• Class Description

  • Would you like to manage a stock portfolio that is a part of the University of Denver’s endowment fund?

    Reiman Fund Class, Student Managed Investment Fund
    The Reiman Fund class (FIN 3710) is an applied portfolio management class that manages an actual stock portfolio. Students in this class learn to use leading industry datasets and analytical tools to identify undervalued stocks. Student investment recommendations are implemented in an actual stock portfolio. The course teaches sector analysis, stock selection and portfolio management. We also use stock options to hedge the risk of certain positions around earnings announcements.


    Since we want this class to be a premiere experience for our top undergraduate students interested in investments, students must apply to be admitted. Admission is competitive.

    If you would like to learn more, you are welcome to attend one of our classes or meet with me in person.

    Application Deadlines
    Autumn Quarter: noon on May 10

    Winter Quarter: noon on October 25
    Spring Quarter: noon on February 9
    Summer Quarter: apply anytime,  rolling admission until the class is full

    Class Meetings
    The Reiman Fund class meets in the Marsico Investment Center, which is on the first floor of the Daniels College of Business. During the Autumn, Winter, and Spring Quarters, the class times are 2:00 – 3:50 on Mondays and Wednesdays. In the Summer Quarter, the class meets from 5:30 – 7:40 on Tuesdays and Thursdays. 

    FREQUENTLY ASKED QUESTIONS:

    How do I apply for the class?
    Admission is by instructor only. To apply, email the following four items to Kay Brisch (Elinor.Brisch@du.edu):

    (1) resume
    (2) list of finance courses taken (including grades)
    (3) cover letter explaining your interest in the class
    (4) the academic quarters in which you plan to take the class

    This course is a two-quarter commitment. For example, you might take it in the fall and winter quarters. It is a four credit hour class in each quarter. 

    Do I have do take it in consecutive quarters to satisfy the two-quarter commitment?

    We prefer that you do take it in consecutive quarters (for example, the Winter and Spring quarters). But students frequently take it in the Spring quarter, do not enroll in the Summer Quarter, and take it again in the Fall quarter. 

    Is this class offered in the Summer Quarter?
    This class is offered in the evening during the summer quarter. We want students to have the opportunity to work full-time while also taking classes. 

    Can I take it for a third quarter?
    Students may apply to take it for a third quarter but this is optional.

    What’s the typical profile of a student in the Reiman Fund class?
    The class is targeted to our best finance students who are interested in careers in investments, equity analysis, or portfolio management. However, undergraduate students in other majors are also encouraged to apply and have been valuable members of our portfolio team in past quarters. The ideal applicant will have already taken a class in investments or security analysis. If you have only taken one finance course, then you should probably wait until you have taken more finance courses before applying. 

    Is there a best time to apply?
    This class meets in the Marsico Investment Center, which has a limited number of seats.

    Many students apply to start the class in the fall quarter, and it is relatively more difficult to get admitted to start in this quarter even if you have a strong application. Fewer students apply to start the course in the summer quarter. We are more likely to admit qualified students who want to start in the summer. 

    What is the investment strategy?
    Current strategy for the Reiman Fund

    At the beginning of each quarter, our students discuss the Fund’s investment strategy. By majority vote, they will either affirm the strategy used in the last quarter or change our approach to finding undervalued stocks. 

    What are the current investments and portfolio value?
    Reiman Fund Portfolio 

    What databases do we have access to?
    Capital IQ 

    What is the benchmark?
    Our primary objective is to beat the performance of the S&P MidCap 400 Index.

    Each week we determine how well we are doing and why through portfolio attribution. 

    What textbooks are used in the class?
    The Little Book that Builds Wealth: The Knockout Formula for Finding Great Investments

    Warren Buffett, CEO of Berkshire Hathaway and an iconic investor, said “in business, I look for economic castles protected by unbreachable moats.” The Little Book that Builds Wealth discusses how to identify companies with economic moats.

    Investment Valuation

     

This portfolio last updated: 31-Jan-2018 8:13 AM