Category 5 Student Managed Investment Fund
Cat 5 SMIF is open to exceptionally strong, full-time undergraduate and graduate students enrolled at Miami Herbert who are interested in learning about the investment management industry
Who We Are
The Category 5 Student Managed Investment Fund is both an investment portfolio and a sequence of classes at Miami Herbert. With more than $1,500,000 in assets under management, the Fund provides students with real-world investment management and decision-making experience in both asset allocation and security selection. Participants are active as analysts, who focus on stock selection decisions in one of six sectors; and portfolio managers, who focus on allocation of decisions and risk management. The Fund meets every Wednesday night at 6:30pm, students who are interested are welcome to shadow.
What we do
The fund has two main objectives:
Investment Objective:
Seeking to maximize total return over time while maintaining a total risk level approximately equal to or less than that of a broad market domestic (U.S.) stock market index.
Educational Objective:
Providing a hands-on experience to graduate and undergraduate students in equity research and portfolio management. View some of our recent reports here.
Who can apply
Undergraduate Students with a GPA of 3.5 or higher, who have received a grade of A- or better in FIN302, and have taken or are currently enrolled in FIN320.
Graduate Students with an undergraduate GPA of 3.5 or higher.
application process
Applications for the Fund open a week before the start of each semester and close the Friday of the first week of the semester. In order to get access to the application, please reach out to cat5smif@miami.edu
