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
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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