How do young people really feel about their financial futures?
JA Central Ontario student secures first place in JA Canada’s nationwide Investment Strategies Program
Questrade Team OLG, created and managed by a grade 12 student from North York, was the overall winner of the Winter Investment Strategies Program run by JA Canada.
We're thrilled to announce that a JA Central Ontario student was named the winner of JA’s Winter Investment Strategies Program (ISP) – a Canada-wide investment experience for high school students. Questrade Team OLG was led by Seamus Lam, a grade 12 student from Brebeuf College in North York, and generously sponsored by Questrade.
“I would like to thank JA Central Ontario for the opportunity to participate in the Investment Strategies program, Questrade for generously sponsoring the competition, and my teachers, Ms. Angelucci and Mr. Breglia,” said our winning student, Seamus. “This program has provided me with crucial financial literacy skills and hands-on experience investing in the stock market. I strongly encourage all students to take part in the program because it could have a lasting impact on their future.”
ISP is a unique learning experience and online competition that helps students understand trading on the stock market. The program teaches students how to apply key investing principles in the real world and culminates in a 6-week competition, where students research and manage their own simulated stock portfolio using live data from North American stock markets.
The simulated online competition saw participation from 1,223 teams of students. Each team competed to build effective stock portfolios and trade with a mock $100,000 in real-time markets to build their skills during the contest. Questrade Team OLG ranked first with a winning total of $450,270 in equity at the competition close.
In addition to the real-life experience and knowledge gained, the winning student received $1,000 towards a TFSA account from Questrade. Questrade’s Chief Financial Officer Dean Percy presented the prize to the winner in a virtual presentation.
ABOUT JA CENTRAL ONTARIO
Through the delivery of hands-on, blended learning in entrepreneurship, financial literacy and work readiness, JA Central Ontario empowers young people to grow their entrepreneurial ideas, hone their work skills, manage their earnings, and secure better lives for themselves, their families, and their communities. Since 1968, schools in Central Ontario have relied on JA to prepare young people for success in an ever-changing global economy.
JA Central Ontario is a member of JA Canada and part of JA Worldwide, the world’s largest not-for-profit organization dedicated to educating young people about business.
Questrade is Canada’s fastest growing online brokerage that is changing the Canadian financial services industry by leveraging technology to lower fees while providing a viable alternative to traditional financial investment options, thereby allowing Canadians to Keep More of their Money.
Questrade is supporting JA Central Ontario teams as they take on this tough competition. The team provides support and helps students make the most of this unique experience.