Saxon nurtures tomorrow’s investors

| 27/08/2009

(CNS): Students in the Cayman Islands will get a chance to dabble in the world of finance by maintaining a hypothetical portfolio in a programme spearheaded by Cayman Islands, Saxon Administration Ltd. (Saxon), agents for Silver Thatch Pensions. All year 10 and 11 students island wide are encouraged to start a chapter of the Saxon Investment Club at their school, where they will gain invaluable insight about investing in a hands-on environment, and at the same time get a shot at winning a trip to New York City. “Our current economic climate is one that can provide a great deal of insight and education in the business of investments,” remarked CEO of Saxon Brian Williams.


 “Investing in our local youth is paramount to Saxon’s dedication to give back to the community. Saxon wanted to form a club for students to learn about the importance of investing, and to spark an interest in a future career in one of the financial industries.”

Students who participate will be formed into small teams within their school’s club to develop and maintain a hypothetical portfolio by picking stocks in accordance with the current market. This in turn will require them toresearch the companies that they have chosen for their group’s portfolio. Along with competing for monthly performance prizes, the group with the highest-earning portfolio by the end of May 2010 will win a $3,000 cash prize, which will tentatively be used for a trip to New York City where students can visit the New York Stock Exchange and local universities.

Williams continued, “We are encouraging students to invest in companies they are familiar with for their portfolios. Seeing the success that they will achieve from a brand or product that they use on a daily basis will help to fortify the idea that there is an opportunity to capitalize on their interests.”

The club will also provide invaluable knowledge about sound financial investing and money management through the careful planning of each group’s portfolio.

Students can register by contacting Brian Williams at or by calling 749-2463. All schools are eligible to participate and must register by Tuesday, September 15th.


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