3 years ago

Blue Chip Journal Issue 75 - April 2020

  • Text
  • Technology
  • Dfms
  • Funds
  • Retirement
  • Insurance
  • Management
  • Funds
  • Management
  • Investment
  • Planning
  • Investors
  • Planner
  • Markets
  • Global
  • Equity
  • Wealth
  • Hedge
Blue Chip 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 carries contributions from FPI, carrying FPI branding, and other leading industry figures, covering all aspects of the financial planning industry. A total of 10 000 copies of the publication are distributed directly to every CERTIFIED FINANCIAL PLANNER® (CFP®) in the country, while the Blue Chip e-newsletter (launch date January 2020) reaches the full FPI membership base. FPI members are able to earn one non-verifiable Continuous Professional Development (CPD) hour per edition of the print journal (four per year) under the category of Professional Reading. Blue Chip is also distributed at key FPI events including the FPI Professionals Convention, the Financial Planner of the Year Awards Dinner and regional FPI Masterclasses. Special advertising packages in Blue Chip are available to FPI Corporate Partners, FPI Recognised Education Providers and FPI Approved Professional Practices.

On the money Making

On the money Making waves this quarter Morningstar Awards Investec and Fairtree earn top honours Investec and Fairtree emerged as the biggest winners at the annual Morningstar Awards took place on 27 February, winning the titles of best fund house for a larger range of unit trust funds and best fund house for a smaller range of funds respectively. Kagiso took two individual fund awards with its Equity Alpha Fund awarded the title of best SA equity fund while its Balanced Fund scooped the award for best aggressive allocation fund. Nedgroup’s Global Equity Fund, managed for Nedgroup by UK-based asset manager Veritas, won the title of best global equity fund. “The winning funds and fund houses demonstrated the ability to earn strong risk-adjusted returns for investors over a sustained period while avoiding undue risk,” commented Tal Nieburg, managing director for Morningstar SA. Fund category awards • Best Aggressive Allocation Fund: Kagiso Balanced • Best Bond Fund: Allan Gray Bond • Best Cautious Allocation Fund: ABSA Inflation Beater • Best Flexible Allocation Fund: Select BCI Worldwide Flexible • Best Global Equity Fund: Nedgroup Global Equity • Best Moderate Allocation Fund: Sasfin BCI Balanced • Best South Africa Equity Fund: Kagiso Equity Alpha Fund house awards • Best Fund House: Larger Fund Range: Investec Asset Management • Best Fund House: Smaller Fund Range: Fairtree Asset Management Accelerating wealth opportunities PPS enters wealth advisory market exclusively for graduate professionals Professional Provident Society (PPS) has introduced PPS Wealth Advisory, a boutique wealth management distribution channel exclusively for sophisticated or high net worth qualifying graduate professional members, their families and their businesses. PPS Advisory Services has identified a unique group of professionals who have created family wealth that require a different type of relationship, service and support. “Our legacy of 79 years together with our exclusive focus on providing intelligent financial solutions for graduate professionals differentiates PPS from other players,” says Mzwandile Mtshali, Executive of PPS Advisory Services and Enablement. Mutuality allows PPS to contribute to accelerating wealth opportunities for high net worth professionals seeking to create, protect and grow their family and business legacy. PPS Wealth Advisory’s criteria for clients is R5-million in net investable assets of which personal income in excess of R2-million a year is required. The balance of accessible finance could include share ownership schemes, inheritance, equity, investments or property holdings (excluding primary residences). PPS Wealth Advisory will be led by Linda Sherlock, Executive Head: Wealth and Business Development, who brings significant expertise in the wealth market to the table. Fuller service, instant contact Profile Media announces investor ebooks Profile Media announced on 24 February that the latest issue of the popular Stock Exchange Handbook – Issue 1 2020 is now also available as an electronic book (ebook). Profile Media is a subsidiary of information publisher Profile Group, a leading South African supplier of data feeds and customised data solutions for financial markets participants. Ernie Alexander, Profile Group chairman, says: “Traditional books still have a place in the market, they smell and feel good, can easily be shared, are easier to give as a gift but cost more, and are preferred by older generations. There is also some evidence that ebooks have recently lost sales to a re-emergence of print, but the full potential of the ebook remains untapped. “The new ebook of the Stock Exchange Handbook, which includes JSE and other exchanges listed companies, stockbrokers and other financial intermediaries, will offer advertising customers a click through from advertising giving the customer a fuller service and instant contact with advertisers.” The ebook is positioned between Profile’s interactive digital products and its traditional print media and will add a value proposition to its customers without extra costs. Profile’s Unit Trusts & Collective Investments handbook will be available soon in an ebook. Alexander believes fund managers and advertisers will enjoy the participative experience of having instant access to their websites, which will hopefully entice unit trust investment and sales.

100 % SAVINGS 0% TAX WOULDN’T YOU RATHER PAY 0% TAX? OPEN A TAX-FREE INVESTMENT Are you taking advantage of your tax-saving opportunities? With tax-free investments, you pay no dividends tax, income tax or capital gains tax on your investments. With the expertise of SA’s top Fund Managers, you can maximise your tax-free investments to fund that special goal you have in mind, or boost your retirement savings. You can contribute up to R33 000 per year, with a lifetime limit of R500 000. Contact our client services team on 0860 123 263 or or talk to your financial planner. UNIT TRUSTS | INTERNATIONAL | RETIREMENT FUNDS Nedgroup Collective Investments (RF) Proprietary Limited is the company that is authorised in terms of the Collective Investment Schemes Control Act to administer the Nedgroup Investments unit trust portfolios. Unit trusts are generally medium to long term investments. The value of your investment may go down as well as up. Past performance is not necessarily a guide to future performance. Nedgroup Investments does not guarantee the performance of your investment and even if forecasts about the expected future performance are included you will carry the investment and market risk, which includes the possibility of losing capital. Unit trusts are traded at ruling prices and can engage in borrowing and scrip lending. Certain unit trust funds may be subject to currency fluctuations due to its international exposure. Nedgroup Investments has the right to close unit trust funds to new investors in order to manage it more efficiently. A schedule of fees and charges and details of our awards are available on request from Nedgroup Investments.

Other recent publications by Global Africa Network: