A team of UT Martin students who manage a stock portfolio in the Tennessee Valley Authority Investment Challenge program recently claimed a $10,000 performance award for 2007, placing second in the competition with an annual return on investments of 28 percent compared to the S&P 500 composite index return of 5.5 percent. Additionally, UTMartin is in first place in the three-year performance category with an annual return of 21 percent (versus the S&P return of 8.6 percent). The program, in its 10th year, is an innovative and unique partnership among TVA and 25 universities in its service territory that provides a real-world learning experience in portfolio management. The challenge gives students enrolled in the Finance 411 class hands-on experience in stock analysis and in managing the TVA stock portfolio.
|