Media Release: Satrix Partners with Mustard Seed to empower young professionals with financial literacy.

South Africa, 27 September 2022: Mustard Seed has partnered with Satrix, South Africa’s leading provider of index-tracking products, to bring engaging investing, leadership and entrepreneurial content to young professionals through two interactive events. 

Known for facilitating mentorship access through networking events and engagements, Mustard Seed provides a digital platform of support, leadership and mentorship for discerning young entrepreneurs, investors, and professionals on a career change journey. The organisation focuses on engaging its audience on topics which include investing, leadership, career growth, entrepreneurship, and venture capital. 

These engagements take place via social media platforms and through two in-person events held in partnership with Satrix. 

René Basson, Head of Brand at Satrix says, “Mustard Seed is making an impact through empowering and educating young professionals about investing, leadership, and entrepreneurship. This vision resonates very closely with our values aimed at making a difference through financial education and access to financial markets. We are pleased to be partnering with the organisation.”

On 22 October 2022, Mustard Seed will host its first event in partnership with Satrix, titled Venture Capital 101. In this session Duma Mxenge, Business Development Manager at Satrix, will lead the investments discussion with a deep dive into all things indexation. He will break down some of the technicalities of index investing, talk about the differences between exchange traded funds (ETFs) and unit trusts and the benefits of incorporating these in your investment portfolio. 

Thandeka Xaba CA (SA), Managing Partner at Digital Africa Ventures will co-host the discussion with Mxenge, exploring the basics of venture capital (VC), explaining the different funding rounds and the general criteria necessary for entrepreneurs to attract VC funding. Both hosts will take audiences on their investing journey. 

“Partnering with the multi award-winning business and leading provider of index-tracking investment products and ETFs in South Africa was a no brainer. Our continent is in need of financial education, and I think we are making steady strides in alleviating this issue,” says , founder of Mustard Linda Omara Koledade. 

The first event kicks off on 22 October 2022 at 9am. To register to attend the Venture Capital 101 discussion, click here: Mustard Seed Events

For more information visit Mustard Seed Website

About Satrix

Satrix is the leading provider of index-tracking investment products and exchange traded funds (ETFs) in South Africa, with over R150 billion in assets under management invested in the range of ETFs, index-tracking unit trusts, life pooled and segregated portfolios that are specifically tailored for client-specific mandates or retail funds. 

It pioneered index investing in South Africa, launching the flagship Satrix 40 ETF as the first locally listed ETF in November 2000. The business services the institutional, intermediary and individual investor markets. Satrix has proven expertise in risk management, portfolio analysis and index construction.

A core part of the Satrix purpose is to drive the democratisation of investments for all South Africans, where SatrixNOW, the no-minimum online investing platform, is a key enabler to provide access for South Africans to “Own the Market”.

Satrix holds the largest market share in the ETF industry in South Africa at nearly 30% and was the most successful raiser of new capital in 2021, at R4.7 billion. Additionally, the multi-award-winning business has grown assets under management by 50% since the beginning of 2020, under some of the most challenging market conditions in history.  

Visit www.satrix.co.za

Disclosure

Satrix Investments (Pty) Ltd is an approved financial service provider in terms of the Financial Advisory and Intermediary Services Act, No 37 of 2002 (“FAIS”). Satrix Managers (RF) (Pty) Ltd (Satrix) is a registered and approved Manager in Collective Investment Schemes in Securities. A schedule of fees can be obtained from the Manager. This is a South African - Equity - Large Cap fund.  Maximum fund charges is 0,10% (incl. VAT). Full details and the basis of the award are available from the manager. The information does not constitute advice as contemplated in FAIS. Use or rely on this information at your own risk. Consult your Financial Adviser before making an investment decision. While every effort has been made to ensure the reasonableness and accuracy of the information contained in this document (“the information”), the FSP’s, its shareholders, subsidiaries, clients, agents, officers and employees do not make any representations or warranties regarding the accuracy or suitability of the information and shall not be held responsible and disclaims all liability for any loss, liability and damage whatsoever suffered as a result of or which may be attributable, directly or indirectly, to any use of or reliance upon the information.