THE FUSE

Nerina Visser makes the case that the famous 60/40 portfolio is the wrong starting point for a South African investor going offshore — we do not go abroad for yield, we go for growth we cannot get at home. Her answer is the ETFSA Oyster Global Balanced AMETF (JSE: OYSTER), a single-ticker, 100% offshore, 80/20 growth-to-income portfolio built from global heavyweight ETFs and notes. It is also, as it stands, the only tax-free-compatible ETF on the JSE offering physical commodity exposure.