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Empowering Gen Z Through Financial Literacy
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Unlocking the Path to Investing in Managed Portfolios
Oct 23, 2024
Finance 2 minutes read
Recent surveys spotlighting the investment habits of young South Africans across diverse industries have exposed a prevailing fear of investing that casts a shadow over many. This apprehension stems from a trust deficit eroding investor confidence, with 14% expressing fear of losing money to unfavorable investments, 5% worrying about fund inaccessibility, and 11% intimidated by the perceived complexity of investing.
This fear-induced hesitancy prevents a substantial number of South Africans from embarking on their investment journey, creating a divide between their present selves and the potential investors they could become.
According to data from the Inter-bank Settlement System (IBSS), active bank accounts in reached 133.5 million as of December 2021. In contrast, the number of mutual fund unit holders during the same period was only about 457,256 individuals, indicating that a mere 0.23 percent of the population invests in mutual funds. This stark contrast underscores the limited penetration of mutual funds in the country.
To bridge this gap and allay investment fears, we introduce Managed Portfolio – a novel investment avenue designed for investing in mutual funds. Managed Portfolio is an intelligent, diversified portfolio crafted with a purpose: to simplify the investment process, manage risks effectively, and pursue long-term growth. It offers a smart solution for the modern generation of investors, enabling them to invest in a curated selection of mutual funds, thus easing the mental burden of decision-making.
Trust is the invaluable currency at the core of a Managed Portfolio. Similar to how smart devices enhance daily living, a Managed Portfolio simplifies investing, making it more manageable and rewarding. Here are three compelling reasons why:
1. **Simplicity in Investing:** Managed Portfolio is tailored to simplify the investment journey. Its user-friendly approach enables even novice investors to navigate the process seamlessly.
2. **Risk Management:** The smart design of Managed Portfolio includes a thoughtful approach to risk management. By offering a diversified portfolio, it minimizes exposure to individual market fluctuations, enhancing overall stability.
3. **Long-Term Growth:** With a focus on long-term growth, Managed Portfolio aligns with the financial goals of investors. It provides a strategic investment path for those seeking sustained financial prosperity.
**How to Invest in a Managed Portfolio:**
1. Log in to the investment platform.
2. Navigate to the Managed Portfolio section.
3. Choose your preferred portfolio.
4. Review the composition of your selected portfolio.
5. Indicate the investment amount and select the payment method.
6. Confirm and invest.
Congratulations! You've successfully made your first investment in a Managed Portfolio.
In conclusion, while the current economic challenges in South Africa may make investing seem daunting, it is essential to recognize that opportune moments for investment always exist. Managed Portfolio emerges as a timely solution, empowering investors to navigate these uncertain times and unlock the potential for financial growth.
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