StudentManagedInvestment Fund

Student learning experience, balanced with fiduciary responsibility.

Drawing of Amy and David Chandler Hall, Gordon Ford College of Business

$1.5MReal capital

~36Students

6Sector teams

11S&P 500 sectors

How it is invested: Every dollar starts in a sector ETF; approved student picks replace it.
Who decides: Students propose and vote, the Faculty Advisor settles close votes, the Board oversees.
What it pays: A 4% annual withdrawal, raised from the sector ETFs.
How it is judged: Against the Russell 3000 Total Return Index over rolling three-year periods.

Prices at close, Oct 30, 2026S&P 500Benchmark1.77%XLKTechnology179.514.89%XLFFinancials56.510.76%XLVHealth Care184.870.45%XLYConsumer Discretionary115.380.71%XLCCommunication Services99.901.29%XLIIndustrials167.401.60%XLPConsumer Staples89.421.41%XLEEnergy70.021.91%XLUUtilities43.430.67%XLREReal Estate43.170.26%XLBMaterials52.740.40%

S&P 500 down 1.77%; XLK 179.51, down 4.89%; XLF 56.51, down 0.76%; XLV 184.87, up 0.45%; XLY 115.38, down 0.71%; XLC 99.90, down 1.29%; XLI 167.40, down 1.60%; XLP 89.42, up 1.41%; XLE 70.02, up 1.91%; XLU 43.43, up 0.67%; XLRE 43.17, up 0.26%; XLB 52.74, up 0.40%