Student Managed Investment Fund (SMIF)
The mission of the SMIF is to complement student in-class knowledge with real-life learning in equity research, analysis, selection and management through hands-on experience with a real-money portfolio. The investment objective is to generate a reasonable long-term return on the Fund's assets at suitable investment risks. A reasonable return is a long-term rate of return equal to or greater than the return on an appropriate benchmark index on a risk-adjusted basis and after trading costs. The overall fund beta shall be maintained at no more than 1.5, and no single investment will have a beta above 2.0.
Guided by faculty, student cohorts grew the fund to over
$930,000
in five years (December 2025)
Benefits
Watch this short video to learn how this unique learning opportunity can benefit you.
Statement of Investment Policies and Procedures (SIPP)
The Fund will invest in a broadly diversified portfolio of mid-to-large capitalization stocks that provide capital gains or income. More details on the nature and practices of the Fund are available in the Statement of Investment Policies and Procedures (SIPP).