In This Issue

1. Welcome

2. Asset Under Management Update

3. Investment Management Intern

4. Product Development

5. Comments & Suggestions

 

1. Welcome

We welcome you to the fifth Newsletter of LEGACY AFRICA Fund Managers. The purpose of the Newsletters is to keep you abreast with salient developments that arise in the course of LEGACY AFRICA’s business operations.

2. Assets Under Management Update

At the end of 2015 LEGACY AFRICA's assets under management comprised of six institutional mandates since going to the market in August 2013. During the latter part of 2015 LEGACY AFRICA attained an undertaking for a seventh institutional mandate. These investment mandates are in respect of South Africa listed equity.

3. Investment Management Intern

Nongcebo Mkhwanazi joined LEGACY AFRICA in September 2015 for a period of a year. Nongcebo, 23 years old in 2016, is the company's first intern and is currently enrolled with the University of Johannesburg for a Certificate in the Theory of Accounting (CTA). She is an aspiring Chartered Accountant.  

4. Product Development

The Financial Services Commission in Mauritius authorised AFRICA LEGACY FUND on 12 January 2016, a Collective Investment Scheme, set up by LEGACY AFRICA.

5. Comments, Suggestions & Questions

We welcome your thoughts and suggestions about the Newsletter and how it can be improved to serve our readers better. Please send in your comments, suggestions and/or questions to This email address is being protected from spambots. You need JavaScript enabled to view it.

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