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INVESTING IN THE
NEXT GENERATION
‘The best way to improve lives is to improve public education.’ In keeping with these words by American business magnate and philanthropist Bill Gates, Sanlam Private Wealth has joined forces with Rondebosch Boys’ High School and renowned ceramicist Andile Dyalvane to assist a promising young learner from a disadvantaged background to attend the school for the next three years.
There is little that creates greater generational change than the opportunity of a good education. At Sanlam Private Wealth, we believe that as a business, we can help to bring about this change, and secure the future of our country by providing the next generation of young leaders with an excellent foundation.
It’s for this reason that we’re supporting the Altius et Latius Trust of Rondebosch Boys’ High School, which aims to provide bursaries for 50 learners from disadvantaged backgrounds to attend the school. The Trust also has partnerships in this regard with other schools – Rustenburg Girls’ High School and Vista Nova School for learners with disabilities.
‘The young learner we’re sponsoring is currently finishing Grade 9, and we’re looking forward to seeing him reach his full potential over the next three years. We’re proud to be able to make a difference in the life of this promising young man by providing him with a quality education he may not have otherwise been able to obtain,’ says Gavin Baguley, portfolio manager at Sanlam Private Wealth and himself an alumnus of Rondebosch Boys’ High School.
Master ceramicist Andile Dyalvane, with whom we have collaborated in various projects over the past two years, will mentor the learner, who has a strong aptitude for art, over the course of his school career. For Andile, helping the next generation ties in with his ethos of camagu, or gratitude – a signature line that runs through all his projects.
‘My success is because of those who came before me – they paved the way for us to be able to continue where they left off. In the same way, it is a privilege for me to now pay it forward to the next generation, giving those who come after us a hand up,’ he says.
If you own a business and would like to support the Altius et Latius Trust, you can arrange for funds to be allocated to support deserving students. You can contribute in three ways:
How it works: Your business allocates funds to the Trust, which distributes the funds to support previously disadvantaged learners to attend one of the three schools. The Trust provides the documentation to meet your B-BBEE requirements, which can be vetted and confirmed by your verification professional prior to making any commitment. In short, investing in these bursaries meets the criteria for B-BBEE points. Since the Trust is a registered Public Benefit Organisation, any monies paid are tax deductible and a Section 18A certificate will be provided.
You can support specific areas of interest (sport, cultural or academic) and will receive feedback on the overall programme and the progress of learners you support.
To find out more, you can watch a short video clip here.
In the words of former President Nelson Mandela: ‘Education is the most powerful weapon which you can use to change the world.’ If you’d like to make a difference, please contact Gavin Baguley at gavinba@privatewealth.sanlam.co.za or +27 (0)21 672 1880.
We constantly challenge the norm. Our investment process is a thorough and diligent one.
Michael York has spent 21 years in Investment Management.
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Sanlam Private Wealth (Pty) Ltd, registration number 2000/023234/07, is a licensed Financial Services Provider (FSP 37473), a registered Credit Provider (NCRCP1867) and a member of the Johannesburg Stock Exchange (‘SPW’).
MANDATORY DISCLOSURE
All reasonable steps have been taken to ensure that the information on this website is accurate. The information does not constitute financial advice as contemplated in terms of FAIS. Professional financial advice should always be sought before making an investment decision.
INVESTMENT PORTFOLIOS
Participation in Sanlam Private Wealth Portfolios is a medium to long-term investment. The value of portfolios is subject to fluctuation and past performance is not a guide to future performance. Calculations are based on a lump sum investment with gross income reinvested on the ex-dividend date. The net of fee calculation assumes a 1.15% annual management charge and total trading costs of 1% (both inclusive of VAT) on the actual portfolio turnover. Actual investment performance will differ based on the fees applicable, the actual investment date and the date of reinvestment of income. A schedule of fees and maximum commissions is available upon request.
COLLECTIVE INVESTMENT SCHEMES
The Sanlam Group is a full member of the Association for Savings and Investment SA. Collective investment schemes are generally medium to long-term investments. Past performance is not a guide to future performance, and the value of investments / units / unit trusts may go down as well as up. A schedule of fees and charges and maximum commissions is available on request from the manager, Sanlam Collective Investments (RF) Pty Ltd, a registered and approved manager in collective investment schemes in securities (‘Manager’).
Collective investments are traded at ruling prices and can engage in borrowing and scrip lending. The manager does not provide any guarantee either with respect to the capital or the return of a portfolio. Collective investments are calculated on a net asset value basis, which is the total market value of all assets in a portfolio including any income accruals and less any deductible expenses such as audit fees, brokerage and service fees. Actual investment performance of a portfolio and an investor will differ depending on the initial fees applicable, the actual investment date, date of reinvestment of income and dividend withholding tax. Forward pricing is used.
The performance of portfolios depend on the underlying assets and variable market factors. Performance is based on NAV to NAV calculations with income reinvestments done on the ex-dividend date. Portfolios may invest in other unit trusts which levy their own fees and may result is a higher fee structure for Sanlam Private Wealth’s portfolios.
All portfolio options presented are approved collective investment schemes in terms of Collective Investment Schemes Control Act, No. 45 of 2002. Funds may from time to time invest in foreign countries and may have risks regarding liquidity, the repatriation of funds, political and macroeconomic situations, foreign exchange, tax, settlement, and the availability of information. The manager may close any portfolio to new investors in order to ensure efficient management according to applicable mandates.
The management of portfolios may be outsourced to financial services providers authorised in terms of FAIS.
TREATING CUSTOMERS FAIRLY (TCF)
As a business, Sanlam Private Wealth is committed to the principles of TCF, practicing a specific business philosophy that is based on client-centricity and treating customers fairly. Clients can be confident that TCF is central to what Sanlam Private Wealth does and can be reassured that Sanlam Private Wealth has a holistic wealth management product offering that is tailored to clients’ needs, and service that is of a professional standard.