UGA’s Student Managed Investment Fund (SMIF) is a premier opportunity for students to gain hands-on experience in managing an active investment portfolio in close cooperation with the UGA Foundation.
Investment Portfolios
Athena Stock Fund
A U.S. long-only equity portfolio that manages $3.6M invested across 10 different sectors represented by 40 individual stock holdings.
Arch Bond Fund
A brand-new fund that will start active trading in Fall 2025 with a funding commitment of $1.25M and the full support of the UGA Foundation.
Our Mission: Spread the Alpha
A collaboration of students from both funds will analyze and network together and separately in the areas of portfolio management, economic analysis and security evaluation. SMIF provides an opportunity to develop an extensive network of peers, and with our extensive alumni network, we say “Once a SMIF member, always a SMIF member.”
Athena Stock Fund: An established fund managed by a class of 50 students. Employing a top-down approach, students develop a sector allocation strategy and work in sector teams to pitch individual stocks for inclusion in the portfolio. Each stock pitch includes a qualitative assessment of the investment thesis for a chosen company as well as a detailed valuation.
Arch Bond Fund: A unique opportunity to help Finance majors gain hands-on experience analyzing the macro environment, developing rate strategies and implementing a fixed-income asset allocation strategy by creating and managing a diversified USD bond portfolio. Students pitch individual securities for inclusion in the portfolio and benchmark against the Bloomberg AGG index. Few universities have anything similar, making UGA’s SMIF an unrivaled conduit for student learning and employment prospects.
Portfolio
Athena Stock Fund
- Aon
- Apple
- Arista Networks
- AstraZeneca
- Bank of America
- Blackstone
- Boston Scientific
- Broadcom
- Builders FirstSource
- Cheniere Energy
- The Coca-Cola Company
- Constellation Brands
- Eaton Corporation
- Exxon
- First Industry Realty Trust
- General Dynamics
- HCA Healthcare
- Kinder Morgan
- KLAC
- Labcorp Holdings
- Lennar
- Martin Marietta Materials
- McDonald’s
- Meta
- Microsoft
- Mondelez
- Moody’s Corp.
- Omega Healthcare Investors
- Proctor and Gamble
- ServiceNow
- Starbucks
- Tractor Supply Co.
- Walmart
- Waste Management
- Zoetis
Arch Bond Fund
- iShares AGG ETF 100%
2025–26 Applications
Applications for the 2025-2026 academic year are open. Applications are due Friday, March 21st at 11:59 p.m.
Alumni & Recruiters
Whether you’re wanting to connect with SMIF students or share your insights, we’re always happy to hear from you! By getting involved, you provide students with an opportunity to learn more inside the classroom and expand their network. Get started by emailing our current leadership team at smif.uga@gmail.com.
Donate to SMIF
Where our Alumni Have Gone
