Manage a R1 million portfolio and win great prizes
It’s that time of year again. Registrations for the 2012 edition of the JSE/Liberty Investment Challenge, kicking off in March, are now open. If you’re an ambitious South African high school learner or university student, fascinated by the world of investments, and are eager to take on the challenge of a lifetime, then the Investment Challenge is for you!
Bring your ‘A’ game and show your skills by managing a virtual portfolio of R1 million on the stock exchange – with no risk of losing actual money, of course. Through this simulated experience, you can learn to be money savvy and discover the value of long-term investments and savings. And perhaps even set yourself up for a career in finance.
“The 2011 JSE/Liberty Investment Challenge was a great success. We encourage the youth of South Africa to participate in this year’s Investment Challenge as it is a great opportunity to broaden their financial knowledge and acquire skills which will see them being financially aware adults,” says Senior Investment Challenge Co-ordinator, Idris Seedat.
Compete against other teams in your province and put your school or university on the financial skills map by claiming the top honours in the various portfolio categories. Participants enter in teams of four for scholarsand two to fourfor university students, and select one or more risk portfolios to participate in. The portfolio options are Income (low risk); Equity (moderate risk) and Speculator (high risk). Besides learning how to invest on the stock market, there are also cool prizes to the value of R240 000 up for grabs, plus an all expenses paid overseas trip for participating students. Throughout the Investment Challenge, the winning team 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 it all, after months of hard work and strategising, five prizes amounting to R60 000 per portfolio will be awarded to the overall winners in each portfolio.
Jade Maletsky, Head of Brand & Marketing for Liberty Retail SA says: “We are proud to be sponsoring the JSE/Liberty Investment Challenge for the 11th year in a row. Learning about the power of saving and the underlying concept of compound interest, is the key to financial wealth and independence. Learners and students participating in this Investment Challenge, learn exactly this.”
All winning teams of the JSE/Liberty Investment Challenge from around SA will get a glimpse into celeb life by being treated to a VIP experience of an all-expenses-paid trip toJohannesburgfor the glamorous awards ceremony, which is held at the JSE every year. Last year’s winning university students were jetted off toMauritius, where they got to see first hand, the ins-and-outs of the Mauritius Stock Exchange.
“We encourage all high school learners and university students to get their game on and take part in the investment challenge, which promises to be the best year yet,” says Julian Dallamore, Brand Manager for Liberty Retail SA.
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 011 – 520 7116/ 7344/ 7168. For further information, registration forms and interaction visit the Facebook and Twitter pages:
For media information please contact:
Roshaan Patel, Account Executive
Tel: +27 (0)21 422 2806
Source: Chatroom – Press Release – 25 March 2012