Have you ever looked at the news, or at a company’s results, and have had no idea what they mean or how to interpret it?
You know there’s information lurking deep down in the results that you could use to profit from, but you’re never sure where to look. Or exactly what to look at!?
And with reporting season around the corner, just imagine the profit opportunities you could uncover before any other investor if you knew how.
That’s why I want to give you the reporting strategy that you could use to read financial results like a pro.
Many investors find themselves trapped in a perplexing cycle of underperformance and missed expectations from their investments. Choosing your investment philosophy is the missing link that can offer long-term peace of mind.
Financial Asset Management Through Mitigating Risks And Diversifying Investme...SlideTeam
Managing investments on behalf of others are referred to as asset management. Here we focus on creating a clients portfolio in such a way that it maximizes the return and minimizes risk in order to achieve investment objectives. Our main objective is diversifying the risk by investing in different securities. This presentation is useful for investment consultants to pitch their clients for investing a certain amount in the portfolio. Here we are covering the current investment scheme of a client portfolio and the problems associated with it since the current investment portfolio is not fulfilling the objectives in terms of returns and is highly volatile. So, in this presentation, we are providing a solution for the clients investments by allocating funds by a portfolio which serves diversification of portfolio and minimizes the risk. Our main approach is to focus on clients objective that are an inflation hedge, principle preservation, portfolio diversification, etc. and providing them the alternative investment types along with strategies, investment approach, and objectives for the same. Here we have covered a snapshot of all the investment options with associated risk, tenure, liquidity and 5 years returns. Also, top performing funds with different categories and their estimated returns for the next 5 years. We are focusing on Asset allocation strategy on long term performance and short-term volatility with an annual return percentage. https://bit.ly/2WUdWQe
Have you ever looked at the news, or at a company’s results, and have had no idea what they mean or how to interpret it?
You know there’s information lurking deep down in the results that you could use to profit from, but you’re never sure where to look. Or exactly what to look at!?
And with reporting season around the corner, just imagine the profit opportunities you could uncover before any other investor if you knew how.
That’s why I want to give you the reporting strategy that you could use to read financial results like a pro.
Many investors find themselves trapped in a perplexing cycle of underperformance and missed expectations from their investments. Choosing your investment philosophy is the missing link that can offer long-term peace of mind.
Financial Asset Management Through Mitigating Risks And Diversifying Investme...SlideTeam
Managing investments on behalf of others are referred to as asset management. Here we focus on creating a clients portfolio in such a way that it maximizes the return and minimizes risk in order to achieve investment objectives. Our main objective is diversifying the risk by investing in different securities. This presentation is useful for investment consultants to pitch their clients for investing a certain amount in the portfolio. Here we are covering the current investment scheme of a client portfolio and the problems associated with it since the current investment portfolio is not fulfilling the objectives in terms of returns and is highly volatile. So, in this presentation, we are providing a solution for the clients investments by allocating funds by a portfolio which serves diversification of portfolio and minimizes the risk. Our main approach is to focus on clients objective that are an inflation hedge, principle preservation, portfolio diversification, etc. and providing them the alternative investment types along with strategies, investment approach, and objectives for the same. Here we have covered a snapshot of all the investment options with associated risk, tenure, liquidity and 5 years returns. Also, top performing funds with different categories and their estimated returns for the next 5 years. We are focusing on Asset allocation strategy on long term performance and short-term volatility with an annual return percentage. https://bit.ly/2WUdWQe
Vunani Private Clients is proud to present highly rated Industrial Small to Mid-cap analyst Anthony Clark who has just released his much anticipated Top 5 stocks to own for 2016.
