Individuals who wish to become a member of this club, will be required to apply.
Individuals who are in accordance with the application criteria will then receive an invitation to become a member of the club.
As this investment club is conveyed through a private company, the investment intricacies and legalities will become known to this invited individual.
There will be full disclosure made to the invited individual before signing the Deed of Adherence to the Shareholders’ Agreement, to uphold full transparency.
3. Monthly contribution
Members will be required to pay monthly contributions of R 1000 for a period of 10 years.
They will receive equal shareholding in Thousand1000 Capital (Pty) Ltd and will only receive dividends after the 10-year period.
The capital used to engage in investment activities will primarily be insourced by the shareholders.
We invest in three core areas we believe are the key to unlocking value in the South African township economy.
JSE Listed Shares
We will invest in companies that are ‘Balance Sheet lazy’. These are companies with little to no debt, display consistent earnings and pay high dividends.
T1C will look to take advantage of the opportunity that avails itself in the family rental market as well as the student market in and around institutions of higher learning in or near townships.
The biggest opportunity to date that we have identified is in the number and quality of investible opportunities that are in the informal and semi formal township sector. We look to exploit these opportunities and contribute in adding more formality and capital to this exciting space.