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Sasix

The GreaterGood South Africa Trust is proud to be launching South Africa's first social investment "stock exchange", in which selected non profit / social profit projects are listed and offered to the public as investment opportunities with a social return. The initiative builds on current trends and the growing global practice of performance-based philanthropy and social investment, in particular the experience of the Social Stock Exchange launched in 2004 by the Stock Exchange of Brazil (BOVESPA).

The South African Social Investment Exchange (SASIX) creates the same regulatory investment environment as the stock exchange to connect non profit organisations needing funds for specific, time-bound development and poverty eradication projects with corporate social investors, private donors, trusts, foundations, international donors, high net worth individuals and the general public who want to support social development in South Africa.

SASIX provides independent research, evaluation and monitoring to ensure that listed projects meet a set of criteria, including the ability to deliver measurable social returns. In contrast with traditional investment in shares through the stock exchange, investment in SASIX projects yields not a financial return but a social one - a contribution to the upliftment of poor South Africans' lives.

A prospectus is printed quarterly and detailed Project Proposal Profile documents are available on the website at www.sasix.co.za - outlining each investment opportunity, including a risk analysis, minimum investment required, and metrics portraying the qualitative and quantitative life change that is expected as a result of the project.

As well as promoting a new approach to public and corporate participation in social development, and offering credible information that enables performance-based decision-making with regard to social investments, SASIX aims to build a culture of accountability for social performance amongst beneficiary organisations.

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http://www.sasix.co.za/
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