Antimicrobial Resistance (AMR): the systemic risk investors should be talking about

Antimicrobial Resistance (AMR), according to the World Health Organisation, is one of the top 10 threats facing humanity today. In this episode, we step into the public health arena and speak to...

Simeka – Investment Notes March 2023

How long does it take to bring inflation down? The expectation of lower inflation is a central theme in the economic outlook for 2023, as interest rates have been raised sharply worldwide. Inflation...

Simeka – Markets at a Glance as at 30 April 2023

This publication provides a monthly review of major indexes, important macroeconomic indicators and an overview of the highs and lows of the stock market for the period.   Read more...

Simeka – Economic Commentary April 2023

Economic growth is slowing down in South Africa, inflation remains high, and interest rates are up. Simeka’s Marcus Rautenbach looks at developments in the first quarter of 2023 and provides some...

Simeka – Investment Notes 2/2023

We are three months along in 2023, and Marcus Rautenbach updates the market outlook released earlier in the year. He concludes that inflation and interest rates remain important determinants for...

Simeka – Retirement Matters 2/2023

Simeka’s Retirement Matters prepared by our legal and technical specialists highlights the latest legal and technical developments in the industry. Read more...

Find out what benefits you qualify for?

Core Benefits

Retirement Fund

Scheme for Spouse’s Cover

Disability Benefits

Group Life Insurance Scheme

Funeral Cover

Quick Links

How do I access my Fund information?

Forms and Documents

More About the Fund

Life Stage Model

Join the Pension Fund

Age 53 - optional Portfolio change

Age 60 - retirement planing process

Age 65 - Retirement

What investment options does SURF offer me?

Investment Choice option

From age 53, USRF offers members investment options outside the default investment strategy.
If you opt for the Investment Choice option, from age 53, you may choose to invest your fund credit in these portfolios.

The Growth Portfolio

The Growth Portfolio consists of both a local and an offshore component. The local component is split in equal portions between the following investment managers: Allan Gray, Coronation and Ninety One. It should be noted that differences in investment returns of the managers result in changes in manager allocations from time to time. The offshore component is managed by Willis Towers Watson.

The composition of the Growth Portfolio per manager allocation as at 30 November 2022 was as follows: