Investment Fund

Real capital, managed the way real funds are.

Student-run, built around one institutional workflow. Research finds the opportunities. Portfolio Management decides how they fit. An Investment Committee decides where the capital goes.

2
Teams · Research + Portfolio Mgmt
5
Investment Committee seats
3of 5
Votes to approve a position
4wks
Bootcamp before placement

The philosophy

Built around the process, not the personalities.

Nobody owns a slice of the money. Ideas are found, sized, and approved by different people — and every one of them has to survive a challenge first.

01 · RESEARCH

Finds the opportunities

“Should we own this company, and why?”

Pods of three or four analysts take one company at a time and bring the whole case to the room: thesis, model, catalysts, risks, price target.

02 · INVESTMENT COMMITTEE

Decides whether we own it

“Does this idea get approved?”

Five seats — the CIO, the Director, and the three team heads — hear the pitch and the Q&A, then debate and vote. Three of five approve.

03 · PORTFOLIO MANAGEMENT

Decides how it fits

“Now that it’s approved, how much do we own?”

Only after the committee approves: portfolio fit, correlation with what we already hold, sector exposure, risk, the position size — and exactly where the money comes from.

Research never sizes a position, and Portfolio Management never sources one. That separation is what makes the fund run like a fund — and it's the same separation you'll find on a real desk.

Structure

The fund's org chart, live from YIC OS.

This is the same chart the leadership team designs in the club's operating system — seats, teams and the people holding them, as they stand today.

Loading the chart…

    The two divisions

    What each side actually does.

    Research

    Should we own this company, and why?

    Every pod works one name at a time and delivers the full institutional package — then pitches it to the whole fund, every week or two. That's a constant pipeline of ideas, and every analyst gets grilled the way they will be in interviews and competitions.

    The workflow
    Screen→Research→Model→Write→Pitch→Defend
    What a pod delivers
    Company overviewIndustry overviewInvestment thesisFinancial statement analysisCompetitive positioningCatalystsRisksRelative valuationDCFPrice targetOne-page memoPresentation
    Research does not size positions. It answers whether the fund should own the company. What that means for the portfolio is the PM's job.

    Portfolio Management

    If we agree, how much should we own?

    Portfolio Management runs the book: what goes in, how big it is, what it does to risk, and when the macro picture genuinely warrants a tactical move.

    Three jobs
    • Portfolio constructionPosition sizes · sector weights · cash · core ETF exposure · concentration · portfolio beta · benchmark exposure
    • Risk managementDrawdown · correlations · volatility · position and sector concentration · thesis deterioration · portfolio-level risk
    • Macro & tactical allocationRates · inflation · GDP · the Fed · labor data · geopolitics · commodities · the yield curve · sector leadership
    Strategic portfolio: slow-moving. Tactical sleeve: active. News is not a reason to rotate. PM makes a tactical change only when the case is strong enough to survive the committee.

    Decisions

    How an idea becomes a position.

    Four steps, in order. Portfolio Management allocates nothing until the committee has voted.

    Research pitch

    Research pod
    • Thesis
    • Valuation
    • Catalysts
    • Risks
    • Price target

    Q&A

    The whole room
    • Research defends the thesis
    • PM challenges it
    • Assumptions get pressure-tested
    • Adversarial by design

    Committee vote

    Investment Committee
    • Five seats debate and vote
    • Three of five to approve
    • Nothing is funded without approval

    PM review

    Portfolio Management
    • Only after the committee approves
    • Portfolio fit and correlation
    • Sector exposure and risk
    • Position size
    • Funding source

    Capital isn't infinite. Every buy names what pays for it.

    Once the committee approves an idea, Portfolio Management turns it into a trade: a position size and a funding source. Approval isn't “buy NVIDIA” at any size — and nothing is funded before the vote.

    PM allocation · after approvalExample
    ProposalBUY NVDA · 3.0% of book
    Funded byQQQ 22% → 19%
    Sourced byResearch pod · pitched Thursday
    Investment CommitteeApproved 3 of 5 · then PM sizes

    The Bootcamp

    Four weeks from zero to your first pitch.

    Weeks one through three are taught by the Research team, week four by Portfolio Management. Dates are announced when the Bootcamp opens.

    WEEK 01 · RESEARCH

    Finding a thesis

    Pick a company with alpha. This is what the market sees, this is why the market's wrong — and the catalyst that proves it.

    WEEK 02 · RESEARCH

    Modeling & valuation

    Excel, spreading and forecasting financials, the DCF, comps and precedent transactions, sensitivity and scenario tables.

    WEEK 03 · RESEARCH

    Investment memos

    PowerPoint, how to portray your vision and paint the picture, and when to use a pitch deck versus a one-pager.

    WEEK 04 · PORTFOLIO MGMT

    Portfolio management

    Portfolio allocation, risk management, performance measurement, and macro analysis.

    PlacementResearch or Portfolio Management — earned, not requested.

    The pathway

    From your first 10-K to representing UCF.

    Competitions aren't a separate club. They're what Research pods grow into.

    1. ApplyAny YIC member can apply when the Bootcamp opens.
    2. BootcampFour weeks: finding a thesis, modeling, memos, and portfolio management.
    3. Research podEarn a seat. Work one company at a time with your pod.
    4. Internal pitchesPitch the fund all fall. Every pitch is scored.
    5. Internal championshipThe YIC Stock Pitch Championship at the end of fall, teams of three or four.
    6. Spring competitionThe strongest analysts compete against other clubs.
    7. External competitionsRepresent UCF against other schools.

    Scored all season

    Every internal pitch is graded on the same six things: thesis, research, modeling, valuation, presentation, and Q&A. By the championship, nobody's ranking is a surprise.

    Judged by people who do this for a living

    The internal championship brings in alumni and professionals to judge — the same audience you'll face in interviews. The winners are the spring competition team.

    Selection

    Selective by design.

    Two stages: a Bootcamp that gives a lot of people a real shot, and an analyst team that stays small enough to manage real capital properly.

    STAGE 01

    Investment Fund Bootcamp

    Accepted applicants join the four-week Bootcamp — finding a thesis, modeling and valuation, investment memos, and portfolio management.

    Open to accepted applicants4 weeksTaught by Research + PM
    Apply to the Bootcamp  →
    STAGE 02

    Investment Fund Analysts

    ResearchPortfolio Management

    After the Bootcamp, leadership places analysts on merit — not by asking which team you'd prefer. Didn't make it this time? Reapply next semester; the Bootcamp runs again.

    Ready to earn a seat?

    Fund analysts are drawn from YIC members. Apply for the Bootcamp — and if you're not a member yet, join the club first.