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PLAY THE SHARE MARKET, WIN PRIZES, WITH SA’S HOTTEST NEW GAME – FANTASY FUND
MANAGER

18th April 2023 by Editor BizNews
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Always wanted to play the share market but never known how to? Fantasy Fund
Manager, a new game which borrows from its wildly popular Sports equivalents, is
a fun and free introduction to investing in equities – and easy as pie to
participate. In this interview Corion’s Garreth Montano tells Alec Hogg of
BizNews what the game is about, where the idea came from, how it works and the
prizes on offer. Sign up now, challenge your pals and have fun while you get to
learn about the share market, the greatest game on earth.




Some extracts from the interview below

Garreth Montano on why the Fantasy Fund Manager game is being launched

So, the primary drivers are really around educating and getting new market
participants involved in financial markets generally. Corion and I think that
the partners that we’ve partnered with here in BizNews, as our media partner and
then our platinum sponsors, which I’m sure we’ll touch on a bit later. I think
everyone is passionate about educating, and improving financial literacy. There
is, as you know, a lot of media coverage around the dire savings problem that we
have in South Africa. And I think education is a big part of what we’ve got to
do to get to the next level of investors involved in financial services, to get
educated and to get an understanding of how important saving is. So in mixing
and marrying a game and an educational concept around investing, we are very
excited about people that we can reach.



On demystifying and decoding investing for everyone

I think the financial services industry as a whole is obviously a highly
regulated industry and there’s often impediments to how we market relative to
some of the less mainstream concepts. But I think that shouldn’t stop us from
pushing the bounds a little bit. And I think that’s what we’ve done, we’ve tried
to create a simple interface to allow people access to markets that they’re
often afraid of. In a fun way you get to have a look at and invest in companies,
you get to compete against friends, families, peers and even against
professionals like Piet Viljoen. So we think we’re ticking all the boxes. 

The most important thing is really to demystify and try to help decode
investing. We see a lot of people exposing money in the market, whether it be
the crypto market, which just gained massive traction in the retail base, a lot
of people are investing. And we’ve got a very evolved financial services
industry in South Africa – unbelievable exchanges now, not just one exchange.
And we are hoping that we’re going to get a lot more people interested in the
stock market.

> Read more: Local is lekker again: March’s pullback in SA stocks makes them a
> ‘buy’ – Bacher

On the format of stock picking

So, the format of the game is that you pick your six shares on day one. And as I
mentioned earlier, there is a weekly competition, a monthly competition and then
the six month grand prize – obviously to be eligible for the six month grand
prize, you need to have been there from the outset. However you are able, once
you’ve entered to change your shares on a weekly basis and you’re also able to
participate in the weekly and monthly competitions even if you missed the start
of the competition. So there is something for everyone, there’s something for
the early birds and the guys who are really enthusiastic, with their eye on the
big prize. But then also as we go along, you know, people who want to come in
and out of the competition, there’re still incentives along the way.

> Read more: Corion’s David Bacher unpacks Feb’s Resources Rout – points us to
> fresh investment opportunities

How many stocks can be selected from each sector

Ten stocks per sector. And what we’ve also tried to achieve through the game,
through BizNews as a partner, is to have interactions. So we are going to have a
weekly report back on the rankings and leaderboard, the best performing shares,
who’s picked which share percentages, and who has invested in different shares
so that people can get insight as to what their peers are doing and then also
get word from the professionals themselves, including our sponsors and what they
think are good picks, and what they’re looking at in the market. So we’re really
trying to engage as much as possible.  

> Read more: Corion’s review of 2022 for SA investors – local was lekker and a
> big shout out for Fairtree, PSG

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our very own Alec Hogg.

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