The Ê×Ò³| Â鶹´«Ã½Ó³» student investment fund (RIG: Rebel Investment Group) was started in Fall of 2010 as a series of 3 Finance classes. It was seeded with $100,000 in March of 2011. Due to market conditions the first year student managers chose not to invest. New student managers in the Fall of 2011 took over the fund with just over $100,000 in cash. The Investor Policy Statement allows RIG to invest up to 70% in equity, requires an investment in bonds, while maintaining a portfolio beta at 1.5 or less.
With the Investor Policy Statement in mind, on the evening of October 3rd, 2011 the fund went 'live', as student managers could first begin allocating funds. Managers were slow to invest at first but since have started to build a well diversified portfolio.
Holdings Reports
The Holdings Report will detail the individual stock holdings of the Rebel Investment Group fund and will provide statistics on each.
This report will be compiled quarterly beginning December 31,2011. Please contact Dr. Sullivan for questions regarding the portfolio's holdings.
Performance Reports
The Performance Report will compare the Fund's performance to it's benchmark, the S&P 500, and also provide performance statistics. The report is broken into three sections: Performance Summary, Snapshot Report, and Performance by Security.
This report will be compiled quarterly beginning December 31, 2011. Please contact Dr. Sullivan for questions regarding the Performance Report.