UND Student Investment Team to present 2007 stock performance results

The Student Managed Investment Fund (SMIF) in the College of Business and Public Administration at UND will present their investment results from 2007 and their outlook for 2008 at 3 p.m. Wednesday, Jan. 30, in the Lanterman Investment Center, Room 9, Gamble Hall.

The SMIF earned a return on investments of 8.3 percent for all of 2007, beating the S&P 500, a widely used investment benchmark, by 2.8 percent. Although the start of 2008 has been volatile and most funds are down, year-to-date results show the Student Managed Investment Fund is again beating the 2008 market by about 2.2 percent. This presentation provides an opportunity for the public and University community to engage in discussion with the students about their experience managing the fund and the process used to make team investment decisions. The Greater Grand Forks and University community are invited to attend.

Interested attendees are asked to pre-register with Pam Burkes at 777-0879.
-- CK Schultz, Director, External Relations, College of Business & Public Administration, ck.schultz@mail.business.und.edu, 777-6937