The Graduate Student Managed Fund (GSMF) is an unleveraged, long-only domestic portfolio that employs a top-down asset allocation strategy, using the S&P Index as its benchmark. The GSMF is a great opportunity for students pursuing a career in capital market investing and portfolio management. After starting as a club in 2010, the GSMF has grown into an investment portfolio with over $60,000 in assets.
GSMF aims to emulate the internship environment found in a mutual fund. Within the GSMF, students have the opportunity to work in a variety of roles, including: Chief Information Officer, Chief Economist, Fund Accountant, and Equity Research Analyst. The course structure is more flexible than typical CM courses and allows students to specialize in a market sector or industry. Participating students are also required to become Bloomberg certified.
The entrepreneurial nature of the fund rewards students who take initiative and gives them a platform to become leaders. Its practical, hands-on approach complements the more theoretically focused course work found in typical College of Management (CM) courses. Classes are held in UMass Boston's Bloomberg/New Technology lab in Healey Library, which holds 12 Bloomberg terminals.
Additionally this class usually provides the majority of Graduate Assistants from the Bloomberg Training team - usually four to five slots every semester.
In addition, GSMF members have the opportunity to listen to and interact with the invited speakers from CM’s Financial Services Forum