Objectives

Class Objectives
The objectives of the class are to:

  • Provide real-world portfolio management & security analysis experience
  • Increased interaction with the investment community & recent industry practices
  • Utilizing both qualitative & quantitative investment decisions
  • Thoroughly research & present their analysis •Security selection will be based on a diversified portfolio approach
  • Based on a "fundamental approach"
Investment Objectives

The investment objective of SMIF is to preserve contributed capital and enhance returns relative to the investment benchmark as measured by the risk-adjusted returns of the SMIF portfolio.

S&P 1500 Benchmark

S&P Composite 1500 combines three leading indices -- S&P 500, S&P MidCap 400, and S&P SmallCap 600 -- to form an investable benchmark of the U.S. Equity Market. Covering approximately 85 percent of the U.S. market capitalization. The index provides a fair representation of the U.S. market, measuring the performance of widely available, liquid stocks. It is designed for investors seeking to replicate the performance of the U.S. equity market or benchmark against a representative universe of tradable stocks