SMIF Foundation_Presentation_2013_Spring_Updated (1)
- 1. Meeting of the Lamar University Foundation April 23, 2013
- 2. Initial allocation $250,000 in January 2009 Sector teams Top down analysis Mid-cap and large cap domestic equities In conjunction with two graduate classes: ◦ Fall FINC 5350 (Cases in Finance) ◦ Spring FINC 5340 (Investments)
- 3. Center opened in Fall 2011 31 compuers with dual screens Security analysis software (NetAdvantage, Research Insight, CRSP, Economagic) Interactive data wall Two flat panel TVs (Bloomberg and CNBC) Advanced finance classes
- 4. 2012 Annual Performance Best Performers Worst Performers What SMIF Students Learn Discussion
- 5. SMIF Annual Return 11.10% S&P 500 Annual Return 16.00% -5.00% 0.00% 5.00% 10.00% 15.00% 2012 Quarterly Portfolio Performance SMIF S&P 500
- 6. Telecom Serv 3% Materials 4% Utilities 3% Info Tech 19% Financials 16% Cons Staples 11% Industrials 10% Cons Disc 11% Healthcare 12% Energy 11% S&P 500 Telecom Serv 4% Materials 2% Utilities 3% Info Tech 20% Financials 14% Cons Staples 12% Industrials 11% Cons Disc 11% Healthcare 11% Energy 12% SMIF
- 7. TJX Companies (TJX) ◦ Long Term Gain of 107.75% Johnson & Johnson (JNJ) ◦ Gain of 31.93% Biogen Idec Inc. (BIIB) ◦ Gain of 31.19% AT&T (T) ◦ Gain of 29.8%
- 8. Amazon.com Inc. (AMZN) ◦ Sold 2/15/12, 16.07% loss Anadarko Petroleum Corporation (APC) ◦ Sold 5/14/12, 13.06% loss Intel Corp. (INTC) ◦ Sold 9/13/12, 10.0% loss Apple Inc. (AAPL) ◦ Sold 12/05/12, 9.64% loss
- 9. Sector Analysis (Group Project) ◦ Multiple regression of sector SPDR returns against economic factors ◦ Written report and presentation ◦ Sector allocation (+/- 5% of S&P weight)
- 10. Company Analysis (Individual Project) ◦ Buy/Sell sheet (owned or formerly owned co) Five forms of valuation Ratio comparisons with competitors Recommend Buy/Sell/Hold ◦ Detailed company report (another company) Buy/sell sheet for another company Presentation Recommend buy/sell/hold Allocation of companies for sector
- 11. Three MBA students and Dr. Thompson attended the G.A.M.E. Conference in New York from April 4th to 6th, 2013. ◦ Based on 2012 performance, and for the third year in a row Lamar SMIF placed first in the graduate level value fund. Other graduate level winners were Fordham University for growth and Rice University for core portfolios. ◦ Thursday: panel discussions from Wall Street notables ( Abby Joseph Cohen, Guy Adami, and others)
- 12. Friday: Break out sessions in areas such as forensic accounting, option volatility, socially innovative investing, portfolio management, and the new psychology of risk and uncertainty. Saturday, career orientations