The Student Managed Investment Fund has a dual mandate of maximizing the long-term capital appreciation of our fund while also educating students from all academic disciplines about asset management and broader financial services industry. We see the management of our fund as an opportunity for professional growth for students going into a wide variety of careers. Because we believe a common set of foundational knowledge about the global economy, capital markets, and economic trends are vital to the success of this organization, a training course will be required for all new members of the club going forward. Following the successful completion of this course, members will become analysts and cover a specific sector of the S&P 500, allowing them to attain a deep knowledge within a small portion of our portfolio. Finally, weekly meetings will include global economic updates as well as discussions with alumni that now work in the asset management industry.