It is easy to see why Anthony Clark's Top 5 has become so popular, especially once looking at performance below:
In 2012 the Top 5 generated a cumulative return of +28%
In 2013 the Top 5 generated a cumulative return of +40%
In 2014 the Top 5 generated a cumulative return of +56%
In 2015 the Top 5 generated a cumulative return of +51%
This slide presentation is an overview of Conner Management Group, LLC (CMG), an investment management firm. CMG is an SEC registered investment advisor.
capital structure
,
goals and significance of capital structure
,
target capital structure
,
does capital structure matter
,
modigliani and miller theory
by G-10
For downloading this contact- bikashkumar.bk100@gmail.com
Prepared by Students of University of Rajshahi
Rasik Rownak Hossain
Shakib Fardous
Md. Rakibul Islam
Effat Ara Saima
Rafia Sultana
Tanvir Ahmed
Md.Shahidul Islam
SK Shourov Ahemmed
Tamjedul Alam Evan
Romana Haque Saima
Sarkar Muhammad Shohag
Khademul Islam
Jannatul Ferdous
Sheikh Hamim Hasan
Toufique Ul Haque Tuhin
Kerobin Hasda
Investment Valuation Ratios are used by investors to estimate the attractiveness of a potential or existing investment and get an idea of its valuation. Investment valuation ratios compare relevant data that help users gain an estimate of valuation.
Investment Valuation Ratios: Per Share Ratios, Dividend Per Share (DPS), Earnings Per Share (EPS), Dividend Payout Ratio (DPR),
Dividend Yield Ratio, Price / Earnings ratio (PER), Price to Cash Flow, Price to Book Value, Price to Earnings Growth (PEG), Enterprise Value (EV) multiple
The following empirical studies are to display the effectiveness of Enhanced Dynamic®, with independent, style-adherent,
active investment managers for the past 1-3-5-7-10 and 15 years..
These illustrations and graphs are based upon the eVestment Alliance investment manager database and provide a consistent comparison and display. Investment manager results are a composite of the top 35% of the active style-adherent managers in the database, to avoid concerns of “cherry-picking” of individual manager candidates.
We have determined that independent, style-adherent, active equity managers combined with the Enhanced Dynamic® overlay methodology provides significant benefits in both higher returns, and lower down-side capture.
Enhanced Dynamic® was applied consistently within these exhibits, without the benefit of any market timing, tactical asset allocation, security or index selection, or deviation from the Enhanced Dynamic® methodology.
Please refer to the Disclosures section within the http://www.enhancedinvesting.com and http://www.enhanceddynamic.com Web sites for further discussion.
La presentación corresponde al evento:
English version: https://youtu.be/JxOIJmCO1Ao
Versión española: https://youtu.be/owp_txi4erU
Pavel Begun (cofundador de 3G Capital Management) es entrevistado en Value School por Carmen Pérez Baguena, analista senior de Cobas Asset Management.
Pavel y su socio conforman el equipo de análisis de 3G Capital, porque afirma que cuantos menos sean en el proceso de investigación, más pueden controlar el núcleo de decisión.
El entrevistado nos cuenta su trayectoria profesional, que empezó a los 11 años vendiendo fresas y manzanas en un mercado. Después emprendió varios proyectos, hasta llegar a Estados Unidos con 20 años, donde además de continuar con sus iniciativas empresariales se introdujo en el mundo de la inversión. Pavel asegura que simultanear ambas cosas le ha permitido mejorar en los dos campos.
También nos desvela que su filosofía principalmente se centra en buscar las 3G (Good): “buen negocio, buena gestión y buen precio”. Parece una máxima muy sencilla, pero realmente “es un trabajo muy duro y complejo”.
¿Cómo define un buen negocio? Negocios sencillos de entender, con una trayectoria registrada de sostenibilidad en liderazgo, negocios que den buenos retornos sobre el capital invertido (15-20% o superiores). Esto puede aplicarse a cualquier sector, con algunas excepciones. Por ejemplo, las prendas de moda, porque es un sector muy cambiante.
¿Cuál sería el buen precio de compra y de venta? ¿Cómo intentan minimizar el riesgo? Carmen Pérez Baguena no se deja nada en el tintero a la hora de preguntar. Al finalizar su entrevista, comienza la ronda de preguntas de los asistentes y de los conectados vía streaming.
