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Kogod School of Business
SMIF Advisor Letter

 

SMIF is a student run and managed investment fund with roughly $520,000 under management.

SMIF exists to create value both in the sense of investment return and professional growth. We simulate the real-world professional environment, fine-tune one's professional skills, and give analysts a collaborative experience to develop practical knowledge and skills in research, investing, portfolio management, and the dynamics of equity markets.

The students spend the semester acquiring research tools and reviewing the existing portfolio, identifying over and underrepresented sectors, and familiarizing themselves with the capital markets’ conditions. Then they use thorough research to identify the stocks to be sold from, or added to, the portfolio. 2016 has been a challenging year for financial markets around the world as well as for SMIF. The value of our portfolio reached a high at around $530,000 over the summer, realizing about a 3% return YTD, compared to a gain of 4% for the S&P 500.

 

 

Sincerely,

 

Timothy Timura, CFA