Thursday, June 9, 2016

Monthly Performance of the AIM Class of 2017's Student Managed Equity Funds

AIM Small Cap and International Funds are both up since the Class of 2017 began managing the portfolios on April 1, 2016

The students in the Applied Investment Management (AIM) program at Marquette University are responsible for managing two equity portfolios with a market value in excess of $2 million. 

According to AIM Director, Dr. David Krause, “The student-managed AIM funds provide valuable, real-time applied learning in investment analysis and portfolio management. The AIM students gain real world experience related to the topics and theories that are presented in the curriculum. These student-managed funds serve as a capstone to the finance and accounting courses the students take during their junior and senior years at Marquette. It is truly one of the best forms of applied learning I’ve seen.” 

How has the newest group of AIM students (the Class of 2017) performed thus far? Below you will see a table that shows the first two months of performance for the AIM Small Cap and AIM International Equity portfolios. 

The answer is that they've done fine. The two funds are both holding their own thus far - and both are up, but slightly below their respective benchmarks as of the end of May. 

The Class of 2017 has added about 20 stocks to the two funds since April 1st, so they will need some time for their various investment ideas to play out. We'll continue to provide regular updates regarding the Class of 2017's equity performance.

(Click on the tables to enlarge)