Student Managed Investment Fund
As a student managed investment fund, the BU Finance and Investment Club manages over ~$650,000 for the Boston University Endowment.
Sector Allocation
- Industrials
- Materials & Energy
- Consumer
- Financials
- Technology, Media, and Telecommunications
- Real Estate
- Healthcare
Investment Universe
- A domestic, publicly-traded equity
- Market capitalization less than $5 billion (<$2 billion considered ‘small-cap’)
- In addition: all investments are subject to security, sector and cash rebalancing criteria
- That the voting member has a firm understanding of the potential investment’s fundamentals and the dynamics of the industry to which they are exposed;
- That the recommendation provides an in-depth look at the risks the company will be subjected to over the life of the investment holding period;
- That the recommendation includes convincing evidence that the potential investment will outperform its peers and provide an alpha generating opportunity for the Fund;
- That there is clear reason and believability to the projections and valuation presented of the equity;
- That there is no reason to question the integrity of the potential investment’s management team;
- That the recommendation presents an advantageous risk / reward proposition for the portfolio in its ability to follow the guidelines outlined in the Investment Policy while also potentially generating alpha contra the Russell 2000 Small Cap Index
Code of Ethics
The Club has been student-run since its founding in the 1990s with a fixation that high ethical standards is not only reflective in Boston University’s classroom, but also critical to maintaining trust in the investments industry. Holding to these standards is essential to the Club’s mission in providing itself as a model to successful application and running of a student managed investment Fund in a post-secondary educational institution.These standards are applicable to all stakeholders within the Club, including members of any ranking or involvement, alumni along with the operations of the faculty advisors. All stakeholders must abide by the code herein as violations may result in disciplinary sanctions.