and RA accounts.

What Happened

EasyEquities has made the Squirrel Away EasyETFs Balanced AMETF live on its platform, following a partnership between Squirrel Away and EasyETFs.

The product is a balanced portfolio, meaning it mixes different asset types instead of focusing on one. In this case, the fund can invest across equities, bonds, money market instruments (low-risk, short-term debt), and property.

Squirrel Away says the fund is designed for simplicity and accessibility. The ETF has a maximum equity allocation of 60%, which caps how much of the portfolio can be in shares.

It is also actively managed, meaning professional managers make ongoing buy and sell decisions. That is different from a passive ETF, which usually tracks a set index with minimal changes.

The fund is available to investors using ZAR accounts, as well as tax-advantaged wrappers on the platform, including a TFSA (Tax-Free Savings Account) and an RA (Retirement Annuity).

Why It Matters

For South African retail investors, the launch adds another packaged option for diversified investing in one instrument. That can be appealing for people who do not want to decide their own mix of shares, bonds, and cash.

For Squirrel Away, the partnership is a step toward turning gifting into longer-term saving and investing for families. The company story is rooted in the idea of redirecting some gift spending into a child’s future.

The launch also signals that AMETFs are becoming more common in the local market. They aim to combine the accessibility of exchange-traded products with the hands-on decisions of active fund management.

Investors will still need to watch fees, risk level, and how closely the fund sticks to its stated allocation limits over time.