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Green & White Fund
The Finance Association and the Student Investment Association has collaborated to offer...
About the Green & White Fund
What is the G&W Fund?
Founded in 2023, the Green and White Fund (GWF) is Michigan State University's first student-managed fund comprised of both fixed-income and equity investments. GWF aims to attract the most intellectually curious students to successfully manage ~$35,000 AUM.
Mission Statement
The Green and White Fund was founded with three primary missions:
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Enhance the awareness of fixed-income and equity markets to undergraduate students.
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Amplify technical skills and boost confidence through a real investing experience.
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Grow the number of students interested in pursuing careers on Wall Street
Investment Strategy
The Green and White Fund consists of two portfolios. Fund I is an equity portfolio that consists of ~70% AUM and is benchmarked to the S&P 500 Index. Fund II is a fixed-income portfolio that consists of ~30% AUM and is benchmarked to the Barclays AGG Index.
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GWF aims to capitalize on undervalued securities that are expected to growth in the future, with a long-only intended position. The selection process targets investments with derived valuation below its peer groups. These pitched have concrete rationale to outperform the market due to identifiable catalysts, driving the valuation to the company's fair value. The fund is benchmarked against the S&P 500 Index and is aimed to maintain a weight of +/- 15% in each sector.
Application Process
The GWF is designed to provide the most intellectually curious students with an invigorating investment research and valuation experience. Managers gain value in being placed on a team with one Associate to collaborate and build a sophisticated investment pitch. Proposals are formulated with the intent to add the proposed investment to the portfolio.
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