In This Issue

1. Welcome

2. Asset Under Management Update

3. Comments & Suggestions

MD’s Message 

It is my greatest pleasure to introduce to you LEGACY AFRICA Fund Managers (Pty) Ltd (“LEGACY AFRICA”). Although LEGACY AFRICA was formally registered in April 2012 as a private company, it only became active in January 2013 when its founder, Godwin Sepeng, applied to the Financial Services Board of South Africa for a license to provide investment management services. 

LEGACY AFRICA was licensed in August 2013 as a Financial Services Provider (“FSP”) in terms of the Financial Advisory and Intermediary Services Act of 2002 (FAIS Act) with the FSP Number 44651. LEGACY AFRICA is 100% owned and managed by Africans, with the ambition of building a leading and preferred African investment management business. Our client target market consists of long-term investors that would like to benefit from investment opportunities presented by our beautiful continent, Africa. 

As a long-term investor, LEGACY AFRICA is a firm believer in sustainability, be it in our own operations or in our investment companies. It is with this in mind that we affirm to the Principles of Responsible Investing (“PRI”), backed by the United Nations, and hence we have submitted an application to be a signatory to the PRI. We will also be adopting and applying the Code of Responsible Investing in South Africa (“CRISA”) in the near future. 

LEGACY AFRICA aims to provide a superior service to our clients because at the end of it all, we are a business because of our clients. That is why we have designed our day-to-day operations to be online (i.e. in the ‘cloud’) so that we will be able to respond to our clients’ needs from anywhere and at anytime. 

Last but certainly not least, LEGACY AFRICA continually strives to become a good corporate citizen by playing a positive role not only in our industry of investment management, but broadly in the society of Africa. 

I once again would like to welcome you to the website of LEGACY AFRICA and hope you will visit us regular to follow our journey. Please subscribe to our monthly newsletter for developments at LEGACY AFRICA and to our quarterly featured article for industry developments. Thank You