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College of Business

MADISON INVESTMENT FUND WINS FIRST PLACE

James Madison University’s Madison Investment Fund (MIF) took first place in the undergraduate division for the top performing value equity portfolio at the 2005 Redefining Investment Strategy Education (RISE) symposium held March 30-April 1 at the University of Dayton (Ohio).

JMU was one of five undergraduate programs from six countries to take top honors in the world’s largest student portfolio competition. This is not only a national first-place in value investing, it is an international MIF where most of the 132 represented schools competed. JMU was judged the best performer based on the MIF’s portfolio risk adjusted return for the preceding year.

The winners were:

Undergraduate Division Winners:

  • James Madison University, Harrisonburg, Va.: value-style equity portfolio.
  • University of Oregon, Eugene, Ore.: blend-style equity portfolio
  • University of Arkansas, Fayetteville, Ark.: hybrid portfolio.
  • Stetson University, Deland, Fla.: fixed income portfolio.
  • Northern Arizona University, Flagstaff, Ariz.: growth-style equity portfolio