Monday, Sep 24, 2018
HomeLifestylesEducationSAC repeats as CFAL Junior Investor champion

SAC repeats as CFAL Junior Investor champion

St. Augustine’s College team members and their coach, Dianne Woodside, winners of the 2017-2018 CFAL Junior Investor Program, for the second consecutive year. CFAL

St. Augustine’s College (SAC) has repeated as the CFAL Junior Investor champion as the program wrapped up another round. The win is the sixth total for SAC.

And for the second year, R.M. Bailey High School’s team finished second, with C.V. Bethel High School walking away with a third place finish out of the 16 schools participating from Andros, Grand Bahama and New Providence.

During the year, students had an opportunity to learn about the various aspects of saving and the importance of research when making investment decisions. They also learned about some of the newest trends in the market such as cryptocurrency and blockchain technology.

Working as a group, students managed a portfolio of $100,000 and learned the importance of making the most out of every dollar. The CFAL Junior Investor Program’s (JIP) primary goal is financial literacy and encouraging the students to develop proper saving habits while they are in high school.

“Overall, the program continues to engage students as they see the value of investing wisely and having a diversified portfolio,” said Richard Pinder, chairman of the Junior Investor Program competition. “CFAL is proud to be a part of the future of the country as we seek to inspire the minds of tomorrow. We would like to thank and congratulate all schools, principals, teachers and students that participated this year and we look forward to another exciting year in the CFAL Junior Investor Education Program.”

The Junior Investor Program is designed to expose students to the various dynamics of The Bahamas’

financial industry. CFAL donates the time of its professionals to facilitate coaching in the finer points of analyzing the Bahamian securities market and the global investment climate. The program began in 2002 with four schools, and its expansion 16 years later has provided the students with the tools to not only understand the financial services industry, but to also manage their personal finances in the future.

JIP past winners

2017 — St. Augustine’s College

2016 — St. Paul’s Methodist College

2015 — St. Augustine’s College

2014 — St. Paul’s Methodist College

2013 — St. George’s High School

2012 — St. Augustine’s College

2011 — St. Augustine’s College

2010 — St. Augustine’s College

2009 — Jordan Prince William Baptist School

2008 — C.V. Bethel Senior High School

 

 

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