Flyer Investments
History and Overview
Flyer Investments is a student-managed portfolio
seminar - the capstone course of the VI²P curriculum. As part of the
team, top-ranked students work together to manage a diversified
portfolio of equity and fixed-income securities. The application and
interview process for the team is competitive. The fund was
established in 1994 with an initial grant of $25,000 to create the
Flyer Value Fund. The portfolio grew in value until 1999, when it was
liquidated to help fund construction of The Davis Center for Portfolio
Management. The Growth fund was established in 1997 with an initial
installment of $50,000 from Oak Associates. Additionally, the Flyer
VI²P Fund was established in 1999 with a $250,000 grant from the
University of Dayton Endowment. Periodically, the fund receives
infusions as a result of strong performance. Currently valued at $6.3 million, the Flyer VI²P Fund ranks in the top ten largest undergraduate student-managed portfolios in the nation.
By managing these funds, students invest across sectors and industries in a well-diversified portfolio, utilizing in-depth analysis of equity and fixed-income securities.
According to the alumni network, which now spans over 300 professionals, this program lays the foundation for careers in the industry.
Awards and Recognition
The Flyer Investments Team has received multiple awards over its lifetime as well as recognition from industry professionals and universities alike. Awards include:
- Oak Associates Top Performer in 1997
- R.I.S.E. 2001 National Growth Champion
“The winners here are the students who are managing real money as they compete against the best financial managers in the world. The students have been very successful outperforming their benchmark over the last three years. This is what today's education should be about -- exposure to real-life experience and the competitive pressure packed world of money management.”
- Richard P. Davis
“They act like they've been in the business for 10 years when they haven't even been in the business 10 days."
– Robert J. Froehlich |
