GTSF

Though the Investment Committee is a fully voluntary extracurricular activity, those members who hold positions they have been appointed to are expected to completely meet all responsibilities that come with the job to their full ability.  Anything short of expectations will be handled by the IDG and could lead to a person being dismissed from their position within the committee.  The positions are discussed in more detail below.  A flowchart of the Investment Committee structure can be found on the previous page.

Senior Directors

The Investments Committee has two senior directors, the senior financial director (SFD), and the senior managing director (SMD).  The SFD and SMD act as co-chairs to the Investments Committee, they are the lead members of the Investments Decision Group (IDG), and they each hold a seat on the Student Foundation Board of Trustees.  The specific roles for the SFD and SMD are listed below.

Senior Financial Director (SFD) – (4 to 6 hours a week)

The SFD is the official head of the portfolio and anything related to the general strategic vision of the Investments Committee.  He or she is responsible for chairing IDG meetings, executing all trades, maintaining daily control of the portfolio, and making sure sound research and due diligence have been completed before coming to any decisions.  Together with the SMD, the SFD sits on the Student Foundation Board of Trustees, and shall act as a liaison between the board, other student foundation committees, and the Investments Committee.  The SFD holds the tie-breaking vote on all IDG decisions and is able to trade up to 10% of the portfolio’s value at his or her discretion, though this is usually only done in emergency situations.  All IC members report to the SFD and SMD as co-chairs of the group.

Senior Managing Director (SMD) - (4 to 6 hours a week)

The SMD is the official head of personnel and operations for the Investments Committee.  He or she shall work together with the SFD to guide the general strategic vision of the committee.  The responsibilities of the SMD include scheduling and chairing all regular IC meetings, acting as a head of human resources for committee members, planning recruitment and mentorship training of new members, as well as overseeing all marketing activities, special events, and information technology.  Together with the SFD, the SMD sits on the Student Foundation Board of Trustees, and shall act as a liaison between the board, other student foundation committees, and the Investments Committee.  The SMD holds a vote on all IDG decisions.  All IC members report to the SFD and SMD as co-chairs of the group.

Directors and IDG

Along with the SFD and SMD, the Investments Decision Group (IDG) shall consist of three or more directors each holding a vote on IDG decisions.  There will be at least three director positions each holding specific responsibilities, however more positions may be formed as necessary.  All IDG members are asked to attend all IC meetings, and they are required to attend bi-weekly closed door IDG meetings.  The three defined director positions are Director of Information Technology, Director of the Portfolio, and the Director of Mentorship and Special Projects.  Each position is explained in more detail below.

Director of Marketing and Information Technology – (2 to 4 hours a week)

This director will work directly for the SMD and will collaborate with the Board of Trustees IT and Marketing Chairs.  He or she is responsible for maintaining the committee’s e-mail lists as well as overseeing the Web Programmer for issues pertaining to the website.  He or she should also make sure that there is an updated portfolio on the website on a bi-weekly basis, and that all committee announcements and the online calendars are posted, accurate, and up to date.  This director will also aid the SMD and/or the Board of Trustees Marketing Chairperson in carrying out any marketing activities required by the Investments Committee.

Director of the Portfolio – (2 to 5 hours a week)

Also called the “Portfolio Manager,” this director will work directly for the SFD and is responsible for updating and maintaining the Investment Committee Portfolio.  He or she is responsible for keeping track of all committee trades and reasons for the trades.  On a bi-weekly basis, the Portfolio Manager should collect news from the sector analysts, organize it, and send it out to the Investments Committee e-mail lists.  The Director of the Portfolio should immediately contact IDG about investments that may be in trouble, and will work closely with the SMD to schedule necessary stock re-evaluations.  At the end of each month and each year, the Director of the Portfolio should produce an updated portfolio including charts and graphs, and then he or she will send it out via e-mail to the entire IC and Board of Trustees.  The e-mail should include any trades that took place during the month, as well as a short summary about the portfolio’s performance during the time span.

