students at computers in Investment class
10.31.2017
By Dr. Mike Smith

Student-Managed Fund Surpasses $1,000,000

The Student-Managed Fund (BUAD 322) has been a course offering at Roanoke College every semester since 2004.  Unlike traditional portfolio simulators, which may encourage unrealistic and brash investment strategies, the Student-Managed Fund challenges Roanoke students to use their skills, innovation, and teamwork to responsibly grow a real investment portfolio.

When the class meets in West Hall, a fast-paced review of stocks ensues as students report on the companies placed on the fund's "Watch List." While a Roanoke College business faculty member serves as a resource and guide, the students are responsible for discussing changes they want to make in the fund's strategy and a student manager runs the class.  

To date, the students' fund has consistently beaten its benchmark (a combination of the S&P 500 and the Barclay's Aggregate Bond Index). In fact, the initial $500,000 investment has more than doubled and is now worth more than $1,062,723.  

Coupled with several distributions, these gains have given the fund a net increase of approximately $600,000 under the leadership of countless student portfolio managers!  

The fund's biggest $ gainers through 2017 include:  Lockheed Martin (LMT), DowDupont (DWDP), NVIDIA (NVDA), Phillips 66 (PSX), & Home Depot (HD).  

The fund's biggest $ loser in 2017 has been General Electric (GE).