Tuesday, 24 February 2015 - 20:00
Seed Weekly - The Value of Good Advice
Placing a value on good advice is never a straightforward calculation to make. There are, however, several areas in which good advice can prove to add tremendous value.
1. Retirement planning
This is generally the 1st step where advice can add value and lays the groundwork for most of the work that follows. We use a variety of tools and methods to make an informed recommendation to our clients. Having an idea (without being able to see what the future holds) of what is needed to reach your objectives removes much uncertainty. A typical retirement plan will have reference to the estimated asset level compared to the level required over time with a graph detailing the recommended composition of the portfolio in the future:
2. Investment consulting, asset allocation & portfolio risk
Once the above has been done, and we know what objectives we need to reach, it is time to decide on the best way to get there. This step generally involves analysing which vehicles will be best suited to your needs, the amount of risk allowed in the portfolio and also a general medium-long term outlook of the manner in which the portfolio will be managed. One of the more important parts of this step is the discussion to be had regarding the risk in the portfolio and the suitability thereof to the client. We place great emphasis on ensuring the level of risk in portfolios reflect the needs of the client.
Your personalised investment plan will always be broken down between strategies and asset classes.
3. Manager selection
Once an appropriate investment strategy has been established, and it is known what the recommended asset allocation needs to be, the manager of the underlying asset classes needs to be appointed. At Seed we are very fortunate to have a great team of researchers and investment professionals whose full time job it is to do research on the best investment options available to our clients. The allocation to the chosen managers and asset classes are done mostly in our funds. This allows for a very efficient management of client portfolios as the manager allocation within the portfolios and the asset class exposure is continuously managed and monitored.
4. Risk/insurance consulting
We have recently embarked on increasing the offering to our clients by adding risk consulting to our stable of services. This allows us to assist clients in the servicing of risk needs including life insurance, income protection, key person insurance, buy-sell agreements and contingent liability cover. We look forward to assisting our clients in this regard going forward.
5. Succession & estate planning
Although Seed doesn’t perform this service directly we use the expertise of a well-respected firm specialising in estate and succession planning. We are trained to recognise gaps in the existing structure and could recommend the action steps needed to ensure your affairs are in order.
The last point relates to the fact that it offers tremendous peace of mind knowing that someone you know and trust is looking after your financial portfolio and is acting in your best interest. We spend considerable effort in the alignment of our business interests to that of our clients and believe that fostering personal relationships with our clients goes a long way to ensure trust is built up and maintained. This qualitative factor is a non-negotiable for us.
At Seed we have refocused our efforts on ensuring that our clients are afforded a level of service second to none, we encourage you to watch this space closely as we re-develop our service offering over the next few months.
021 914 4966
Tue, 24 Feb 2015
South Africa's rand gained on Tuesday supported by better-than-expected fourth quarter economic growth numbers but traders remained cautious ahead of a budget speech the next day.
In economic news, South Africa’s GDP for the fourth quarter last year grew by 4.1%, while manufacturing increased by 9.5% for the first time in a year.
A Los Angeles-bound commuter train slammed into a tractor trailer stopped on the tracks in Oxnard, California, during the morning rush hour on Tuesday, injuring more than 30 people, some of them seriously, authorities said.
Iran's nuclear negotiator promised speedier cooperation with the International Atomic Energy Agency on Tuesday, days after the U.N. watchdog said Tehran was continuing to stall parts of an investigation into its nuclear programme.
Indonesia's president said on Tuesday the planned execution of 11 convicts on death row, most on drugs charges, would not be delayed, warning foreign countries not to intervene in his government's right to use capital punishment.
