Beware of "JSE Investment" scams

The JSE Limited/ Johannesburg Stock Exchange (JSE) is aware of a several scams (on Telegram and WhatsApp) posing as authorised JSE investment schemes and/or using the names(s) of JSE Executives (including our CEO, Leila Fourie).

In these investment scams, potential investors are urged to deposit money into a bank account and promised quick and guaranteed returns on their investment. These types of groups are not authorised by the JSE and the investments referred to are not authorised or endorsed by the JSE or any members of the JSE Executive. The JSE does not recruit investors in this manner.

The only way to invest on the JSE is via an authorised JSE stockbroker. A list of stockbrokers can be found on www.jse.co.za and then click on 'find a stockbroker' and you will find a list of stockbrokers in your area who will help you to open an account and you can begin your investment journey with the JSE.

Should you suspect a false investment scam group, please report these to the JSE at [email protected].

An Actively Managed Certificate (AMC) is an instrument that offers investors exposure to the performance of a single portfolio of underlying assets which is discretionarily managed by a third-party in terms of a pre-determined strategy.

Who is this for?

AMCs are used by professional and individual investors wishing to gain exposure to assets managed according to a specific active investment strategy via a listed instrument

Features:

  • Provides exposure to various underlying instruments, local and international, within a portfolio which are managed according to an active investment strategy.
  • Issued by banks regulated under the Banks Act of 1990 or the equivalent foreign legislation for foreign issuers.
  • AMCs promise the performance of the underlying reference portfolio, which is managed by an independent third-party who must implement the strategy as determined by the investment mandate of the reference portfolio.
  • The independent third-party manager may be:

    (a) Cat II discretionary FSP, authorised by the FSCA;
    (b) A Member of the JSE, authorised to manage discretionary funds
    (c) Any foreign manager with the equivalent status.
     
  • Listed, traded, and settled in Rands.
  • Market maker presence to ensure adequate liquidity.
  • Are well-regulated by the JSE.

How to get it:

 

 

 

AMC List
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