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 $4.5M invested across 10 different sectors represented by 41 individual stock holdings.
Arch Bond Fund
A fund that started active trading in Fall 2025 with $2.25M in active commitments secured and is actively deploying capital across fixed-income investments.
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.
2026–27 Applications
Applications for the 2026–2027 academic year closed March 27, 2026.
Portfolio
Athena Stock Fund
- Alphabet
- Amazon
- Amgen
- Aon
- Apple
- Arista Networks
- ASML
- AstraZeneca
- Blackstone
- Boston Scientific
- Broadcom
- Carnival
- Cheniere Energy
- The Coca-Cola Company
- Eaton
- Ecolab
- Exxon
- First Industrial Realty Trust
- Formula One Group
- General Dynamics
- Goldman Sachs
- HCA Healthcare
- Kinder Morgan
- KLA Co.
- LPL Financial
- Martin Marietta Materials
- McDonald’s
- McKesson
- Meta
- Netflix
- Omega Healthcare
- Phillip Morris
- Quest Diagnostics
- Southern Company
- Suncor Energy
- TJ Maxx
- Vici
- Visa
- Walmart
- Waste Management
Arch Bond Fund
- American Water
- Apollo
- Atmos
- CF Industries
- Constellation Energy
- Dominion Energy
- Essential Water
- Farm Credit Bank
- FHLB (Agency)
- First Citizens Bank
- Flowserve
- Freeport-McMoran
- Goldman Sachs
- Petrobras
- Quanta Services
- Tennessee Valley Authority
- United Health
- U.S. Treasuries
- Vontier
- Vulcan Materials
- WBD
- Xcel Energy
Premiere Sponsor
Seed Funder
for Arch Fund
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
