The Golden Griffin Fund (GGF) is a student-run investment fund at Canisius College worth over $350,000. Started in 2003 with $100,000 from the college's endowment, the GGF is now invested in 29 companies in small to mid-sized growth stocks. Economics and finance seniors manage the fund by researching and monitoring assigned companies and industries to make recommendations. Students also compete in the CFA Institute Research Challenge, where Canisius won in 2015 against over 865 universities globally.

1. THE GOLDEN GRIFFIN FUND
 What it is
 Why it is relevant to you
By: Kenneth Kamholz

2. THE FINANCIAL MARKETS
LAB & TECHNOLOGY

3. SO, WHAT EXACTLY IS THE GGF?
 It is a student-run, real-money investment fund
 Started in 2003 with a $100,000 commitment from the
college’s endowment fund
 Now worth over $350,000
 Portfolio currently consists of stock holdings in 29
companies
 Benchmarked to the Russell 2500 Growth Index
 Small-mid market capitalization stocks
 Growth Stocks
 Examples of companies that are held in the fund:
 Under Armour, Rite Aid, Toro, The Whitewave Foods Co., & Polaris

4. THE STUDENTS’ REQUIREMENTS
 Economics / Finance majors only
 Seniors with high grades in previous, especially core,
classes
 Must be enrolled in Equity Analysis by the start of the
GGF program
 Two-semester program
 Summer book report
 Mentor communication

5. STUDENTS’ ROLE AS ANALYSTS
Monitor / research:
 An assigned company
 The company’s industry
 Economy’s current and future state
 Economic indicator
Report monthly on the company
 Make a recommendation
PowerPoint Presentations
 Monthly monitor reports
 Periodic presentations on assigned economic indicator

6. WHY SHOULD YOU BE PROUD?

7. THE CFA INSTITUTE RESEARCH CHALLENGE
Student teams of 5 participants
Perform equity research on a company
 Present reports & recommendation to panels of judges
Students compete on the local, national, &
then international level
Canisius won the competition on April 17th
2015
 Against 865+ universities from 70 countries

8. IMAGE URLS:
 https://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=imag
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IhvbY28gCFUJbPgod3mYKGQ&url=https%3A%2F%2Fgriffpay.ca
nisius.edu%2FC20497_ustores%2Fweb%2Fstore_main.jsp%3FS
TOREID%3D2&bvm=bv.105841590,d.cWw&psig=AFQjCNH2m_u
8vvw8_q3FGzfj4hvuc18uPw&ust=1445796232339604
 http://www.canisius.edu/contentAsset/resize-image/9e0f93b4-
06d8-4a63-a3bd-abd13f2ed8ab/bodyImage?w=710&h=365
 http://www.canisius.edu/dotAsset/f8ed300e-d01b-4cb5-89db-
daa787645cb7.jpg