The Senbet Fund

Senbet Fund Overview

"The Lemma Senbet Fund is an innovative and rare opportunity for undergraduate students to make real investment decisions and manage real money. The fund gives our top students the chance to apply what they’ve learned in their finance classes to actual investment decisions. This program, and several others in our Undergraduate Fellows Program, gives Smith students a competitive edge in the job market and prepares them to be business leaders with analytical skills and hands-on experience."

-- Howard Frank, Dean of the Robert H. Smith School of Business

In 2006, the Lemma Senbet Fund was founded to provide undergraduate students at the Robert H. Smith School of Business with a hands-on learning experience in portfolio management and equity analysis. The Senbet Fund is comprised of a select group of senior finance majors who manage real money to provide healthy returns for the fund, while simultaneously learning invaluable lessons about the world of finance.

The Senbet Fund is managed by a select group of senior finance majors at the Robert H. Smith School of Business who comprise a management team of two portfolio managers and eight equity analysts. The Senbet Fund's goal is to achieve capital appreciation by capturing the superior returns that equity investments have historically provided. The Fund's long-term performance goal is to outpace the appreciation of the S&P 500 on a risk-adjusted basis.