Student Managed Investment Fund
Long-term investing, measured against the market.
The SMIF manages a focused portfolio of U.S. equity-type securities using fundamental valuation, supported by sector funds and international exposure. This dashboard summarizes performance, risk, net assets, and portfolio composition from the fund's 2026 quarterly reports.
Ending Net Assets
$4.15M
June 30, 2026 · up $641,112 from March 31
Q2 2026 Return
18.34%
S&P 500: 14.87%
Q2 Outperformance
+3.47%
versus S&P 500
1-Year Return
35.62%
S&P 500: 20.86%
3-Year Annualized
22.37%
S&P 500: 19.00%
Beta
0.91
S&P 500 benchmark: 1.00
Volatility
13.80%
S&P 500: 14.49%
Sharpe Ratio
7.71
S&P 500: 6.52
Prior-Year Alpha
14.55%
reported in Q2 2026 statement
Quarterly Performance vs. S&P 500
Last six quarters · grouped bar chart of quarterly returns · six-quarter compounded return: SMIF 45.53% vs. S&P 500 28.73%
Net Asset Growth
Quarter-end net assets
June 30, 2026 Portfolio
Aggregated by security where the statement lists multiple lots
$4,146,887
| Security | Market Value | Portfolio Weight |
|---|