Michael Price Student Investment Fund (MPSIF)
Drive positive returns that exceed the rate of inflation
- MPSIF provides Stern MBA students interested in pursuing a career in asset management with hands-on experience managing a real fund with significant assets. In addition, MPSIF is required to pay an annual 5% dividend to the University of Oklahoma Price School of Business, Mr. Price's undergraduate alma mater, for its students' tuition to attend summer classes at Stern.
- The objective of the MPSIF family of funds (Growth, Small Cap, Value, and Fixed Income) is to maximize total return consistent with the risk appropriate for an endowment fund. The goal is real capital preservation while striving for real growth. The current benchmark aggregate for MPSIF is a portfolio composed of 25% Vanguard Total Bond Index, 25% Russell 1000 Growth Index, 25% Russell 1000 Value Index, and 25% Russell 2000 Index.