Nemea Fund guiding principles
Fund objective
The objectives of the Fund are:
To provide a realistic and professional environment in which students can cultivate skills that are indistinguishable to those seen in investment institutions.
To provide Fund members with an in-depth, practical experience regarding stock valuation and portfolio management, allowing them to apply theory that has been studied in their degree in a real-world setting. Activities such as using a Bloomberg terminal, manipulating financial models, and putting together pitchbooks are all to be expected.
To promote collaborative working through creating reports together that will ultimately drive the portfolio of the fund.
All of these objectives ultimately work together to provide participants the necessary skills to boost employability.
Fund strategy
The Fund’s strategic focus is on identifying assets that have long term, fundamental value which is reflected by the ‘buy and hold’ mentality when screening investments. Significant risk comes along with speculative assets and as a result, the Fund completely avoids derivatives.
Performance of the Fund will be benchmarked against the FTSE Developed index/FTSE Environmental Opportunities All Share (FTEOAS) to gauge our performance, whilst simultaneously considering the Environmental, Social and Governance (ESG) aspect of our investments.
Any surplus funds that are generated during operation of the Fund will be reinvested to further grow our Assests Under Management (AUM), or will be used for charitable causes as determined by the advisory board.
Environmental Social Governance (ESG) outlook
The fund holds ESG in high regard when choosing investments, and as a result, adheres to various United Nations (UN) guidelines.
The Business School is a member of the UN global compact and as a result, the principles also apply to the Fund, addressing issues in areas such as human rights, labour, the environment, and anti-corruption.