Sanlam to launch four tracker funds

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South African asset manager Sanlam is to launch four tracker funds later this year for the European fund market.

The planned launches – Sanlam Emerging Markets Equity Tracker, Sanlam North America Equity Tracker, Sanlam UK Equity Tracker fund and Sanlam Europe ex UK Equity Tracker – will be domiciled in Ireland.

A Sanlam spokesperson says: “Sanlam has registered a small number of new funds however these will be officially launched later in the year.”

Sanlam currently has one Dublin-domiciled tracker. The Sanlam World Equity Tracker aims to replicate the performance of world equity markets by tracking the MSCI World Index.