Slide2: Mark Anderson
Jayme Place Current Team Members: Daniel Ruble
TVAIC Program TVAIC is a program allowing business students to gain real world investment experience by managing an equity portfolio of $450,000 on behalf of the TVA Nuclear Decommissioning Trust Fund.
The team competes against 25 other universities in the TVA area. Slide3: Performance Record UT’s team has won $70,000, the leading money winner in the competition thus far.
3 Year Awards
First Place 2001: 80% return
First Place 2002: 10% return
1 Year Awards
Second Place 2000
First Place 2001
Third Place 2002 Slide5: Performance Measures If you had invested $1000 with the UT portfolio upon its inception in 1998, you would have $2044.
A similar investment in the S&P would have returned $973. Slide8: TVAIC Investment Philosophy Value oriented style based on the investment philosophy of Warren Buffett.
Strong emphasis on fundamental analysis
Earnings multiplier valuation models
Pro-forma performance estimation
Focus on managerial integrity and competence Slide10: TVAIC’s Contribution to the University The team’s winnings are used to subsidize two student trips each year.
Each February, a group of students journey to Omaha to meet with billionaire investor Warren Buffett.
Over Fall Break, students speak with financial professionals on Wall Street regarding careers in Finance. Slide11: The University of Tennessee and TVA
Investing in Students’ Futures