Are you between Grade 8 and 12 and want to invest R1 million in the stock market?
Then the Johannesburg Stock Exchange (JSE) Investment Challenge is for you.
This yearly competition for schools takes the form of a simulator, where each team of four learners or students from the same school or institution are given an imaginary sum of R1 million.
With this imaginary amount the teams trade on the stock market and invest in actual JSE-listed shares over a six-month period. What they learn in this time has great potential to impact the South African economy positively in future.
Participation is open to school learners between Grade 8 and 12 as well as students from higher learning institutions. The various teams compete with other teams from schools and institutions, countrywide.
There are plenty of prizes to be won monthly. There are also annual prizes for top performing teams, schools, teachers and mentors.
The team that wins the JSE Investment Challenge receives cash deposits into an investment account for each of the team members and the top performing university team is awarded a trip to an international stock exchange.
Last year the challenge attracted more than 22 000 school learners and university students.
Corporate Social Investment (CSI) Officer at the JSE Ralph Speirs says the challenge, which runs from March to September each year, impacts more than just the lives of the young people who participate.
Through the learners’ and students’ participation the message is spread throughout their communities.
“We are calling on schools, teachers, and students to heed the call to register and acquire this knowledge and these skills this year,” Speirs says. “The long-term ramifications of what they learn will impact positively on their lives in the future.”
Learners can register online at www.schools.jse.co.za and university students at www.university.jse.co.za. For further enquiries, learners can send an email to [email protected], and university students can forward their enquiries to [email protected].
