Student Investment Advisory Service (SIAS Fund) is type of student managed investments fund and part of Simon Fraser University (SFU) Endowment Portfolio managed by Master of Science in Finance program candidates at SFU business school.
[1] At the beginning of the program (academic year), candidates (investment managers) go through extensive training via three sources: (1) the previous SIAS cohort, (2) faculty members and most importantly, (3) a group of elite industry professionals, before they are handed down the power.
This team generates monthly compliance and performance reports for the fund which is sent to the clients and the faculty advisors.
The fund also holds quarterly performance review presentations before a panel of industry advisors; a few of B.C's preeminent portfolio managers, which are open to the public[2] As one of the largest student managed funds in North America, SIAS was awarded the best student-run value investment fund in North America in 2007 and 2012 based on performance by RISE (recognized by Businessweek).
As active contributors to managing SIAS; $11 million of SFU's large endowment portfolio, FRM candidates also provide mentorship to a number of well qualified and trained SFU finance undergraduate students in their role as associate analyst for the fund.