Investment Strategy: A Core-Satellite Approach
The SMF follows a core-satellite investment strategy, balancing:
Low-Cost Index Funds
Forming a strong foundation for diversified growth, this portion of the portfolio does not require active management, allowing student managers to focus their attention on individual stock selection.
Active Stock & Industry Picks
Limited to 15 student-selected investments, continuously monitored by student managers.
Passive Index
The passive index portion of the portfolio is held to allow the fund to be fully invested at all times.
Hands-On Learning
Students gain experience managing a real portfolio while learning best practices in risk assessment and portfolio strategy.
Current Holdings
19 stocks across 12 different sectors totaling $15 million+
Students review the previous year's portfolio and make decisions about selling existing holdings or purchasing new securities through class presentations and discussions. Buy/sell decisions a
Technology
- Nvidia
- Microsoft
- Applied Materials
Industrials
- Global X Defense Tech ETF
Consumer Discretionary
- Amazon
Consumer Staples
- Costco
Health Care
- UnitedHealth Group, Inc.
Financial Services
- Vanguard Financials Index Fund ETF
- US Broker-Dealers & Securities ETF
- Visa
Energy
Cyber Security
- Palo Alto Networks Inc
Environment
- Waste Management
Entertainment
- Technical Knock Out
Small Caps
Large Index Fund
- Vanguard Total Stock Market Index Fund ETF
- Vanguard S&P 500 ETF
Resources
Books
- 5 Mistakes Every Investor Makes and How to Avoid Them by Peter Mallouk
- 7 Powers: The Foundations of Business Strategy by Hamilton Helmer
- The Little Book That Still Beats the Market by Joel Greenblatt and Andrew Tobias
- The Most Important Thing by Howard Marks
Financial News Articles
Interesting Sites
- A ton of insight on what matters in your professional life: 100 Things I Wish Someone Had Told Me After
- College And Before I Entered The Real World
- Awesome page focused on making you a better student: College Info Geek
- A collection of short courses - highly condensed: 5 Minute Finance by the Milken Institute
- A good, general and very comprehensive personal finance site: The Balance
- A good source for general investor education: Lyn Alden Investment Strategy
- Tutorials on doing Time Value of Money Calculations with different calculators and Excel:
- www.tvmcalcs.com
- Blockchain literature: Dan Romero Crypto Reading
News and market information
Investment Management Firms
Professional Accreditations
CFA Institute
The Chartered Financial Analyst (CFA) designation is the gold standard for the financial industry. It is governed by the CFA Institute, which continuously updates the curriculum.
To be able to join more than 200,000 chartered financial analysts globally, you need to complete the three exams that make up the CFA Program. They test the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning.