The Fund indepth

The Fund is an independent, student-run, investment group concentrated primarily in US equities and with current holdings totalling over $15,000. Our primary aim is to effectively manage risk and generate market-beating returns, while introducing our members to real-world financial analysis.

By leveraging the expertise of our analysts, the Fund provides real-world trading experience and serves as an educational resource for the wider membership base. We use a value investing strategy across a variety of asset classes and performance is evaluated on a rolling basis to maximize returns. The Fund is partially liquidated at the start of each academic year leaving sufficient capital for reinvestment by future analysts. We have achieved returns of 11.1% and 8.1% over the past two years and the Fund now fully diversified across all market sectors, with more than 5% of our portfolio across each sector.

An opportunity : expanding the fund

The Fund also provides a unique and exclusive platform for sponsors to advertise, so please get in contact to learn more about these opportunities.

Fund Insight with Co-Head JJ Herranz

Fund’s market update Q4 2017

The Global Investment Group’s Fund reported a positive performance of 1.73% during the last quarter of 2017, bringing the Fund’s year-to-date return to 5.29%. Overall, the global economy is experiencing a relatively steady, synchronized expansion amid low inflation, with low risk of recession. In the U.S. fiscal policy is supportive of growth and hopes for tax-cut legislation represent a potential upside for corporate earnings. However, a shift toward tighter monetary policy may boost market volatility, underscoring the importance of diversification.

During Q4, the S&P500 has continued its growth momentum and it reached an all time high of $2,695. In order to take advantage of this bull market, we started the quarter by liquidating old positions and raising cash for the new analysts to invest in their particular sectors.

The main reason behind the closure of positions was that our analysts felt bearish about their outlook in the medium term. In particular, Dean Foods and Frontier Communications were performing poorly and were negatively contributing to the portfolio, so their positions were closed and the loss from the investments were minimised. On the other hand, investments in Exelon Corp. and Chubb were closed after a good performance in the portfolio to generate cash and opting to cash out off the back of strong Q3 earnings.