JSE/Liberty Investment Challenge
The JSE Education Department is excited to announce that it will be exhibiting at the annual African Education Week Convention and Learning Expo on 3 & 4 July at the Sandton Convention Centre.
High school learners, university students and teachers will have the opportunity to visit the JSE stand (no.185) to learn more about the JSE/Liberty Investment Challenge. With the competition now in its fourth round, high school learners wanting to register as participants for the monthly competition can do so at the expo. Investment Challenge Co-ordinators will be present to facilitate registrations as well as provide more information about the Investment Challenge.
The first of its kind, the Investment Challenge is South Africa’s largest and longest-standing financial literacy competition which aims to educate South African youth about investing in the stock market and the role that investment plays in the economy. Every year, teachers and parents of high school learners and university students are encouraged to act as mentors of their respective schools while their teams manage a virtual portfolio on the stock exchange.
“The expo gives all relevant stakeholders in the education sector the opportunity to share views and discuss solutions to improve the standard of education across Africa. The JSE aims to be constantly involved in educational initiatives that add value to the lives of South African youth and in turn help them to secure a brighter future. We are therefore eager to be a part of this discussion and to impart our knowledge and ideas”, says Senior Investment Challenge Co-ordinator, Idris Seedat.
The African Education Week and Learning Expo is now in its sixth year, and is the largest education conference in Africa, featuring more than 1400 delegates from across the continent.
About the JSE/Liberty Investment Challenge
Founded 39 years ago, the JSE/Liberty Investment Challenge teaches university students and high school learners about investing through managing a virtual portfolio of R1 million. The annual competition runs from March until end September and is open to all learners from any South African high school. Students from universities and independent colleges are also eligible to participate.
All school entrants from Grade 8 – 12 compete in teams of four, have to be supervised by a teacher or mentor and can choose to trade in one of three portfolios - Income (low risk), Equity Growth (moderate risk) and Speculator (high risk). University teams must consist of a minimum of two members and a maximum of four and can only compete in the Speculator portfolio.
Prizes are up for grabs for learners, their school and mentoring teachers. Winning teams for the month in each portfolio will win R500 for each member, R500 for their school as well as another R500 for their teacher. At the end of the Investment Challenge and after months of hard work, five prizes amounting to R60 000 per portfolio will be awarded to the overall winners in each portfolio. University students stand a chance to win an all-expenses paid oversees trip to an international stock exchange.
Additionally, the overall winning teams from around SA will get a glimpse into celeb life by being treated to a VIP experience of an all-expenses-paid trip to Johannesburg for the glamorous awards ceremony, which is held at the JSE every year.
To register, each team will be required to pay a fee of R120 per team per portfolio entered for schools and R150 per team for universities. To find out more visit the JSE/Liberty Investment Challenge website:http://schools.jse.co.za or http://university.jse.co.za and the new interactive mobisite: http://schools.jse.co.za/mobile or http://university.jse.co.za/mobile or contact the Investment Challenge Co-ordinators on (+27)11 – 520 7116/ 7344/ 7168. For further information, registration forms and interaction visit the Facebook and Twitter pages.