11 months ago

Blue Chip Issue 85

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Blue Chip Journal is a quarterly journal for the financial planning industry and is the official publication of the Financial Planning Institute of Southern Africa NPC (FPI), effective from the January 2020 edition. Blue Chip publishes contributions from FPI and other leading industry figures, covering all aspects of the financial planning industry. Visit Blue Chip Digital:


BLUE CHIP BLUE CHIP On the money Making waves this quarter Retirement, reporting tools and US government bonds ARE YOU COVERED FOR MEDICAL AID IN YOUR RETIREMENT YEARS? NMG Benefits has launched SmartAid, a retirement annuity dedicated to help retirees save towards medical costs during retirement. SmartAid offers the following unique benefits: • Assesses each member’s circumstance in determining if members are on track to meet their specific retirement financial needs. • Focus is on the member’s need based on their unique circumstances rather than on the investment return. • Members who are not on track to meeting their needs are guided on actions to take using the projection tool. This is a simple, easyto-use calculator that translates a member’s personalised information into a member specific goalsetting. NEW REPORTING TOOL ProfileData has launched Share Stats and Insights (SSI), an easy-to-use add-on reporting tool, which provides real-time information for listed users. “Knowledge of who owns your share, who is buying and who is selling is strategic to managing value for one’s shareholders,” says Ernie Alexander, chairman of the Profile Group. SSI is modelled on the share statistic information requirements of formal financial reports, including those typically included in board information packs. It offers tables and charts on two databases: • Share price movements, market values, liquidity, trade statistics, price/ earnings ratios and dividend yields. • Institutional holdings, sales and purchases as represented by portfolio reports from collective investment schemes. Key features of SSI include: • User-defined date controls, making it possible to instantly obtain share statistic data for any calendar range. • Customisable peer comparisons, making it possible to instantly compare a company’s share statistics with up to four peers. • Downloadable bar charts suitable for inclusion in board information packs or other reports. • Exportable data tables. • Detailed quarterly views on asset manager activities. • Quarterly analysis by fund on share movement and holdings, both for previous institutional shareholders and new buyers. • Aggregated analysis across funds by asset manager. • Institutional trading pattern comparisons with up to four peers. Analysis of investor classification, location and share allocation as well as shareholder buying and selling trends, is easily analysed and condensed into a reporting tool customised to the issuer’s investor relations needs, saving both time and costs. ProfileData is a subsidiary of information publisher, Profile Group, the leading South African supplier of data feeds and customised data solutions for financial markets clients. ETF FOR US GOVERNMENT BONDS Shares in the 1nvest ICE US Treasury Short Bond Index Feeder ETF have begun trading on the JSE, giving South African investors exposure to liquid, short-term US government bonds. According to 1nvest, a specialist index fund manager, the ETFUSD tracks the performance of the ICE US Treasury Short Bond Index which measures the performance of US dollar-denominated short-term government bonds issued by the US Treasury. The index is market value-weighted and is designed to include US dollar-denominated, fixed-rate securities with a minimum term to maturity greater than one month and less than or equal to one year. Through this ETF (JSE code ETFUSD), South African investors can invest with rands in the US dollar-based product as an alternative to USD-denominated money market funds, without affecting their exchange control limit or going through an externalisation process. The listing of ETFUSD brings the number of ETF listings on the JSE to 93 with a total ETF market capitalisation of R114-billion.

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