Blue Chip Journal - June 2019 edition
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ED'S NOTE<br />
Change and transformation<br />
are the order of the day at<br />
present, nowhere more<br />
than in the financial<br />
services industry. To begin with,<br />
the FPI has begun a new chapter<br />
in its existence, with an exciting<br />
new mixture of vision and purpose,<br />
as detailed by new CEO Lelané<br />
Bezuidenhout in the Foreword to this<br />
issue and further elaborated on in an<br />
introductory article on page 18. We<br />
Perspectives on<br />
transformation<br />
welcome Ms Bezuidenhout and wish her every success in<br />
this important venture.<br />
Retirement is one of life's biggest changes, and it falls<br />
to the financial advisor to help their clients prepare<br />
for this stage of their lives as best they can. Naturally,<br />
quite apart from the emotional and mental considerations<br />
implicit in this transformation, adequate<br />
retirement capital is essential if the desired retirement<br />
lifestyle is to be achieved. Financial planners<br />
have to do their homework and ensure that this capital<br />
is not reduced by fees and other hidden costs<br />
that can be avoided. A number of perspectives on<br />
this aspect of financial planning are contained in this<br />
issue, including an examination of issues around fees.<br />
When it comes to personal development, it seems<br />
that more and more professionals are realising that the<br />
process of transformation begins internally, not only for<br />
themselves but also for their clients. We hope you enjoy<br />
the inspirational testimony and insights shared by our<br />
professional contributors in this issue.<br />
Editor: Greg Penfold<br />
Art Director: Brent Meder<br />
Design & Layout: Tyra Martin<br />
Client Liaison Officer: Lizel Olivier<br />
Project Manager:<br />
Chris Whales, Global Africa Network<br />
Advertising Executives:<br />
Bayanda Sikiti, Sam Oliver,<br />
Gavin van der Merwe, Jeremy Petersen<br />
Subscriptions: Lee-Ann Lawrence<br />
Fax: +27 (0) 21 683 4364<br />
RSA: R125.70, Foreign: R335.70<br />
Distribution Manager: Edward MacDonald<br />
Circulation: Lee-Ann Lawrence<br />
Accounts Department:<br />
Chevonne Ismail (accountant)<br />
Brigitte Eberbach<br />
Debtors Department: Nadeema Abdullah<br />
Printing: FA Print<br />
CAPE MEDIA CORPORATION<br />
Managing Director: Robert Arendse<br />
Financial Director: Andrew Brading<br />
Laurium Balanced<br />
Prescient Fund<br />
3 YEARS OF STAYING AHEAD<br />
NO MATTER THE TERRAIN<br />
Launched 9 December 2015, the fund is ranked 1/148 in the<br />
South African Multi-Asset High Equity Sector with a return<br />
of 10.95% p.a. (annualised) over 3 years to 30 April <strong>2019</strong> (net<br />
of fees). This is 6.2% p.a. (annualised) ahead of the average<br />
fund in the same sector!<br />
Visit www.lauriumcapital.com today.<br />
Cumulative Performance<br />
Balanced Fund since inception vs. SA Multi-Asset High Equity. Investment Growth Time<br />
Period 2015/12/09 (inception date of fund) to <strong>2019</strong>/04/30<br />
We know Investments<br />
T +27 11 263 7700<br />
E laurium@lauriumcapital.com<br />
www.lauriumcapital.com<br />
Source: Morningstar <strong>2019</strong>/04/30<br />
Annualised performance shows longer term performance rescaled to a 1-year period. Annualised performance is the<br />
average return per year over the period. Actual annual figures are available to the investor on request. Collective Investment<br />
Schemes (CIS) should be considered as medium to long-term investments. The value of your investment may go up and<br />
as well as down as past performance is not necessarily a guide to future performance. CIS’s are traded at a ruling price<br />
and can engage in script lending and borrowing. Performance has been calculated on the A2 class using net NAV to NAV<br />
numbers with income reinvested. The performance of each period shown reflects the return for investors who have been<br />
fully invested for that period. Individual investor performance may differ as a result of initial fees, the actual investment<br />
date, the date of reinvestments and the dividend withholding tax. Highest rolling 1-year return since inception of 19.8%.<br />
Lowest rolling 1-year return since inception of -3.1%. A schedule of fees, charges and maximum commissions is available<br />
on request from the Manager. There is no guarantee in respect of the capital or returns in a portfolio. A CIS may be closed<br />
to new investors in order for it to be managed more efficiently in accordance with its mandate. Prescient Management<br />
Company (RF)(PTY) Ltd is registered and approved under the Collective Investment Schemes Control Act (No.45 of 2002).<br />
Laurium Capital (Pty) Ltd, Registration number: 2007/026029/07 is an authorised Financial Services Provider (FSP34142)<br />
under the Financial Advisory and Intermediary Services Act (No.37 of 2002). For any additional information such as fund<br />
prices, brochure and application forms please go to www.lauriumcapital.com
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