Prizes
Adjudication of Prizes
The Speculator Portfolio uses one measure:
The difference between the value of the portfolio
at the end of the game and the value of the portfolio
at the beginning of the game. The portfolio with
the highest growth wins.
Annual Prizes:
The name of the winning teams will be published
in the following newspapers: The Star, Sowetan,
Beeld and Cape Argus shown on the portfolio statements
at the end of the competition and on the Challenge
web-site.
- Prize money will be deposited into a Satrix
Investment Plan account opened on behalf
of the prize-winners.
- Any team or team member
will only be eligible
for one prize.
- The judges’ decision
will be final and no correspondence will
be entered into.
- First Place: Total prize
per team – R25
000,00.
- Second Place: Total prize per
team – R20
000,00.
- Third Place: Total prize per
team – R15
000,00.
Satrix
- Prize money will be deposited into a Satrix
Investment account opened.
- Satrix securities are Exchange Traded Funds,
listed on the JSE, and registered with the
Financial Services Board as a Collective Investment
Scheme. They provide perfect tracking, both
capital and yield, of the main FTSE/JSE indices.
Index tracking products, such as Satrix, provide
the most effective and lowest cost option to
gain exposure to the performance of the equity
market as a whole.
There are five Satrix products:
- Satrix Fini, which tracks the FTSE/JSE Financial
15 Index
- Satrix Indi, which tracks the FTSE/JSE Industrial
25 Index
- Satrix Resi which tracks the FTSE/JSE Resource
20 Index
- Satrix SWIX Top 40 which tracks FTSE/JSE
Shareholder Weighted Top 40 Index
Prize winners
must complete in full the normal application
forms and fulfill Financial Intelligence
Controls Act (FICA) obligations in terms of providing
proof of identity and residence in order to have
Satrix accounts opened
Satrix
Prize money will be deposited into a
Satrix Investment account opened. Satrix securities
are Exchange Traded Funds, listed on the JSE,
and registered with the Financial Services Board
as a Collective Investment Scheme. They provide
perfect tracking, both capital and yield, of the main
FTSE/JSE indices. Index tracking products, such
as Satrix, provide the most effective and lowest
cost option to gain exposure to the performance
of the equity market as a whole.
There are five Satrix products:
- Satrix 40, which tracks the FTSE/JSE Top
40 Index
- Satrix Fini, which tracks the FTSE/JSE
Financial 15 Index
- Satrix Indi, which tracks
the FTSE/JSE Industrial 25 Index.
- Satrix
Resi which tracks the FTSE/JSE Resource 20
Index
- Satrix SWIX Top 40 which tracks FTSE/JSE
Shareholder Weighted Top 40 Index
Prize winners must complete in full the normal
application forms and fulfill Financial Intelligence
Controls Act (FICA) obligations in terms of providing
proof of identity and residence in order to have
Satrix accounts opened in their name. Prize winners
can choose which of the Satrix products they
wish to be invested in, subject to minimum investment
requirements for each product. For more information
on Satrix, please visit the website www.satrix.co.za.
Costs
- Each team will be required to pay a registration
fee of R150,00 per team per portfolio entered.
- No changes to portfolios are allowed once
they have been selected. If teams wish to change
their portfolio an additional R120,00 will
be charged per portfolio.
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