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The Finance and Investment Society at the University of North
Florida actively manages a virtual
investment fund. This group consist of both graduate and undergraduate business students. The 2008-2009 term
was the inaugural year for this program.
Each group is charged with the continuous
management of, an original $1,000,000 as a professional investment
firm. Each group represents one of the nine sectors:
Industrials, Materials, Consumer Discretionary, Consumer Staples, Technology, Healthcare, Financial,
Energy, Utilities. The group is then charged with buying stocks
within that sector and are competing with an equivalent
Exchange Traded Fund(ETF). For instance, the Energy Sector would would compete
against XLE. The selected students are administratively
organized with officer positions and responsibilities. Teams present
reports to aid in buy/sell decision making.
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