The SFU Investment Club is comprised of a group of students who make trades on the stock market. The club uses money from the Saint Matthew Investment Fund, which was originally established with a $5,000 donation from National Bank of the Commonwealth in Indiana, Pennsylvania.
“Our job as members of the Investment Club is to manage the money in the fund and make trades that will hopefully turn a profit,” said Trent Meyers, president of the club.
The fund received an additional $5,000 donation in 1992. Today, there is $115,000 in the fund, thanks in large part to an early and wise investment in Apple Inc. by former club members.
“We are lucky to have the Saint Matthew Investment Fund, which allows us to make real trades and track our progress,” said Meyers.
In addition to Apple, the Investment Club has also grown the Fund through investments in Generac and T-Mobile.
“Apple is our most successful stock – it is currently up about 7,000%, – and it comprises about 20% of our portfolio,” said Meyers.
Associate Professor of Finance Margaret Kealey and Professor of MIS John Miko advise the Investment Club and execute the trades once club members agree on what trades they want to make.
“Every time we meet we do different things, but usually one of our group members will pitch a stock and the rest of the club votes on whether we should invest or not,” said Meyers.
Hundreds of Business students have learned more about the market and its trends since the Investment Club’s founding more than 30 years ago.
“My favorite part was when we did our stock pitch bracket challenge,” said Joey Miller, a freshman member of the club. “It was fun to compete with the other members and vote on what we thought the best stock was.”
