Student Investors (SMEF)
RSVP for the Spring 2016 Student-Managed Endowment Fund Presentation to be held on April 21, 4:30 pm.
See what College of Business students Michelle Murray and Mayur Ranpara have to say about the Student Managed Endowment Fund (SMEF) program and their experience managing over $600,000 in assets.
FINANCE 438 Application deadline October 13 for Spring semester and March 8 for Summer and Fall semesters (unless posted otherwise).
The SMEF Program, managed by students, contains one of the largest amount of assets among the comprehensive universities in Wisconsin!
This report includes sector analyses, student biographies, target asset allocations, and portfolio values and returns as of February 29, 2016.
This report includes sector analyses, student biographies, target asset allocations, and portfolio values and returns as of September 30, 2015.
SMEF LinkedIn (open to current & past participants only)
Stephen P. Huffman, Ph.D.,CFA, FRM
Larry Lang, Ph.D., Professor Emeritus
|Major Contributors/Clients|| |
Arnold Peterson Chalberg & Charlene Barr Chalberg
SMEF Program Description, Benefits, and Objectives
The SMEF Program currently has over $600,000 in asset under management, which is divided between seven portfolios. Students actively manage the portfolios by:(1) developing/revising each portfolio's investment policy statement (IPS), including each portfolio's target asset allocation, (2) evaluating numerous financial assets and investment strategies, (3) implementing appropriate investment strategies, (4) monitoring/rebalancing each portfolio relative its IPS and (5) evaluating the performance of each portfolio and individual holding. All decisions are made by student participants. The SMEF program was established by a generous $25,000 donation from Thomas J. and Antoinette Candela Brinkman and founded by Professor Larry Lang in the fall of 2000.
- Funding for student scholarships and student development
- Students gain hands-on experience in analyzing securities
- Portfolio management experience for students in the program
- A new source of funding for the UW Oshkosh Foundation
- Positive community exposure
The primary objective of the Student-Managed Endowment Fund Program is to provide a learning environment where students have the opportunity to manage an institutional investment fund.
Managers will follow a total return objective, seeking a return equal to the spending rate plus inflation, with a moderate amount of risk.
Initial investments are limited to 5% of the overall portfolio. The portfolio is rebalanced if any stock holding is greater than 10% of the overall portfolio.
|Spring 2016 SMEF Participants|
|Matthew Arend||Benjamin Christensen||Levi Cummings||Mackenzie Daines||Luke Marty|
|Joshua Preiss||Justin Randerson||Taylor Sonnentag||Jesse Swiechowski||Shawn Teal|
|Jacob Wawiorka||Megan Ryan Wright|