With the JSE/Liberty Investment Challenge reaching the final stages, teams are striving for top positions in anticipation of the overall winners being announced in October. Free State schools are proving to be an impressive contender with their second win in this year’s competition.
The Grade 10 “Heel te mal Specolators” team from Grey College in Brandhof, Bloemfontein, out played the rest in thehigh risk Speculator Portfolio, with a notable growth in investment of 6.19%. Team leader, Kassel Rothman comments: “This challenge introduced us to the stock exchange and created an environment where we as young people can learn by doing and participating. We are grateful to the JSE and Liberty for this opportunity to learn about the fundamentals of investment strategies surrounding the trading of JSE-listed shares.
Ntabenkonyana High School in the Eastern Cape is also proving their aptitude for investing with another team from the school claiming a win. All-boy team “NHS1” came out tops for the Income Portfolio in the latest round of the competition. With an astounding income of R28 944.45, NHS1 achieved a higher income than that of their fellow “NHS2” team in the June competition. Teacher Khanyiswa Peteni says, “I have been trying since 2007 to involve my learners in the Investment Challenge and am so proud of the teams’ performance this year. The learners are showing great interest and are learning a lot from the Investment Challenge. They have vowed to take this further and are going to pass on the knowledge they have gained to friends and family. Thank you to the JSE & Liberty for giving our learners this opportunity which is helping prepare them to be financially responsible citizens. We are also grateful to Mr. Hellenmore Gosa, a mentor appointed by the JSE, who has been so helpful and supportive to my learners.
Source: JSE Liberty Challenge – Press Release – 5 September 2012