Libros recomendados:
Armas, Gérmenes Y Acero (ENSAYO-CIENCIA) (Jared Diamond)
What Intelligence Tests Miss: The Psychology of Rational Thought (Keith E. Stanovich)
La riqueza y la pobreza de las naciones (David Landed)
Vunani Private Clients is proud to present highly rated Industrial Small to Mid-cap analyst Anthony Clark who has just released his much anticipated Top 5 stocks to own for 2016.
It is easy to see why Anthony Clark's Top 5 has become so popular, especially once looking at performance below:
In 2012 the Top 5 generated a cumulative return of +28%
In 2013 the Top 5 generated a cumulative return of +40%
In 2014 the Top 5 generated a cumulative return of +56%
In 2015 the Top 5 generated a cumulative return of +51%
This slide presentation is an overview of Conner Management Group, LLC (CMG), an investment management firm. CMG is an SEC registered investment advisor.
capital structure
,
goals and significance of capital structure
,
target capital structure
,
does capital structure matter
,
modigliani and miller theory
by G-10
For downloading this contact- bikashkumar.bk100@gmail.com
Prepared by Students of University of Rajshahi
Rasik Rownak Hossain
Shakib Fardous
Md. Rakibul Islam
Effat Ara Saima
Rafia Sultana
Tanvir Ahmed
Md.Shahidul Islam
SK Shourov Ahemmed
Tamjedul Alam Evan
Romana Haque Saima
Sarkar Muhammad Shohag
Khademul Islam
Jannatul Ferdous
Sheikh Hamim Hasan
Toufique Ul Haque Tuhin
Kerobin Hasda
Investment Valuation Ratios are used by investors to estimate the attractiveness of a potential or existing investment and get an idea of its valuation. Investment valuation ratios compare relevant data that help users gain an estimate of valuation.
Investment Valuation Ratios: Per Share Ratios, Dividend Per Share (DPS), Earnings Per Share (EPS), Dividend Payout Ratio (DPR),
Dividend Yield Ratio, Price / Earnings ratio (PER), Price to Cash Flow, Price to Book Value, Price to Earnings Growth (PEG), Enterprise Value (EV) multiple
The following empirical studies are to display the effectiveness of Enhanced Dynamic®, with independent, style-adherent,
active investment managers for the past 1-3-5-7-10 and 15 years..
These illustrations and graphs are based upon the eVestment Alliance investment manager database and provide a consistent comparison and display. Investment manager results are a composite of the top 35% of the active style-adherent managers in the database, to avoid concerns of “cherry-picking” of individual manager candidates.
We have determined that independent, style-adherent, active equity managers combined with the Enhanced Dynamic® overlay methodology provides significant benefits in both higher returns, and lower down-side capture.
Enhanced Dynamic® was applied consistently within these exhibits, without the benefit of any market timing, tactical asset allocation, security or index selection, or deviation from the Enhanced Dynamic® methodology.
Please refer to the Disclosures section within the http://www.enhancedinvesting.com and http://www.enhanceddynamic.com Web sites for further discussion.
La presentación corresponde al evento:
English version: https://youtu.be/JxOIJmCO1Ao
Versión española: https://youtu.be/owp_txi4erU
Pavel Begun (cofundador de 3G Capital Management) es entrevistado en Value School por Carmen Pérez Baguena, analista senior de Cobas Asset Management.
Pavel y su socio conforman el equipo de análisis de 3G Capital, porque afirma que cuantos menos sean en el proceso de investigación, más pueden controlar el núcleo de decisión.
El entrevistado nos cuenta su trayectoria profesional, que empezó a los 11 años vendiendo fresas y manzanas en un mercado. Después emprendió varios proyectos, hasta llegar a Estados Unidos con 20 años, donde además de continuar con sus iniciativas empresariales se introdujo en el mundo de la inversión. Pavel asegura que simultanear ambas cosas le ha permitido mejorar en los dos campos.
