Student Managed Fund

Students in this course will receive training in the management of the Student Managed Fund (SMF), under the guidance of course conveners and students enrolled in Student Managed Fund Extension. The primary task of students will be to provide support in formulating investment recommendations to be reviewed and endorsed by an Investment Advisory Committee that includes industry practitioners and ANU staff. The students will also be responsible for assisting in the day-to-day functions typical of a managed fund. An SMF Charter and Governance Structure Statement sets out the policies and procedures under which the SMF operates. Admission to the course will be selective, with the expectation that students who successfully complete the Student Managed Fund course will continue to the Student Managed Fund Extension course. To ensure continuity, students enrolled in the Student Managed Fund Extension course will adopt senior managerial and decision-making roles; and will be responsible for training the students enrolled in the Student Managed Fund course so that they can progress to the senior roles when enrolled in the Student Managed Fund Extension course. Student learning occurs through assisting in the management the SMF and its activities, and in undertaking research in support of investment recommendations and design of investment processes. The course is essentially an advanced form of activity-based learning, where teaching staff provide direction and support through workshops and consultations rather than formal lectures.