Stock Brokerage
We provide services where our clients – individuals or corporates – can buy and sell their shares through the Dar es Salaam Stock Exchange. For most knowledgeable investors, this primarily means actioning their instructions. For the majority, however, it includes answering such questions as: Is this a good buy? Is the price right? What benefits can I expected and when? Is it better than the shares of the other companies? What are the procedures? Amass a bit of wealth before investing, or live from hand to mouth?
We always advise such clients: to think big, begin small, begin now. Our role is to pace them through these stages.
Valuation of Shares and Other Securities
This is done for both quoted and unquoted shares. We have established large and up-to-date data bases of company profiles, financial statements, market performance and macro-economic indicators. These are essential in the valuation of all types of securities. From these we are able to identify mis-priced shares, growth shares and those at their peak. In this way we are able to advise clients not only on the most appropriate price but also on the critical question of the timing of the decision to buy or sell. In the Stock Exchange, things are never bad or good necessarily – they are just different. The trick is how the investors position their investments in anticipation of the out turn within their planning their horizon.
Funds Management (UMANDE)
Investors may, from time to time, find themselves with surplus funds. In such instances, it becomes essential to evaluate alternative investment avenues. Whether the goal is to diversify across asset classes or to optimize returns, a balanced allocation between equities and other money or capital market instruments is often prudent.
However, the most pressing challenge for many investors lies in timing decisions—knowing when to buy, hold, or sell. These decisions require active monitoring of market trends, both at the stock exchange and within the underlying securities markets.
This is where CORE Securities Limited steps in. With the time, expertise, proprietary databases, and analytical acumen, CORE is uniquely positioned to track market developments with a level of precision that surpasses the average investor’s capacity.
As portfolio managers, CORE is committed to delivering returns that align with each client’s financial goals and risk appetite, ensuring that every investment decision is both strategic and personalized.
Collective Investment Schemes
The company plans to launch a number of CIS, including mutual funds, unit trusts, open-ended investment companies and other collective investment schemes. In such schemes, our role would normally be that of fund managers while reputable banks or insurance companies would play the role of trustees. We have developed proprietary software for registrar and asset management applications.
Collective investment schemes are intended not only to assist small investors participate in capital market activities, but also enrich the offerings on the stock exchange because the Fund Manager often supplies liquidity and credit enhancement in the role of market maker.
To bring such brokerage services to a wider spectrum, the company will endeavor to open branches in some of the major towns and settlements, working together with local community organizations such as parishes, co-operatives, savings and credit unions and other grassroots initiatives.
Registrar and Custodian Services
Keeping track of regulatory, tax and other mundane aspects of even the most basic investments requires a sizeable management information systems that keeps up to date track of developments; otherwise the investor risks missing profitable sell-or-buy opportunities, not to mention facing the possibilities of stiff penalties from the authorities.
Once we have opened an account for you and obtained your execution instructions, we shall hold your affairs in a date sensitive data base that is triggered into action by a defined list of events. We shall hold your securities in custody or register them in your name or any other custodian.
We shall sort out your tax affairs and other statutory returns, chase up your dividends or scrip issues, obtain all annual accounts, send you regular statements and authoritative research bulletins on developments.
Although commissions will be charged for these services, they will be on a sliding scale based on size and frequency. Other than a token retainer fee paid on account-opening, there will be no other charges.
