2019
PROFILE 1
TLHARE SE MORITI O TSIDIDI.... 2
TABLE OF
CONTENTS 01
The Group 1
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02
Asset Management
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2.1 2.2 2.3 2.4 2.5
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Bluthorn
Investment philosophy Diversification Double bottom line goals Key operating personnel Products
Our footprint
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O1 THE
GROUP
BluThorn Holdings is a Botswana based financial services group, primarily focused on Asset Management and Business Finance. While BluThorn is a commercial venture, we are proud to play an active role in the development of Botswana through focusing on local investments in support of local enterprise development. Through our double bottom line approach, we invest the wealth of Batswana, in Botswana, with the intention of a financial return, but also a social return for Batswana.
Funding The Unfunded
Investment Made Possible
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Bluthorn
O2 ASSET
MANAGEMENT Bluthorn Fund Managers Limited (BFM) is an Investment Company with Variable Capital (ICVC) incorporated under the laws of the Republic of Botswana and is authorised to operate as a Collective Investment Undertaking (CIU) by the NBFIRA and constitutes an umbrella fund out of which various sub-funds may be established. With its head office based in Gaborone, Botswana, BFM offers the people of Botswana investment options and solutions seeking both growth and income. Our strategies aim to add value through intelligent diversification methods and portfolio options with attractive risk or return characteristics. Our mission is to create profitable partnerships. We are focused on creating financial security for investors by taking a long-term approach to investment decisions and business strategy.
2.1 Investment philosophy Through a combination of traditional values, investment expertise and progressive thinking, BFM offers a unique and innovative approach to wealth creation. Rooted in a philosophy that is all about seizing opportunity, we make your money work for you. 2.2 Diversification Our funds are authorised to invest in numerous institutions and industries, diversifying your investments and reducing risk. The portfolio manager takes an active approach to asset allocation where they strive to balance the opportunity for wealth accumulation against the risk of potential capital loss. The company is committed to developing and applying best market practice in all of its risk activities. The highest standards of risk identification, risk management and risk monitoring are important components to the success, reputation and continuing strength of the company. 2.3 Double bottom line goals In addition to delivering returns, we invest directly into developmental sectors that deliver, over and above high returns, significant development and social benefits to society and Botswana as a whole. Financial return: • Capital preservation; and • Market related investment returns. Social return: • • • • •
Bluthorn Fund Managers
Economic growth; Enterprise development; Financial inclusion; Job creation; and Community reform.
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2.4 Key operating personnel Chief Executive Officer
Portfolio Manager
Joseph B. Mosimane
Motlamedi Matome
B. Com (Accounting), COP, MBA Finance
CFA Level 3 Candidate, MSc Financial Analysis and Fund Management, Bach. Accountancy
• Responsible for overall business and staff. • Extensive experience in the fields of financial management, asset management and investment management. • General Manager (BPOPF): provided strategic leadership in the provision of Finance, Investment and Accounting, ICT, and Human Capital Strategies to management and board of trustees. • Ensured adequate security of assets of the organisation by deploying appropriate risk management strategies. • Previously Director Financial Services BOCODOL. Financial Officer and Fund Administrator Tiro Semumu Qualified ACCA, Higher NAtional Diploma (HND) in Accountancy and Business Studies • Tiro is responsible for all Financial and Fund Administration Operations at BluThorn Fund Managers, his duties covering preparation of yearly interim financial statements for compliance purposes, IFS compliance of statutory • accounts and financial accounting of transactions and other financial and administrative activities. • Tiro previously worked as Accounts Supervisor (Assistant Departmental Accountant) - Fixed Assets and Capital Accounting and Treasury & Finance at Botswana power Corporations (BPC) for over 14 years. • He brings a wealth of experience in Financial Control and Fund Administration to BluThorn operations with over 15 years to date.
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• Responsible for Portfolio management, Company Analysis and Implementation of credit deals. • Served internships at Reis Company Services (Pty) Ltd, Ananth Certified Public Accountants and Price Waterhouse Coopers. • Graduate diploma in Finance and Master’s Degree in Financial Analysis and Fund Management. • Passed CFA Level 2 exams – Currently a candidate in the CFA programme’s final level exam.
