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KSU SMIF Takes 1st Place at the Global Asset Management Education Forum in New York City

March 25, 2015

Kennesaw, GA – The Kennesaw State University Student Managed Investment Fund L.L.C. (KSU SMIF) is proud to announce their victory at the Global Asset Management Education (G.A.M.E.) Forum in New York City. KSU SMIF placed first out of 41 colleges that entered the competition, in the undergraduate growth style category, of the student-managed portfolio competition. According to the G.A.M.E forum’s founder and managing director, Dr. David Sauer, the growth category is the most competitive category overall. Growth funds typically comprise companies with high earnings growth potential and low dividend yields, which tend to be priced efficiently, making it more difficult to outperform the market.The judging criteria for the competition was based on the management of the fund itself: The fund’s structure, an analysis of brokerage statements, and the monthly and overall returns for the year 2014. 

In 2014, the KSU SMIF achieved a high return with relatively low risk through strategic asset allocation. The fund yielded a 15.4% return on investment compared to the 11.3% returned by the S&P 500, which is the fund’s benchmark. The returns were achieved with a market beta of 0.89 and a Sharpe ratio of 1.7. According to Morningstar and the Economist Magazine, only 13.4% of professionally managed funds beat the market in 2014. In fact, on average, funds underperformed the market by approximately 1.6 percentage points. The credit of this victory is owed to all the students, alumni, educators, donors, and administrators who contributed to shape the fund and its management since the fund’s inception.  


The Kennesaw State University Student Managed Investment Fund LLC, established in August 2008, was created to provide real-time, hands on experience in portfolio management and investing for its top business majors. The investment policies of the KSU SMIF are determined by the Student Executive Board consisting of student managers selected from amongst their peers through an initial application process and is overseen by faculty advisor Professor Stefano Mazzotta, Ph.D. and Investment Professional Jason Knope, CFA, CMT. SMIF membership is open to all undergraduate and graduate students of Kennesaw State University who have met the requirements set out by the fund’s management.

The SMIF’s main investment focus is Strategic Asset Allocation primarily geared toward domestic equities. Members research industry sectors with the theoretical tools acquired in the classroom and analytical research methods established by fund members. The SMIF employs fundamental analysis as well as quantitative techniques to achieve its institutional goals.

The realization of the Kennesaw State University SMIF has been made possible through a generous donation from G.W. Henssler & Associates, Ltd. (GWH) of $100,000.00 and operates as a limited liability corporation, solely owned by the Kennesaw State University, a non-profit organization. For more information, please visit http://coles.kennesaw.edu/smif/

About the Quinnipiac G.A.M.E. Forum

The Quinnipiac G.A.M.E. forum is held once a year and provides an international group of college students and faculty with a unique opportunity to interact with industry leaders and learn best practices in investment management. The year 2014 marked the fifth year of the conference and attracted a vast audience and a number of notable supporters. Industry support for the conference includes cosponsors, Nasdaq and American Realty Capital, as well as 91 strategic partners. Among the strategic partners were the CFA Institute, Davidson Investment Advisors, Eagle Asset Management, The Hartford, LPL Financial, Morningstar, and the Options Industry Council, who provided more than 100 keynote speakers, panelists, work shop presenters, and student-managed portfolio competition judges. The event attracted more than 1,200 students from 141 colleges and universities, representing more than 40 countries and 39 states.


Nicole Moutos, Chief Executive Officer KSU SMIF
Phone: (678) 602-9779

Dr. Stefano Mazzotta, Advisor KSU SMIF