World Markets (Spot Prices)
|JSE Top 40||17:00||47178.36||15.26||0.03%|
|JSE Indust 25||17:00||66540.28||-291.41||-0.44%|
|Rand / Dollar||19:59||11.4837||-0.1378||-1.19%|
|Rand / Pound||19:55||17.7224||-0.2146||-1.20%|
|Rand / Euro||19:55||13.0172||-0.1633||-1.24%|
|Rand / NZD||19:59||8.5859||-0.1627||-1.86%|
|Rand / AUD||19:55||8.9759||-0.0966||-1.06%|
|Yen / Dollar||19:59||118.8840||0.0400||0.03%|
|Euro / Dollar||19:59||0.8820||-0.0002||-0.02%|
|Dollar / Euro||19:59||1.1335||-0.0001||-0.01%|
|Pound / Dollar||19:55||0.6462||-0.0006||-0.09%|
Click here for the Sharenet Spot Price page
The JSE Today
* Includes all listed instruments on the JSE
|Index Name||RP||Move||% Move|
|Financial & Ind. 30||71,128.20||-214.17||-0.30%|
|Oil & Gas ||32,219.31||-1258.13||-3.76%|
|Oil & Gas Producers ||17,323.73||-676.47||-3.76%|
|Basic Materials ||25,634.28||554.92||2.21%|
|Forestry & Paper ||40,069.80||621.45||1.58%|
|Industrial Metals ||13,311.63||-19.81||-0.15%|
|General Industrials ||169.05||-.53||-0.31%|
|Consumer Goods ||66,299.24||-226.09||-0.34%|
|Automobiles & Parts ||7,855.41||43.03||0.55%|
|Health Care ||11,374.53||84.64||0.75%|
|Index Name||RP||Move||% Move|
|Food Producers ||9,514.05||13.16||0.14%|
|Personal Goods ||1,031.22||-14.68||-1.40%|
|Consumer Services ||15,899.25||-70.47||-0.44%|
|General Retailers ||86,388.85||-439.86||-0.51%|
|Travel & Leisure ||6,459.42||-62.30||-0.96%|
|Support Services ||2,802.18||-36.85||-1.30%|
|Non-life Insurance ||58,412.68||987.71||1.72%|
|Life Insurance ||42,004.89||10.50||0.03%|
|General Financial ||4,077.67||-21.75||-0.53%|
|SHARIAH TOP40 ||3,718.61||19||0.52%|
|FTSE/JSE SHARIAH ALL||3,987.61||18||0.46%|
|FTSE JSE Fledgling ||6,868.42||-24||-0.35%|
|FTSE/JSE Alt X ||1,490.34||-5||-0.32%|
|SA LISTED PROPERTY ||647.70||0.81%|
|CAPPED PROPERTY ||560.68||0.71%|
|FTSE/JSE RAFI 40||10,093.90||2||0.02%|
|Capped Top 40||25,186.01||8||0.03%|
|Capped All Share||27,072.71||19||0.07%|
|JSE TABACO ||8,530.63||3||0.03%|
Click here for the Sharenet Index Summary page
Latest Consensus Changes**
|RCL||RCL FOODS LIMITED||SELL||23/02/2015|
|KAP||KAP INDUSTRIAL HLDGS||HOLD||23/02/2015|
|TRU||TRUWORTHS INTERNATIONAL L...||BUY||23/02/2015|
|SGL||SIBANYE GOLD LIMITED||HOLD||23/02/2015|
|CFR||COMPAGNIE FIN RICHEMONT||HOLD||23/02/2015||
|Expected||Company Name||Fin. Date|
|25/02/2015||GRINDROD||December 2014 (Final)|
|25/02/2015||GRINDROD PREF||December 2014 (Final)|
|25/02/2015||M-R-HLD||December 2014 (Interim)|
|25/02/2015||MUSTEK||December 2014 (Interim)|
|26/02/2015||ASCEN A||December 2014 (Interim)|
|DELTA INT||05/02/15||20/02/15||02/03/15||USD 0.0663|
|SHOPRIT 5%||05/02/15||20/02/15||02/03/15||ZAR 0.0500|
|SHPRT 2ND5||05/02/15||20/02/15||02/03/15||ZAR 0.0500|
|RARP||Rare Holdings Ltd.||24/02/2015||Confirmed|
|RAR||Rare Holdings Ltd.||24/02/2015||Confirmed|
|JDG||JD Group Ltd.||25/02/2015||Confirmed|
|JDGCB||JD Group Ltd.||25/02/2015||Confirmed|
|TLM||TeleMasters Holdings Ltd.||25/02/2015||Confirmed||
Stock Exchange News Service
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