JSE/Liberty Investment Challenge
The annual schools and universities JSE Liberty Investment Challenge, which this year celebrates 40 years of bringing investment education to South Africa’s youth, is starting today.
The educational youth programme is aimed at introducing high school learners and university students to the world of investment and teaches them the fundamentals of investment strategy. This is a great opportunity for each student to get insights into how to invest and the importance of investing on the exchange.
The game which kicks off on the 11th of March 2013, requires learners to form teams who will be given an imaginary sum of R1 000 000 each to invest in JSE-listed shares. Each team’s performance is tracked and measured in a competition against other teams taking part in the Challenge. Since registration opened for the Investment Challenge on the 21 January this year 140 schools and 28 universities across the country have already signed up to compete.
“This is a momentous milestone for our investment Challenge. We foresee another 40 years of sharing investment knowledge with our youth,” says Idris Seedat, Manager: CSI in the JSE’s Education Division.
To encourage participation in the Challenge, the JSE has also been attending a series of orientation weeks at various universities across the country providing information about how the Challenge works as well registering students for the Challenge. The JSE will also be attending both educator and learner expo’s in various provinces.
Each month the best performing school team in each game will win R3 000, there are five top prizes for the annual winners valued at R60 000 per portfolio in the schools Challenge and the university Challenge has three top prizes also valued at R60 000 plus an all-expenses paid trip to an international stock exchange.
The competition ends on the 27th September after which judging will take place and the winners announced at the award ceremony held at the JSE in October 2013.
“Although Liberty has been a sponsor of the JSE/ Liberty Investment Challenge for more than 12 years, we have been in the education space for over 40 years. We continue to be part of this initiative because of our expertise in the savings and investment arena.”
“We have a passion for seeing the youth market progress in the financial literacy space. We encourage all students in the participating schools and universities to take this investment challenge seriously and gain invaluable knowledge on the fundamentals of saving and investing,” says Julian Dallamore, Brand Manager of Liberty Investments.
JSE/Liberty Investment Challenge
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
“It is with great excitement and anticipation that we launch this year’s 40th Challenge. We look forward to more schools and universities participating. It is only through engaging our youth, teaching them about investment and instilling them with a wealth of knowledge are we building a culture of saving and investment that can further assist us as a country to create wealth,” says Idris Seedat, Manager: CSI in the JSE’s Education Division.
Scores and team progress during the Challenge can also be accessed via social media on: Facebook, Twitter, Learners can also access Mxit to get updates on the game.