The Green and Gold Fund, the School of Business’ innovative and successful student-managed portfolio, claimed first place at the Redefining Investment Strategy Education (R.I.S.E.) Forum’s national portfolio competition, held from March 31 to April 2, 2011 at the University of Dayton.
The R.I.S.E. Forum, now in its 11th year, is known as the largest student investment conference in the world and is sponsored jointly by the University of Dayton and the United Nations Global Compact.
This year, 33 business schools entered their student-managed funds into the portfolio competition. Forum officials categorized each business school’s fund by the types of investments it held and the overall characteristics of the portfolio. The Green and Gold Fund was entered into the Alternative Investment-Style Category because its Investment Policy Statement permits it to sell covered call options on its stocks and hold investments in currencies and precious metals. The Fund proceeded to win first place, based on its superior risk-adjusted returns in calendar year 2010.
The Green and Gold Fund has a history of success at portfolio competitions, as it also claimed first place in the 2008 R.I.S.E. undergraduate Growth-Style Category.
Some of the Fund’s current holdings include Google, Amazon, Apple, Walgreens and Wells Fargo.