Pretoria Boys High School team “Young Guns”, from left to right: Allan Goldacre, Stefan van Wyk, Geor Schulze and George Ioannou. Photo by by Seth Gaunt (Pretoria Boys High School Grade 11/Form IV pupil).
The momentum continues to heat up as the JSE Liberty Investment Challenge announces its April winners. Registered schools continue to explore the fundamentals of investing through simulated trading of JSE listed shares. The latest winners to be announced are Sandisiwe High school taking first place in the Income portfolio, Diocesan College Bishops in the Equity portfolio and Pretoria Boys in the Speculator portfolio.
“We are extremely excited to announce the April competition winners which are as follows, the Equity portfolio winners team “The Bishops Investorpreneurs” from Diocesan College Bishops in Western Cape, with learners Warren Black, Murray McKenchine, Thomas Vidal and Alexander Rohrer winning this category while the Speculator portfolio winners team “PBHS Young Guns” from Pretoria Boys High school; with learners Stefan van Wyk, George Loannou, Geor Schulze, and Allan Goldacre while the Income portfolio winners were “More Money” from Sandisiwe High School from Mdantsane in East London with leaners Siphesande Grngxu, Asiphumze Kiwa, Zanethemba Zanqanshe and Sesethu Tako,” says Idris Seedat, Manager: CSI in the JSE’s Education Division.
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.
The school team with the best performance for the month in each portfolio will win R3000. Some hard lessons were learnt by the teams in the month of March as there are no winners in the Income Portfolio category.
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 competition ends on 27th September after which auditing will take place and the winners announced at the award ceremony held at the JSE in October 2013.
Schools 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
University Challenge
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
