Morningstar

Sanlam Alternative Income Fund B2 SAAIB2

Medalist Rating as of Sep 30, 2026

Strategy

"The objective of the Sanlam Alternative Income Fund (SAIF or the Fund) is to offer a liquid, mainly dividend-yielding investment that will track the South African short term interest rate cycle. Income distributed to investors will aim to exceed the average after-tax yield normally received from money-market portfolios. The Fund has a conservative investment mandate that will follow a risk profile focused on capital preservation subject to strict criteria, in accordance with the requirements of the Collective Investments Schemes Control Act (CISCA). The credit risk is diversified in credit-rated investments of a high credit quality. Investments are in rand denominated, redeemable, cumulative preference shares and liquid instruments and any other securities allowed by CISCA."

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SAAIA2	Sanlam Alternative Income Fund B4	—	Open			May 25, 2007	ZAR 9.55M	—	—	ZAR 1M	−ZAR 11.55M
SAAIA1	Sanlam Alternative Income Fund A1	—	Open			May 25, 2007	ZAR 28.13M	—	High	ZAR 100,000	−ZAR 9.41M
SAAIB2	Sanlam Alternative Income Fund B2	—	Open			May 25, 2007	ZAR 1.62B	—	—	ZAR 1M	ZAR 758.49M
SAAIB1	Sanlam Alternative Income Fund B1	—	Open			May 25, 2007	ZAR 1.08B	—	—	ZAR 1M	−ZAR 17.01M
SAAB5	Sanlam Alternative Income Fund B5	—	Open			Jan 2, 2008	ZAR 2.95B	—	—	ZAR 1M	−ZAR 213.60M
SAAIB3	Sanlam Alternative Income Fund B3	—	Open			Jul 1, 2008	ZAR 1.16B	—	—	—	−ZAR 354.41M
SAICB	Sanlam Alternative Income Fund B7	—	Limited			Jan 2, 2009	ZAR 1.78B	—	—	—	ZAR 571.83M
SIFB8	Sanlam Alternative Income Fund B8	—	Open			Apr 1, 2015	ZAR 429.69M	—	—	ZAR 2M	−ZAR 49.03M

Sponsor Center

Transparency is our policy. Learn how it impacts everything we do

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your personal data

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

Verify your identity, personalize the content you receive, or create and administer your account.
Provide specific products and services to you, such as portfolio management or data aggregation.
Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

How we approach editorial content

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

© Copyright 2026 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.