WDB GROWTH FUND.
A Financial Services Provider – FSP Number 46731
WDB Growth Fund, a Section 12J Fund, is an impact fund focused on increasing the participation of youth and women entrepreneurs in South Africa’s economy. The Fund takes equity positions in growth stage businesses.
Mandate…
Partnered with WDB Investment Holdings and Grovest, the Fund’s mandate is to address the needs of growth-stage businesses while providing investors with Enterprise & Supplier Development points recognition and tax benefits.
Investment Opportunities…
The WDB Growth Fund targets attractive investment opportunities in qualifying industry sectors, in the nominated ED and SD share portfolios. Capital contributions made by measured entities are utilized by the Fund Manager to provide ED and SD assistance to qualifying enterprises provided they are driven by experienced and proven entrepreneurs, match or exceed the required risk/return profile and are approved by the Investment Committee.
Why Invest in the WDB Growth Fund?
All you need to know about WDB Growth Fund (the serious stuff)
| Qualifying investors | : | Individuals, companies & trusts |
| Minimum subscription | : | R1 million |
| Fund term | : | 5 – 10 years |
| Investment size | : | R1.5 – 10 million subject to a single asset limit of 10% of fund size |
| Fund returns objective | : | ED: Money back + CPI SD: Money back + CPI + 10% |
| Tax benefits | : | Amount invested is deductible from taxable income in the year the investment is made |
| B-BBEE benefits | : | Corporate investors may receive recurring BBBEE ED & SD for once off investment in the fund |
| Recent Investments | : | Moshate Communications an integrated marketing communication & management company (www.moshatemedia.co.za) PrimeStars sees cinemas nationally as “Educational theatres of Learning” for high school learners from disadvantaged communities (www.primestars.co.za) |
The experience has been phenomenal…WDB Growth Fund has become like a big sister to Moshate – they have opened networks for Moshate where I would never have been able to and the have given me great support from an operation point of view and a lot of guidance. I have really enjoyed the journey so far.
Ready to be part of the solution?
