TASK: You and your investment team just won the mandate to manage Humber College’s $50 million Endowment Fund. The endowment fund’s objective is to ensure current and future generations share equally in the benefits of the fund.
Your success will be benchmarked against the S&P/TSX Composite. The college administrators have requested stock selection be restricted to the S&P/TSX 60.
Assignment #1 – Group submission
Topic 1 – Discussion of an appropriate strategic asset allocation for the endowment fund, and provide your reasoning.
o Cash
o Fixed Income
o Equities
– Provide a detailed discussion on your 5 top securities. Include the following:
o State the equity portfolio weight relative to the index.
o Discuss why you chose to overweight these securities. Include the following:
o strategic asset (3-year trends):
o Sales growth trends
