Johannesburg, 23 July 2013 – Almost half way through the competition, the JSE Liberty Investment Challenge announces its June winners. Registered schools continue to explore the fundamentals of investing through simulated trading of JSE listed shares. The latest winners to be announced are Tsholomnga High School taking first place in the Income portfolio, Maritzburg College in the Equity portfolio and Grey High School in the Speculator portfolio.
“We are extremely excited to announce the June competition winners which are as follows, the Equity portfolio winners team “Super Traders” from Martizburg College in Kwa-Zulu Natal, with learners Mohamed Asmall, Luke Venter, Leshan Pillay and Thandwa Sizwe Ndlovu winning this category while the Speculator portfolio winners team “Optimus Eaton” from Grey High school in Port Elizabeth; with learners Bradley Eaton, Damian Hansen, Jordan Hansen, Michael Vosloo, while the Income portfolio winners were “Young Stars” from Tsholomnga High School from Mpongo in East London with leaners Vuyolwethu Mateyisi, Zanande Madlala, Tandile Menjenjalo and Ayabonga Fekema,” 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.
For more information:
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
For further information, please visit www.jse.co.za
Tel 011 520 7168