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COVID19: Futuregrowth's response

05 May 2020

Company Statement

We have taken several measures in order to mitigate the impact of COVID-19 on our business and to continue seamlessly managing our client’s investments.

This statement was first published on 17 March 2020 and has been updated since.

The coronavirus (COVID-19) pandemic has prompted an unprecedented crisis, with many companies and industries required to close or have their staff work from home for a period of time.

Futuregrowth has been monitoring the COVID-19 situation closely since the middle of February. We set up a COVID-19 task team and a specific COVID-19 Business Continuity Plan to ensure that our business is protected against the risk and that we remain resilient in the face of potential unforeseen events and external factors, as far as possible. This builds on our overall Business Continuity Plan which has been enhanced and repeatedly tested over the years.

We confirmed that (with the JSE and markets open) we form part of the essential services that are able to operate during Level 5 lockdown. We ensured that Futuregrowth was 100% work-from-home enabled from Tuesday 24 March 2020 (just before full lockdown) – so that we could continue to seamlessly manage our client’s investments, while protecting the health of our staff and others.

We continue the work-from-home approach on Level 4 lockdown. Working from our office will only be permitted in exceptional circumstances, with strict protocols put in place.

For more detailed information on measures that are being implemented or to raise any concerns, please contact Ryan Kieser on rkieser@futuregrowth.co.za.

We appreciate your understanding during these difficult times.

 

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