JSE/Liberty Investment Challenge
With less than a month left in the competition, the JSE Liberty Investment Challenge's August winners have been announced. These winners are Thabo Senior Secondary School in the Income portfolio, D F Malan High School was the winner in the Equity portfolio and Pretoria Boys High School in the Speculator portfolio category.
"As the competition draws to an end we are pleased to announce the August competition winners and acknowledge those teams that have placed first in the various categories. Competition is tough with over 1600 teams competing this year," says Idris Seedat, Manager: CSI in the JSE's Education Division.
The Income portfolio winners "Thabo Brokers" from Thabo Secondary School in Soweto, with learners Mary Mokoena; Thabang Mokhethi; Daniel Mohlolo and Seipati Taukobong. The Speculator portfolio team gave themselves the name "PBHS Young Guns" with team members Stefan van Wyk; George Loannou; Geor Schulze and Allan Goldacre. The winning team in the Equity category was the group known as Neverest from Cape Town with members Luke Nel; Tonia Schoeman; Kara Nel and Morne Pienaar.
The Challenge runs three distinct streams and teams must select the "risk" portfolio that they wish to take part in. The options are Speculator Portfolio (high risk), Equity Growth Portfolio (moderate risk) and Income Portfolio (low risk). These different games allow participants to select their appropriate wealth management strategy, testing their investment skills against peers.
This year's competition has five top prizes for the annual winners valued at R60 000 per portfolio in the Schools Challenge while the University Challenge has three top prizes also valued at R60 000 plus an all-expenses paid trip to an international stock exchange. The school team with the best performance for the month in each portfolio wins R3000.
The competition ends on 27 September, after which auditing will take place and the winners announced at the award ceremony held at the JSE in October 2013.
The schools challenge is targeted at secondary school learners.
• Any South African secondary school may enter one or more teams.
• Team members must be in grades 8, 9, 10 or 11 to be eligible to participate (it is recommended that learners in grades 8 and 9 participate in the income game).
• Grade 12 learners may also participate with the permission of the school principal.
• A team must consist of four members only.
• Each school must have a supervising teacher or mentor.
To register go to: http://schools.jse.co.za
The university challenge is targeted at all tertiary institutions.
All university students are eligible, but they must be currently registered with the same institution and may form teams - irrespective of field of study of team members. Each participating team may not be less than two members or more than four members at a time.
To register go to: http://university.jse.co.za