Cementing Growth: Investment Strategies From South Africa

PIC manages the pension of South African civil servants. With its stash of patient capital, PIC has set its eyes on sub-Saharan Africa (SSA). In 2010 its mandate was changed to allow it invest 10 percent of its assets outside South Africa. It has invested $270m in Camac Energy and $250m in Ecobank, both companies are significantly exposed to Nigeria. More so, the government of South Africa, the ministry of finance to be specific, through its National Development Plan, is keen on making South Africa the hub for fund management in Africa. Hence PICs investment outlook beyond its domestic economy to other African markets, on the trail of MTN, Shoprite and Standard Bank. Another instructive https://www.facebook.com/TheElevationGroup thing about PIC is its focus on infrastructure investments within and outside South Africa. The boss of PIC contends that cement is the new gold. Imara, a pan-African investment and research firm says the cement industry in SSA is regarded as the worlds last cement frontier. Investing in cement companies exposed to Africa guarantees a considerable return on investment over a long-term.





The Multi-Strategy Growth & Income Fund Declares February 2014 Dividend





The value of a structured note will be influenced by time to maturity; type of note; market volatility; changes in the issuer's credit quality rating; and economic, legal, political, or geographic events that affect the reference index. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Multi-Strategy Growth & Income Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling (855) 601-3841 or visiting growthandincomefund.com. The prospectus should be read carefully before investing. The Multi-Strategy Growth & Income Fund is distributed by Northern Lights Distributors, LLC, member FINRA. RJL Capital Management, LLC is not affiliated with Northern Lights Distributors, LLC. 0780-NLD-3/5/2014 1. Interval Fund: An interval fund is a type of investment company that periodically offers to repurchase its shares from shareholders.