Investment platform Altvest has launched its Altvest Orient Opportunities Fund (AOOF), a move aimed at connecting South African investors to the Chinese market. Altvest aims to democratise investment opportunities for South Africans. Here’s what you need to know about the fund and why you should be taking notice.
What is the Altvest Orient Opportunities Fund?
The AOOF is an investment fund that will allow investors, particularly South African investors to invest their savings in the booming Chinese markets. The primary focus of the AOOF will be to find exciting start-up companies in China that have either developed tech, invented an amazing medicine, or some other innovative ideas. It will also invest in Chinese stock markets. It is a venture capital fund which will allow investors to invest in what our partners (RisCura) have earmarked as promising Tech and Green energy start-ups, giving South African investors early access to a company which will eventually become public, but much earlier than the rest of the investing community, and so able to capitalise on an opportunity for a fantastic return.
Who is RisCura?
RisCura is an investment advisory and asset management business assisting investors from across the world to make good investment decisions. They service some of Africa’s largest investors and have boots on the Ground in South Africa, USA, London, Hong Kong and mainland China.
What are class D shares?
Altvest Capital creates instruments (shares) that give the buyers of those shares economic exposure to an investment theme or asset. We give them different names – Class A gave exposure to Umganu Lodge, Class B gave exposure to Bambanani Family Group, and Class C gave exposure to our Altvest Credit Opportunities Fund. Class D is the share that will be listed, which investors wanting exposure to AOOF will invest in.
Why should I invest in AOOF?
The world of investments is vast and opportunities for wealth creation are found across the globe. For ordinary South Africans, these are difficult to access or too expensive. AOOF provides access cheaply, efficiently, and safely to one of the fastest-growing and developing markets in the world. Chinese entrepreneurs, particularly in tech and healthcare, are creating ideas and products that will change the world. You get an opportunity to invest in these before the rest of the world gets to know about them.
What are the main sectors of investment?
AOOF will focus on 3 core sectors. These are:
- Technology (AI, semiconductor chips, robotics etc.)
- Health Care (Vaccines, cancer treatments, and other new medicines)
- Renewable Energy (Electric vehicles and other technologies)
How do I invest?
We intend to list the Class D shares on the Johannesburg Stock Exchange (JSE). To acquire shares on the JSE you need a brokerage account with an accredited broker. Most banks offer their clients brokerage accounts as part of their service offerings. An excellent broker, especially for first-time investors, is EasyEquities.
Readers are encouraged to check out EasyEquities or the list of accredited JSE brokers here.
Alternatively, reach out to your financial advisor or our team at Altvest Capital would assist. We can be reached at [email protected]
What are the fees?
Fees to invest in the Class D share will be:
Set-up fee: 2 per cent of the amount you invested
Annual fee: 1 per cent per annum
Profit share: Altvest will share 5 per cent of the profits made but only after delivering at least 10 per cent to investors.
What is AOOF and why should you care?
The AOOF is an investment fund that will allow investors, particularly from South Africa, to invest their savings in the booming Chinese markets. The primary focus of the AOOF will be to find exciting start-up companies in China that have either developed pioneering technology, invented groundbreaking medicines, or some other innovative ideas.
AOOF will focus on 3 core sectors.
- Technology (AI, semiconductor chips, robotics etc.)
- Health Care (Vaccines, cancer treatments, and other new medicines)
- Renewable Energy (Electric vehicles and other technologies)
You can invest through EasyEquities or through an accredited JSE broker. Alternatively contact: [email protected] for help.
