Stokvel Seeking Better Returns Got Much, Much More!

I wish every Stokvel sees this newsletter, please share it broadly. It was back in April 2021 when this Stokvel wrote to us. See actual email at the end of this article. Seven of the nine members agreed to invest in an offshore tax free fund and we started the investments in February 2022. Below is the table showing just how much money members of the Stokvel have made in the almost 4 years since ThuthukaSA started investing for them. The table indicates returns of three members only.

  • They divided the money they had in the bank amongst themselves so initially, they all had lumpsums to contribute to their investment accounts
  • The growth is higher than the actual funds contributed for all of them

The fund that this Stokvel invested in was selected as the overall winner in the 5 Years Global Equity General category at the Fund Hub Industry Performance Awards.

See below a screenshot of the original email that we received from them:

We have omitted the name of the stokvel for confidentially.

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