También nos desvela que su filosofía principalmente se centra en buscar las 3G (Good): “buen negocio, buena gestión y buen precio”. Parece una máxima muy sencilla, pero realmente “es un trabajo muy duro y complejo”.
¿Cómo define un buen negocio? Negocios sencillos de entender, con una trayectoria registrada de sostenibilidad en liderazgo, negocios que den buenos retornos sobre el capital invertido (15-20% o superiores). Esto puede aplicarse a cualquier sector, con algunas excepciones. Por ejemplo, las prendas de moda, porque es un sector muy cambiante.
¿Cuál sería el buen precio de compra y de venta? ¿Cómo intentan minimizar el riesgo? Carmen Pérez Baguena no se deja nada en el tintero a la hora de preguntar. Al finalizar su entrevista, comienza la ronda de preguntas de los asistentes y de los conectados vía streaming.
Libros recomendados:
Armas, Gérmenes Y Acero (ENSAYO-CIENCIA) (Jared Diamond)
What Intelligence Tests Miss: The Psychology of Rational Thought (Keith E. Stanovich)
La riqueza y la pobreza de las naciones (David Landed)
It is good to know the basics before making investments in Stock Markets. History has recorded scores of investors who have made fortune out of stock market. And if your investments are timed well, you could be the next fortune maker in the market.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
2. Keith Hodgskiss
Bsc (Hons), RE5, RPE
Jnr Equity Trader / Portfolio Manager
Nearly 5 years investment experience
3. PSG’s Philosophy
Put risk (the probability of losing money) first and look for investments
with –
a sufficient margin of safety
an asymmetrical payoff range – little downside and sufficient upside
A long term view when assessing asymmetry and constructing our
portfolios with a bottom up approach
Investing at below intrinsic value –
High quality compounding return type companies preferably
Mean reverting companies with margin of safety
5. WE INVEST IN COMPANIES THAT:
Have a competent and
aligned management
team
Have a sustainable
competitive advantage
Can grow faster than the
market for a sustainable
period
Trade significantly below
our estimate of fair value
OR
Are not overpriced
Compounders
Mean reverters
6. The PSG equity selection process
Moat
ManagementMargin of Safety
QUALITY
PRICE
7. Moat
In terms of quantifying the moat, the most important metrics would be market
share, profit margins, returns on capital and free cash flows
Industries with sustainable competitive advantages tends to see stable market
shares (over many years) and quite often a small number of large players
Industries where new players enter and old players exit suggests that the barriers to
entry is not really large
Which factors do we look for?
A Supply or cost advantage – (weak moat)
A Government intervention advantage (tariffs, licenses (e.g. broadcast
rights), patents, regulation) – (semi-strong moat but not always enduring)
A demand advantage (through customer captivity) – (strong moat)
Economies of scale and a demand advantage – (the strongest moat)
8. Moat
Attractive industries quite often deliver high return on capital and have the
ability to sustain high returns over long periods
A company with a moat should be able to extract economic benefits in excess of
their competitors
Free cash flow is the final measure
Finally, quantitative evidence is combined with our qualitative understanding
(clear and understandable business model) of the moat to make a final
assessment
9. Moat example: Sasol
Clear and understandable business model
Sasol owns technology used to convert coal and natural gas into liquids
10. Management
We would score management by looking at their historic ability to deliver value to
shareholders as well as their incentive schemes.
Some of the measures include:
Historic total return
Improvements in margins, capital returns and free cash flow over time
The proportion of long term incentives in total management compensation
The metrics used to reward management (as an example, we prefer long term ROIC targets to
short term sales growth targets)
We also like to see an alignment of management with shareholders through direct
share ownership as having management share in long term dividend flows is more
important than annual bonuses.
