Beginning next week, the Lancer Student Investment Fund (LSIF) will be providing weekly market updates through The Rotunda. The articles will include a prior week recap on he stock market, supplemented with information such as important economic data releases, macro- economic news, notable stock highlights and current commentary/observations made by the sector managers.
The LSIF is very excited to team up with The Rotunda to shed light on some of the important market moving information that they are following and feel it will be a great way for students to learn a little about investing before they become working professionals.
The LSIF was founded in the spring of 2002, when a grant by the Foundation Board was given for $250,000. Since then, the organization has seen tremendous success, growing the fund’s holdings to a current level of $480,000. Their largest holdings include Amazon.com, Exxon Mobil and Apple Inc.
The fund holds a total of 57 stocks and can be described as a strictly long domestic equity portfolio that concentrates on Mid to Mega Cap stocks. The fund’s operations are run by its ten sector managers that range from seniors to sophomores and serves as a great way for members to gain real world experience in the field of finance and investing.
If you are interested in learning more about the fund, please email Kyle Profilet at kyle.profilet@live. longwood.edu. The LSIF is always looking for interested members who are eager to learn and participate. Meetings are held every Tuesday at 6:00 p.m. in room G14 of Hiner Hall.
