Foord Umbrella Provident Fund — A Thousand-Bagger Investment
The Foord staff provident fund in which all Foord employees invest was started in April 1987 as the brainchild of the then Foord & Meintjes principals, Dave Foord, Liston Meintjes and Mark Hodges. The contribution rate was a modest 10% on the expectation that employees should contribute more, where possible.
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