No Withdrawal Penalties At SIMS

FRANCISTOWN: Stanbic Investment Management Services (SIMS), a subsidiary of Stanbic Bank, will soon launch an equity fund to offer more options in the bank's fund investment services.

SIMS Broker Consultant, Thabo Moipolai, revealed this last Thursday when presenting the unit trust to potential customers at Marang Residency, a part of Marang Hotel, in Francistown. Moipolai told Monitor Business that the equity fund would be launched in a month's time "if the regulator gives us the go ahead."  

He said the equity fund will offer investors further options in the product range offered by SIMS. SIMS was presenting its new products, the Managed Prudential Fund and the Money Market Fund, which are intended to offer investors more options in its product range. 

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

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