finance & investment club february 20 th, 2013 sar 101 general meeting #3
TRANSCRIPT
Finance & Investment ClubFebruary 20th, 2013SAR 101
General Meeting #3
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Guest announcement: Alpha Kappa Psi Stock Market Competition
RULES: There are two games you can participate in. 1) Static: cost minimum $2 You will get $20,000 to invest in up to three stocks on the NYSE/ NASDAQ. 2) Dynamic: cost $5 flat Sign up for a marketwatch portfolio and participate in an online stock portfolio competition. TO WIN:1) The participant with the highest percentage return in each game wins.
Find us at the SMG Atrium to sign up from 2/21 to March 1st.
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Introduction to the Finance Club at Boston University
Long-term Goals
Education To offer an educational, real-life opportunity for
aspiring investment professionals
Community To foster lasting relationships amongst our
membership in Boston University and beyond
Alpha To continue professional procedures to
maintain an alpha generating process
Growth Personal, career and fund growth
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IM Update• Current Fund - $51,340.68• +11.25% for the year• Small Cap Holdings +14.09%• +9.63% Benchmark
• Top Equity Performers- PKG (Packaging Corp. of America - Materials)• +37.5% from Jan 2012
• Target Cash Balance 10% - Roughly $5,000 • Recent Activity • Sale of DHX - 3.5% Gain- Proceeds allocated to PSCC (staples) & PSCD (discretionary) ETF
• Current Long Focus:• Real Estate• Tech • Materials• Industrials
• Current Short Focus• Consumers
• Fixed Income:• Investment Grade sale - Possible high point in I grade market• Based on Endowment Fund Evaluation look to eliminate fixed income holdings
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Finance Club Resources
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Finance Club Resources (cont’d)
BU INVEST LOG-IN INFORMATION:
Username: bufcmember
Password: 12bu2012
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Finance Club Resources (cont’d)
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Wall Street Trip
Friday, April 19th
7:00AM: Depart from Boston 11:30AM: Arrive in NYC 12:00PM: Networking luncheon with
senior BU finance alums (>= VP) – Millesime restaurant in Midtown
2:00PM: Eight site visits to major financial firms– Two per group
6:00PM: Depart from NYC
Ticket Price TBA
Sample Past Site Visits