11. Management example: Berkshire
Managed by individuals with proven track records
Long term value
created for
shareholders:
• SP: +21% p.a.
• NAV: +20% p.a.
$1,000 invested in
1965 is worth
more than $8m
today
12. Margin of safety
Here we are looking for evidence that the business is trading below our
estimate of fair value.
We utilise a wide range of valuation methods including the following:
Sum of the parts valuations
Discounted cash flows
Valuation metrics (PE ratio, dividend yield, price to book, price to tangible book, FCF
yields etc)
We look for asymmetrical pay-offs in our margins of safety calculations:
Ideally, little downside and significant upside from current prices.
Underlying business is growing but share price is staying flat
13. Margin of safety example:
J.P. Morgan Chase & Co.
Few years mired in controversy leading to a suppressed stock price.
PERFECT COMPOUNDING MEAN REVERTER?
1) Its consistent, above-average returns
2) the leading market positions across its four business lines
3) a time-tested management
4) track record of double-digit tangible book-value growth, before, during
and after the crisis
5) solid trends in investment banking fees
6) resolution of its legacy mortgage and litigation issues and
7) continued asset-quality improvement
8) low valuations
14. The best performing asset class
Long term capital growth
Dividend income with lower
tax
Investment diversification
Delayed taxation
15. PSG Paarl Stockbrokers
Direct online trading
Non - discretionary Accounts
Manage your own stock portfolio with a stockbroker . You also get access to the PSG
Online web site at no additional costs.
Discretionary Account
Your portfolio is managed by a qualified stockbroker who will make informed
investment decisions on your behalf.
Foreign Equity Account
By utilising an Asset Swop or Offshore Allowance
Gain exposure to international stocks and hedge against currency depreciation
16. PSG Paarl Stockbrokers
Personal Share Portfolio (PSP) within an RA, LA....
Local and foreign portfolio advantages
Investors have more control in the management of their retirement money
Tax efficient
Customers will get access to :
Trading in unlisted shares such as KWV, Agri, Channel Life and PSG Konsult
A watchlist and stock research
Notifications via SMS / email
Market Information / JSE prices
Corporate Calendar
Technical analysis program
19. Paarl Stockbrokers
A team with more than 18 years collective experience
Max vd Wath
B.Econ CFP
RPE, RE5
Principal
Snr Portfolio
Manager
HW de Jager
BComm (Hons)
Financial Analysis
RPE, RE5
Snr Portfolio
Manager
Kris Swart
BComm (Hons)
Financial Analysis
Jnr Portfolio
Manager
Stefan du Toit
MComm Cum
Laude
Jnr Portfolio
Manager
Keith Hodgskiss
Bsc (Hons)
RPE, RE5
Jnr Portfolio
Manager
22. THANK YOU
PLEASE REMEMBER TO COMPLETE THE
FEEDBACK FORM SHOULD YOU BE
INTERESTED IN ANY OF OUR SERVICES
23. Disclaimer
Collective Investment Schemes in Securities (Unit Trusts) are generally medium to long-term investments. The
value of participatory interests (units) may go down as well as up and past performance is not a guide to future
performance. Collective Investment Schemes are traded at ruling prices and can engage in borrowing and scrip
lending. A schedule of fees and charges and maximum commissions is available on request from PSG Collective
Investments Limited. Commissions and incentives may be paid and if so, are included in the overall costs.
Forward pricing is used. PSG Collective Investments Limited is a member of the Association for Savings and
Investment South Africa (ASISA).
The funds may from time to time invest in another fund managed by a related party, or in shares issued by
entities within the same group of companies as PSG Collective Investments Limited. A process is in place to
ensure the same selection criteria is applied when selecting the underlying funds or shares.
The information contained in this presentation is of a general nature and is not intended to address the
circumstances of any particular person. We do not purport to act in any way as an advisor and you should not
act upon this information without appropriate professional advice. PSG Konsult Ltd is an authorised financial
services provider.