About

The Saint Michael's College Student Investment Fund is a student led club commited to the educational progress of its members.

Sector Focus Framework

  • Each member of our Executive Board oversees one of the six sectors in our portfolio
    • Technology Sector
    • Fixed Income / Money Markets
    • Real Estate Sector
    • Healthcare Sector
    • Energy Sector
    • Consumer Goods/Financials
  • Responsibilities include tracking portfolio stocks, analyzing annual reports, and staying updated on company developments.
  • Regular presentations during club meetings ensure constant communication and collaboration – and shared knowledge.
  • Collaboration within the club fosters in-depth research initiatives for a well-rounded understanding.

The Fund

Asset Allocation

  • Equities: 40-70%
  • Fixed Income: 10-30%
  • Alternative Investments: 0-30%
  • Cash and Cash Equivalents: >20%

Pricing

  • No Penny Stocks
  • No Margin Trading

Market Guidelines

  • Target Large and Mid-cap companies, meaning those with a Market Capitalization over $1-2 Billion.
  • Keep an ESG focus in accordance with our sustainability focus: Limit equities that harm the environment.
  • Limit any singular equity holding to a maximum of 10%.

Investment Advisory Commitee of the Board

  • Assist and guide the Student Investment Fund.
  • Has the final veto and oversees major decisions.

Benefit to the College

Benefit for St.Michael's

  • A study by NACUBO found that the average endowment for colleges with investment clubs was $1.2 billion, compared to $800 million for colleges without investment clubs.
  • A study by the Council for Advancement and Support of Education (CASE) found that the average endowment for colleges with strong alumni engagement programs was $1.5 billion, compared to $900 million for colleges with weak alumni engagement programs.
  • More engagement, ethusiasm, and willingness to contribute from St.Michael's Alumni.

Benefit for St.Michael's Students

  • More Successful Graduates: A study by the Wharton School of the University of Pennsylvania found that students who participate in investment clubs are more likely to be admitted to top business schools. The study found that 20% of students who participated in investment clubs were admitted to a top business school, compared to only 10% of students who did not participate in investment clubs.
  • College clubs provide a platform for students to interact with peers, alumni, and industry professionals, expanding their professional network and gaining valuable connections.
  • Student Investment Fund's give a platform to cultivate some of the essential technical skills for finance-related jobs such as a basic understanding of financial markets, risk assessments and equity research.

Focus on Sustainability

Our sustainability agenda is strategically aligned with Saint Michael's dedication to environmental stewardship.

ESG Exclusionary Screens

Enviornmental Exclusions

  • Fossil Fuel Extraction: Companies deriving 5% or more revenue from thermal coal mining and unconventional oil and gas extraction
  • Thermal coal power: Companies deriving 5% or more revenue from thermal coal-based power generation.
  • Palm oil: Companies deriving 5% or more revenue from the production of palm oil.

Social Exclusions

  • Tobacco: Companies classified as producers or deriving 5% or more revenue from the production, distribution, retail, supply, and licensing of tobacco-related products.
  • Civilian firearms: Companies classified as producers of firearms and small arms ammunition for the civilian market or deriving 5% or more revenue from the distribution of firearms or small arms ammunition.

Governance Exclusions

  • UN global compact: Companies that are not in compliance with the United Nations Global Compact principles