UAB Green & Gold Fund
Green & Gold Fund Wins in Alternatives Category for the Third Consecutive Year at the 2013 R.I.S.E. National Investment Forum
The Green and Gold Fund is UAB’s innovative, successful student-managed investment portfolio. Based in the School of Business, it has developed an outstanding reputation extending beyond Alabama. The Fund has been profiled on national television by the highest-rated financial news channel in America, CNBC. The CNBC feature included an interview of the Fund’s Chief Investment Officer, a UAB undergraduate student. The interview aired on Squawk Box, the popular financial news show viewed globally by millions of investors before the U.S. stock market opens each morning.
Fund members perform actual investment portfolio management with real money, providing them with valuable experience for their future careers. All positions on the Fund—Chief Investment Officer, Chief Economist, Chief Accounting Officer, Marketing Director, Portfolio Managers and Analysts—are held by UAB undergraduate and MBA students, and several members have received internship and full-time job offers from investment management firms. Members manage a portfolio valued at approximately $525,000 (as of April 2012) by voting to buy and sell stocks, bonds, exchange-traded funds and other securities at weekly meetings. Some of the Fund’s current holdings include Apple and Google.
The Fund has received national exposure by winning back-to-back national collegiate portfolio competitions in 2011 and 2012, held annually at the R.I.S.E. (Redefining Investment Strategy Education) Forum, the largest student investment conference in the world. In March 2012, the Fund’s portfolio claimed its second straight victory in the Alternative Investment-Style Category by posting the highest risk-adjusted returns for 2011 in the competition, defeating numerous other prestigious business schools. The Fund also won first place in the Undergraduate Growth-Style Category at the 2008 R.I.S.E. Forum, which led to an article about the Fund in BusinessWeek (now Bloomberg Businessweek) magazine. The Birmingham News, AL.com and UAB Magazine have also published articles detailing the success of the Fund and its student members.
The Green and Gold Fund is a unique part of the School of Business’ emergence as a destination school for top students and faculty both regionally and nationally. For additional information about the Fund, please contact Dr. Andreas Rauterkus.