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Student Management Investment Fund

Student Managed Investment Fund

The University of Dallas Satish & Yasmin Gupta College of Business received a $100,000 gift from an anonymous donor to create a Student Managed Investment Fund (SMIF) program in the beginning of Fall 2013. The fund was managed by graduate and undergraduate economics and finance students, who were responsible for all investment research and reporting.

SMIF Launch

The mission of the SMIF at the University of Dallas is to enhance students' academic pursuits in the study of finance by offering exposure and participation in investment research/analysis and portfolio management/strategies. The SMIF began with five to six student members and an Advisory Board was organized for the purpose of providing counsel and guidance for students.

SMIF follows a conservative management strategy, investing mainly in S&P 500 companies. Specifically, SMIF results are evaluated against the S&P 500 Index.

  • SMIF performance beats the market benchmark each quarter. In 2017, the SMIF total return was 22.5%, 4% more than the market average.

Comparisons are made on a risk-adjusted basis through utilization of appropriate risk-adjusted performance ratios such as the Sharpe Ratio, the Treynor Index, the Jensen Performance Index, and Information Ratio. Members of the SMIF take a weekly review of the existing portfolio, and a monthly risk-adjusted performance analysis of the portfolio is conducted for a review/discussion of the SMIF portfolio and evaluating any revisions.

SMIF

SMIF Scholarship

A portion of the returns generated by the Fund is dedicated to a scholarship program for prospective and current students with a demonstrated interest in finance. Ultimately, SMIF provides student managers with a competitive edge over peers in realizing their career objectives and prepares students for the Chartered Financial Analyst (CFA) Level 1 Exam.

One of the SMIF students received $830 scholarship for the Chartered Financial Analyst (CFA) exams.  The scholarship covers their CFA program enrollment fee and CFA exam registration fee. Scholarships are awarded by the Satish & Yasmin Gupta College of Business. 

News

Alumni Spotlight: A Personal Pledge to Pay it Forward

For Vince Pawlowski, BA ’85, the decision to generously support the new Class of 1985 Scholarship Fund with a $100,000 lead gift was born out of a simple desire to give back to the institution that had given him so much. I recently sat down with Pawlowski, a successful defense attorney who sold his practice in Florida and now manages real estate properties around the country, to talk about his ongoing philanthropy, most recent gift and his personal pledge to give back.

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