Address: Block 1
De Tijger Office Park
Postbox: P O Box 209
Protea Medical Aid Society was registered in 1969 and has many years experience in the development and operation of successful Medical Aid Scheme Products.
PROTEA is able to accommodate both Individual and Group Membership. The Society is in a healthy financial position with reserves that far exceed legal requirements. The Trustees are predominantly members themselves and so have an active interest in the success of the Society.
The fund manager of the World Wide Equity Fund is mandated to invest between 40% and 60% of the portfolio in the South African market and the remainder in overseas assets. The fund comprises investment mainly in equities, but can also include fixed-interest investments and cash. The share component of the fund is a mixture of equities listed on the Johannesburg Securities Exchange and overseas stock exchanges.