Head of Business Development and Client Service Joseph Batsalelwang MSc Finance, MSc Strategic Management, Post Graduate Risk, Diploma Business Studies. • Responsible for business development and general management of day to day operations. • Joseph has 15 years of financial industry experience, spanning lending origination, asset management, business development and capital raising. • Specific to asset raising, Joseph has raised over P1 billion within Botswana to date. • Prior to joining the BluThorn Group, he was Head of Business Development at African Alliance Botswana, as well as having roles prior to that at Letshego and Bank Gaborone (BG Finance).
Bluthorn Fund Managers
2.5 Products
FUND OFFERING
BLUTHORN CAPITAL GROWTH (BCG) FUND ISSUER Bluthorn Fund Managers Ltd (“BFM”), CO2016/1545, is licensed and regulated as a collective investment undertaking (CIU) with the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) of Botswana since 21 March 2016 under certificate number 0003/RFII. BFM is an open-ended investment company with variable capital established as an umbrella fund having segregated liability between its Funds, and each Fund may comprise one or more Classes. INVESTMENT ALLOCATION Investment allocation - 1 - 5 years term
• • • •
Non-Voting Shares Issue Price per Share: BWP 100 000.00 Minimum Investment: BWP 500 000.00 Minimum 5-year term Fixed rate offered
INVESTMENT OBJECTIVE To provide investors with a higher than market related rate of return while achieving the twin goals of firstly, ensuring minimal chance of capital loss and secondly achieving noteworthy developmental results in the jurisdictions it operates in. INVESTMENT POLICY To provide for and create a secured environment for investors to obtain higher investment returns than are usually available in the market, the fund will invest a portion of the capital in investment grade long term paper to ensure that the chances of capital loss for investors are minimized. The balance of the capital will be made available to businesses (SMME’s) that need funds for growth. INVESTOR PROFILE
30 %
70 %
Investment in BFM’s Bluthorn Capital Growth (BCG) Fund is only appropriate for institutional investors and those private investors whose investment experience is such that they are capable of evaluating the merits of their prospective investment and have no need for their investment to be liquid on a daily basis. Investors should accordingly consult a suitably qualified professional advisor before committing themselves to an investment in EAM’s ECG Fund.
Investment grade Instruments Developmental Activities
Bluthorn Fund Managers
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INVESTMENT BENEFITS Capital Protection: Investment strategies focused on capital preservation, utilizing investment grade instruments; Significant Developmental Impact: Focused SMME development with positive social and economic impact; Real Returns: Return on investment is available to Investors based on fund performance. Investors also have access to high impact marketing success stories from fund investments; Optimal Governance: The fund employs best practice governance structures and standards, and is managed by experienced, professional Fund Management and Business Development teams;
INVESTMENT DYNAMICS Dependant on available rates and chosen term a part of the investment buys investment grade instruments and the balance is invested for Developmental activities. When a longer investment term is chosen more of the investment will be allocated to developmental activities thus increasing the impact of the investment. The capital invested into investment grade instruments will return a 100% of the initial investment and the returns generated by the BCG Fund’s Developmental activities provides for the growth component of the investment. The Fund’s Developmental activities will inter alia result in: • • • •
Job Creation; Financial Inclusion; Community Reform; and Enterprise Development.
Supplier Development: Ability to execute tailored Supplier Development programs with the additional support and governance provided by the BCG Fund. INVESTMENT RATIONALE The BCG Fund aims to address the issues raised in the Global Entrepreneurship Monitor surveys by combining private sector business experience and training, financial structuring expertise, funding and professional business support and mentoring services to achieve the objectives of sustainable job creation and related social impact. The fund is uniquely structured to enable the implementation of tailored Enterprise and Supplier Development programs, so as to meet the unique requirements of our investors.
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Bluthorn Fund Managers
O4 BLUTHORN’S
FOOTPRINT
Bluthorn
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CONTACTS 6th Floor, Exponential Building, Plot 54351, New CBD Gaborone, Botswana +267 391 8754 +267 391 8758 info@bluthorn.com www.bluthorn.com
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