Home > Salary > South Africa > Mutual Fund Manager
A mutual fund manager is responsible for overseeing the investment activities of a mutual fund. They analyze financial data, research investment opportunities, and make decisions on buying or selling securities within the fund's portfolio. Their main goal is to maximize returns for the fund's investors while managing risk.
The occupation requires strong analytical skills to evaluate market trends and company performance, as well as the ability to make informed investment decisions. Mutual fund managers must stay updated with market news and economic indicators to identify potential investment opportunities. They also need excellent communication skills to effectively communicate investment strategies and performance to clients and stakeholders.
Estimated Yearly Salary: 323,574 ZAR
Estimated Monthly Salary: 26,965 ZAR
Estimated Weekly Salary: 6,223 ZAR per week
Estimated Hourly Salary: 156 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 25,988 ZAR
Estimated Weekly Salary: 5,997 ZAR per week
Estimated Hourly Salary: 150 ZAR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 16,088 USD
Estimated Monthly Salary: 1,341 USD
Estimated Weekly Salary: 309 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 323,574 ZAR
Estimated Monthly Salary: 26,965 ZAR
Estimated Weekly Salary: 6,223 ZAR per week
Estimated Hourly Salary: 156 ZAR per hour
By working as Mutual Fund Manager a person can save up to 1,069 USD per month or 12,834 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Mutual Fund Manager
Last revision of data: 2025-01-04
Data as of 2025
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Mutual Fund Manager salary in South Africa
Average Yearly Salary of Mutual Fund Manager in South Africa is approximately 323,574 ZAR (16,088 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Mutual Fund Manager do?
A mutual fund manager is responsible for overseeing the investment activities of a mutual fund. They analyze financial data, research investment opportunities, and make decisions on buying or selling securities within the fund's portfolio. Their main goal is to maximize returns for the fund's investors while managing risk.
The occupation requires strong analytical skills to evaluate market trends and company performance, as well as the ability to make informed investment decisions. Mutual fund managers must stay updated with market news and economic indicators to identify potential investment opportunities. They also need excellent communication skills to effectively communicate investment strategies and performance to clients and stakeholders.Skills: Mutual Fund Manager, Investment Analysis, Portfolio Management, Financial Markets, Risk Management, Investment Strategy
Job industry: Finance
Job industry: Finance
How much does Mutual Fund Manager make?
Salary details
How much does Mutual Fund Manager make?Estimated Yearly Salary: 323,574 ZAR
Estimated Monthly Salary: 26,965 ZAR
Estimated Weekly Salary: 6,223 ZAR per week
Estimated Hourly Salary: 156 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 311,860 ZAREstimated Monthly Salary: 25,988 ZAR
Estimated Weekly Salary: 5,997 ZAR per week
Estimated Hourly Salary: 150 ZAR per hour
Last revision of data: 2024-01-09Mutual Fund Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 16,088 USD
Estimated Monthly Salary: 1,341 USD
Estimated Weekly Salary: 309 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Mutual Fund Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Mutual Fund Manager in South Africa earns on average:
2.55 times the average salary (or 255% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Mutual Fund Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Mutual Fund Manager in South Africa earns on average:
2.55 times the average salary (or 255% of average salary).
Is Mutual Fund Manager a well paid job?
Yes, our data show that Mutual Fund Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mutual Fund Manager?
High salary for Mutual Fund Manager would be somewhere between 355,931 ZAR and 469,182 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Mutual Fund Manager in South Africa?
Living in South Africa the approximate monthly expenses are: 271 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 323,574 ZAR
Estimated Monthly Salary: 26,965 ZAR
Estimated Weekly Salary: 6,223 ZAR per week
Estimated Hourly Salary: 156 ZAR per hour
By working as Mutual Fund Manager a person can save up to 1,069 USD per month or 12,834 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Mutual Fund Manager
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in South Africa
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Data as of 2025Random salary:
Security manager (194,318 ZAR per year, pre-tax.)
Orthopedist (588,934 ZAR per year, pre-tax.)
Npi engineer (151,073 ZAR per year, pre-tax.)
Marketing business development manager (132,363 ZAR per year, pre-tax.)
Vice president (vp), provider relations and contracting (328,811 ZAR per year, pre-tax.)
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