THE JAMAICA STOCK MARKET ‘WEALTH CREATION & PROTECTION Our Mission: “To provide a fair, efficient and transparent stock market”

THOUGHTS ON GROWTH AND CHOICE Benjamin Franklin said: “Without continual growth and progress, words such as improvement, achievement and success have no meaning.” George Elliott, famous writer, said: “The strongest principle of growth lies in the human choice” Anonymous: “Life is change. Growth is optional. Choose wisely.” “To provide a fair, efficient and transparent stock market”

“To provide a fair, efficient and transparent stock market” WHAT IS WEALTH? Learning is the beginning of wealth and ‘an investment in knowledge pays the best interest’ – Benjamin Franklin Accumulation of Resources Measured over time and by purchasing power Maintained by ability of net-worth to keep ahead of inflation “To provide a fair, efficient and transparent stock market”

“To provide a fair, efficient and transparent stock market” HOW IS WEALTH CREATED? Acknowledge the place of saving in accumulation of fund Investment and the returns on investment Forms of investments ranging from real estate, directly or indirectly in businesses Investing in shares/equities – powerful medium for good returns; Outperforms any other form of investment in the long-run “To provide a fair, efficient and transparent stock market”

ROLE OF THE STOCK EXCHANGE Provides a safe and efficient medium for investors to invest Efficient trading & Settlement platform (ease of buying & selling) Robust regulatory machinery (market confidence) Products available – shares in companies (equities and preference) Debt market - Bonds “To provide a fair, efficient and transparent stock market”

ROLE OF THE STOCK EXCHANGE Provides investors with a market where shares are traded & other financial securities are bought & sold Gather the savings of the nation by bringing potential buyers & sellers together Pass capital on efficiently & fairly Attract primary capital & re-channel resources to productive economic activities Provide option for financing “To provide a fair, efficient and transparent stock market”

ROLE OF THE STOCK EXCHANGE - INVESTORS Ownership in companies Wealth creation potential Liquidity Efficiency in transferring ownership Diversification – invest in different industries “To provide a fair, efficient and transparent stock market”

WEALTH CREATION -ADVANTAGES Equities out-perform other forms of investments; edge against inflation Over the long-run the stock market offers best opportunity & possibilities for wealth creation and retention Provides multiple forms of increase in income: Share price appreciation Dividend /Bonus Shares Tax Benefits Diversification of investment portfolio “To provide a fair, efficient and transparent stock market”

WEALTH CREATION & RETENTION-ADVANTAGES Diversification of investment portfolio – Value retention & edge against decline in individual stocks Provide mechanism through JCSD for safe and efficient means of holding shares and transferring ownership Provide a compensation fund for investors who suffer loss due to broker malfeasance . “To provide a fair, efficient and transparent stock market”

PROTECTION THROUGH THE STOCK EXCHANGE –COMPANIES Raise capital – expansion, refinance product development Enhance corporate profile Efficiency of transferring ownership Broaden ownership base – develop and expand ideas Market valuation Provide an avenue to reduce debt and interest payment “To provide a fair, efficient and transparent stock market”

“To provide a fair, efficient and transparent stock market” PERSONAL ROLE ? Get involved in investments that are regulated & legitimate Shop around for broker (s) who offer best service and price Read extensively and follow your investment Overtime create a good portfolio by product and industry diversification Take advantage of both the primary and secondary market Keep your investments physically secure “To provide a fair, efficient and transparent stock market”

“To provide a fair, efficient and transparent stock market” MARKET PERFORMANCE JM companies raised $6b Equity & Debt 30 JM companies: 34 equity; 2 debt New accounts 21,000 new accounts Tax contributions NHT , PAYE, NIS – Aggregate Prior to Listing ($407.8M) Current ($2.47B) Net Positive ($2.06B) GCT $231.6M (Prior) $4.57B (Post) Annual Positive Inflow on Taxes ($4.79b) “To provide a fair, efficient and transparent stock market”

“To provide a fair, efficient and transparent stock market” MARKET PERFORMANCE Index appreciation over 2500% in 7 years In 2016 JM Index appreciated 44.82% Increased over 15.5% since March 2017 Regular daily secondary market activities Market cap. as at Dec 2009 was $755m It is now $120Billion, that is, 13% of the combined market. “To provide a fair, efficient and transparent stock market”

“To provide a fair, efficient and transparent stock market” CONCLUSION Invest in equity to preserve value/wealth Investment in equity provides different income stream ( increase in stocks, dividend, bonus) Provides the avenue for tax efficiency, estate planning & efficiency in transfers Best return on investment Choose wisely “To provide a fair, efficient and transparent stock market”

“To provide a fair, efficient and transparent stock market” HOW TO GET INFORMATION? JSE’s website - www.jamstockex.com Market reports Market Watch – Remote Observer capabilities Market Education – workshops seminars JSE Mobile App – google play store Contact your stockbrokers or the JSE at www.jamstockex.com if you want to hear more about investing or listing. “To provide a fair, efficient and transparent stock market”