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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 Couple from UD’s First Graduating Class Remembered by Classmates

“You couldn’t walk by David without a sports story of some sort,” said Patrick O’Hagan, BA ’63, of David Dozier Jr., BA ’60. O’Hagan and his wife, Patricia (Hasler), BA ’63, were freshmen at UD when Dozier and his wife, Dianne (Flusche), BA ’60, were seniors, and later fellow parishioners at St. Thomas Aquinas Catholic Church in Dallas. Patrick O’Hagan was a physics major taking 20 hours and didn’t know Dozier well as a UD student, but Dozier’s penchant for stories struck him even then.

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