"The fund has something of a 'feel good' factor that states on its fact sheet: The fund is positioned to give investors a sense of pride in their growing nation" (Marc Ashton-Finweek)
Given the rampant infrastructure investments taking place throughout Africa, and the growing emphasis on socially responsible investments that benefit the broader community, a fund that fits both these criteria has become more suitable for investors. One such fund is the Stanlib Nationbuilder Fund.
This fund invests in equity and non-equity vehicles (the "fruits") which accrue from Government and private enterprise infrastructure investments (the "trees").
What is also quite interesting - in my view - is that the portfolio is positioned for the "aggressive" high risk - high return type of investor. The portfolio comprises Exxaro Resources (6.1%), Massmart Holdings (6%), AVI (5.75%) plus construction giants Group Five Holdings, Murray and Roberts and Aveng.
Asset managers advise investors to remain bullish (buy shares) on infrastructure developments in South Africa at this time as the prospects are "attractive."
Makoya Entrepreneurs promotes the culture of investment and saving, so these kind of investment options - particularly those that lean towards the economic development of South Africa - are strongly supported.
GIFT MPOSULA (MAKOYA ENTREPRENEURS)