Director of Mentorship and Special Projects – (2 to 4 hours a week)

This director will report to the SMD.  He or she is responsible for smooth planning and execution of the mentorship program offered to new members at the beginning of each semester, as well as oversight of any out of the ordinary projects taken on by the Investments Committee.  Examples of special projects include things such as the development of a new website, coordination of guest speakers at meetings, social events with the Investments Committee, as well as oversight of several other ad hoc committees that may be formed within the IC.

Senior Analysts

Senior Analysts are members of the Investments Committee with intermediate knowledge of the financial world.  Senior Analysts will consist of six to nine sector analysts as well as a web programmer.  On top of the specific responsibilities listed below, Senior Analysts will also be asked to continue their self-learning of finance by teaching and helping the analysts that work with them, always seeking to achieve the goal of producing the next generation of leadership for the Investments Committee.  The senior analyst is a mentor to the analysts and associates below him or her.

Executive Secretary – (2 to 3 hours a week)

There will generally be one to two executive assistants.  The executive assistants will be responsible for keeping records of proposals and decisions made on them. They will be in-charge of getting the presentations on time and keeping records for all presentations made for future reference. They will also attend IDG meetings and  keep record of all IDG decisions.

Sector Analysts – (1 to 2 hours a week)

There will be anywhere from six to nine sector analysts that are each responsible for the oversight of a specific sector of the portfolio.  The sector analysts will each take on a group of analysts that will constantly watch the performance of stocks in their respective sector for news or hints of trouble.  Sector Analysts should also be on a constant lookout for new investment opportunities arising in their sector.  On a bi-weekly basis, each sector analyst should collect news from the analysts assigned to each stock in their sector, and report it to the Director of the Portfolio.  Any news requiring immediate attention should also be sent to the SFD.  Sector Analysts are expected to attend all meetings, especially those that will have presentations relevant to their sector.

Web Programmer - (1 to 2 hours a week)

The Web Programmer is the senior analyst that works directly for the Director of Information Technology.  The Web Programmer will serve as an assistant for website maintenance and updates.  Every presentation given at meetings as well as material to go along with the presentations should be uploaded to the website in a timely manner.  He or she will work closely with the Director of the Portfolio to make sure there is a new portfolio on the website at least once a month.  The Web Programmer is not required to attend all meetings, however, attendance is a major factor in further promotions within the committee.

Analysts - (½ to 2 hours a week)

The only difference between an analyst and an associate is that an analyst will be assigned to cover a particular holding in the portfolio, and an associate does not have any assigned responsibilities other than to attend meetings.  Each stock in the portfolio will have one analyst assigned to it.  An analyst may only be assigned to a stock if they have previously given a stock report presentation to the entire group.  This analyst is required to keep track of their company’s progress, understand the company’s place in their market, and read the day to day news for the company.  A summary of the company’s news should be sent to the appropriate sector analyst on a bi-weekly basis.   The most important responsibility for both analysts and associates is that they are expected to be in a constant state of learning about finance and portfolio management.  This responsibility includes reading finance books on their own time, keeping constant track of world news and how it relates to the markets, and asking questions at meetings.  There will be one analyst that will be given the title of Marketing and Recruiting Lead.  This Analyst will be responsible for aiding the Director of Mentorship and Special Projects in any marketing activities needed for the IC, as well as helping to recruit new members at the beginning of each semester.  This Analyst reports directly to the Director of Mentorship and Special Projects, and all other analysts and associates report to their sector analysts.

New Members (Affiliates) - (½ to 2 hours per week)

At the beginning of every semester, interested new members are welcome to join the IC.  New members will go through a quick “mentorship training course” that will set a solid basis of knowledge to excel in the Investments Committee and the financial world.  The “mentorship training course” will generally start in the third or fourth week of each semester, and will last a few weeks.  Upon completion of the training course and passage of a basic quiz, a new member will become an associate of the Investments Committee.  Questions or comments from new members should be directed to the Director of Mentorship and Special Projects or to the Senior Managing Director.