For the past eight years, graduate business students at Portland State have managed a diversified stock portfolio that has consistently outperformed the Standard & Poor's 500 index. Now, D.A. Davidson & Co. has invited Portland State's School of Business Administration to join the Davidson Student Investment Program, managing a new investment account worth $50,000.
The PSU student-managed portfolio was established in 1997 with a $50,000 initial investment by the Portland Society of Financial Analysts (now the Chartered Financial Analysts Society of Portland) and $30,000 additional investment. The account is now valued at over $160,000. Students taking the Investment Analysis and Portfolio Management class learn and apply principles of security analysis and portfolio management, with a goal of earnings that meet or exceed that of the S&P 500 Index--without exceeding a market level of risk.
Though the rules for the D.A. Davidson investment program are slightly different, the students' approach will be the same, spreading investments over a variety of sectors, but with the added incentive that the University splits profits over five percent with D.A. Davidson, funds that will likely support scholarships for future business students. Portland State is one of 20 participating universities. For more information on the PSU student investment portfolio, visit www.psuportfolio.pdx.edu.