Facebook fans can vote for their favourite stock picks over a nine-month period on The iTrade Fantasy League and have a chance to win a share of the profits generated from the R1-million share portfolio run by Sanlam iTrade using the top stocks selected by Facebook fans.

Online trading platform Sanlam iTrade has launched the Facebook app and competition  and fans will initially be given a basket of 90 shares to choose from, “Fans will vote to reduce these picks to the top 20 shares by the first of March with additional shares being voted on or off over the following months. They’ll effectively be the portfolio managers for that time and manage the portfolio by ‘liking’ or ‘unliking’ a share,” says Gerhard Lampen, head of Sanlam iTrade.  The 90 shares have been selected as the biggest stocks in the financial, industrial, retail and resources sectors.

By watching the portfolio perform over the coming months, fans will learn about the JSE and the fundamentals of stock broking. In addition, every month iTrade will focus on a different share in the portfolio and offer deep information on that share. Fans will be able to learn more about the share, predict its’ month-end value and win prizes based on these predictions.

Fans who accurately predict the actual profit of the portfolio at the end of the league in November 2013 will share in the profit of the portfolio, with 60% of the profit going to the fan whose guess was closest to the value, 20% to second closest, 10% to third closest and the final 10% to charity.

For more information visit http://apps.facebook.com/itradeleague