Student Managed Investment Fund

The NAU Student Managed Investment Fund was founded in 2000. The first half of the class, FIN 441, is focused on the equity portion of the portfolio and the second half of the class, FIN 442, focuses on the fixed income portion.

The fund was created to allow students to apply what they have learned in their educational career by investing money in the stock market. This is a hands-on learning experience, where students are required to perform investment research and manage a portfolio in excess of $1 Million. The research is performed by sector teams. Team leads are assigned for each sector to overlook group members’ research. Team leads are chosen based on knowledge, effort, and previous participation in the class.

Each team does extensive research on their stocks and bonds, and then presents them to the class. The primary tool being used is Bloomberg. The class votes on whether or not to implement the recommendation after the presentation takes place. If the class approves the recommendation, the professors then execute the trade. At the end of each semester a group of students presents portfolio information to our client, The Northern Arizona University Foundation. This presentation includes information on year-to-date performance, buys and sells, overall performance, and future outlook.