What is KICU?


KICU is an acronym for Kasi Investment Club Umbrella; it is aimed at bringing together like minded people, it can be individuals or people belonging to different investment clubs such as stokvels interested to learn more about investment and savings. KICU provides tools, advice and resources to support the member clubs to achieve financial freedom and ensure the money they work hard for, works hard for them in return.

KICU provides an excellent opportunity for its member clubs/individuals to stay focused, gain experience and accelerate investment learning to share the load and pool their knowledge to learn more, with less time and effort than they can on their own. Social interaction with like-minded members also adds an important and enjoyable dimension to the club experience via seminars organised by KICU and its partners.  New investor clubs find that KICU provides a safe and supportive environment to learn the basics of investing and risks, while experienced investor clubs gain an opportunity to sharpen their investment skills.

All club members benefit in learning from other clubs, added buying power through a shared portfolio that enables clubs to invest and quickly build a diversified portfolio both in Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs). Among the numerous benefits of participating in KICU is the opportunity to gain knowledge. Many members come into KICU without any investment experience and no ability to choose ETFs or ETNs, and within a year or two they are investing both on their own as individuals and through their clubs,s

Another advantage is the ability to build wealth a few rands at a time. In many clubs, members start out small, investing R300 to R1000 a month or more. As they become more confident, they begin contributing more and more as they diversify their portfolios.

Many people join investment clubs to help them save. As KICU we help these clubs with guidance on how to set up these clubs and operate them efficiently. Investment clubs strongly reinforces a saving culture, because as a member you’re expected to attend club meetings and contribute. In a world where communication too often is limited to e-mailing, investment club participation is an opportunity to meet face-to-face regularly with people sharing like interests, friendships are a possibility in that sphere not like Facebook friends.

Some clubs/individuals take profits and use them to dine out or even go on a cruise vacation together or others such as stokvel clubs buy bulk groceries in December for sharing which minimizes the festive season spending. While others continue to make their money work for them by buying into properties and so forth

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