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“The securities exchange is not just for the elite but for anyone who has an interest in investing,” said Carla Smith, an eleventh-grade teacher at CI Gibson Senior High. Ms. Smith is one of more than a dozen business teachers coaching their classes through the Junior Investor programme, developed by leading investment and financial advisory firm CFAL, as a financial literacy competition that affords students an opportunity to manage a virtual $100,000 stock portfolio.
“It is an excellent programme,” said Smith. “CFAL should be commended for investing in the lives of the youth of the nation. As they deposit more into our young people, the interest will benefit our country greatly.”
As sponsor of the programme, CFAL donates the time of its securities analysts and traders to facilitate trade instructions and coach classes in the finer points of analyzing the Bahamian securities market and the global investment climate.
The winner of the programme, now past its halfway point, will be determined by the school that has the highest return for their portfolio while maintaining a balanced investment strategy. The school that finishes in first place will receive $3,000. Second and third place prizes are cash awards of $2,000 and $1,000 respectively. Members of past teams are also afforded internships at CFAL.
