|
History of the Program |
|
In July of 2001 Colonel Cloud donated roughly $250,000 to establish the Maverick Investment Program. After two years of great results, Colonel Cloud generously gave another $90,000 to the program.
In merely seven years, the participants in this program have grown Colonel Cloud’s gift to approximately $500,000. If these returns continue, the Maverick Investment Program will soon begin issuing scholarships with the excess returns.
The program members hope to eventually receive additional outside funding in order to create multiple portfolio strategies. This will allow the University to expand its investment program by allowing more students to participate in the hands-on investment process.
|
|
About the Member Body |
|
The Cloud Student Managed Investment Fund is monitored by roughly seventy student members at UNO. Membership in the Maverick Investment Program consists mainly of students enrolled in the College of Business Administration; however, campus wide participation is encouraged.
Members participate at meetings by discussing equity investments and market movements with guest speakers from the business community. Members are responsible for tracking the performance of the individual equities held within the Cloud Fund. In addition, a final buy-sell meeting will decide what stock the program invests. Final analysis and portfolio strategies are performed by the program’s management team. Recently, there has been a donation of $500 to a student with the recommendation that yields the highest performance or reduces the largest loss after one year. |
