Student-Managed Investment Fund (SMIF)

Dr. Ken Martin, Program Director

Overview

Student-managed investments are funded through the Cheryl Glass Wetherbe and James C. Wetherbe Dean’s Excellence Fund for Student Investment.

• Open and/or download the SMIF: Wetherbe Fund Excel spreadsheet to see the latest results. After you open the file, click the “Enable automatic refresh” button.

The Wetherbe Fund

James Wethebe, Class of 1971

In 2006, James C. Wetherbe established the Cheryl Glass Wetherbe and James C. Wetherbe Dean’s Excellence Fund for Student Investment with the NMSU Foundation.

The fund was established with the $75,000 net proceeds from selling a 1957 Chevrolet automobile (a turquoise rag-top no less!) and from the proceeds of a Rolex watch, both of which were received as gifts from Mr. Wetherbe.

This fund is administered as a student-managed investment fund through prudent investment management techniques. The Finance faculty at NMSU decided to manage this fund using an asset allocation strategy by investing in selected Exchange-Traded Funds under the direction of Dr. Kenneth J. Martin. The first investments into the fund were made in January 2007.