About the Mac Investment Club
The MAC Investment Club is a student operated and funded investment Club with over $56,000 of assets under management. Established within McMaster University’s Michael G. DeGroote School of Business, the Club is at the core of DeGroote’s student community. The MAC Investment Club provides McMaster students with a unique hands-on learning experience in the Capital Markets industry. The MAC Investment Club pools money from sponsors, corporate investors and individual investors with aim to maximize investment return, and encourages general members to actively participate to further their investment knowledge.
Since inception, the MACIC has seen explosive growth in assets under management and memberships. In 2008, the first year of operation, the Club accumulated $18,500. In 2010 this amount grew to over $100,000. Further reflecting the increasing popularity and recognition of MACIC has been membership growth. In 2008, the Club began with 77 members, in 2010 the Club reached a total of 250 members. For the 2011/2012 year, the MACIC has amassed $56575 in assets under management and 285 members.
For the 2011/2012 year, the MACIC has returned to its roots of education through action. A renewed focus has been placed on education. The Club is offering tutorials and seminars on a wide range of topics across the capital markets. These topics include seminars on equities, technical analysis, commodities, fundamental analysis, derivative, fixed income, etc. Included, will be two special topics on significant financial events like the financial crisis/recession that began in 2007/2008. These seminars will be presented live by an executive team member and will be available in hard copy on the website immediately following the presentation.
In following with education through action the Club will also implement a weekly update that will be sent to investors and Club members via email. This newsletter will include updates on portfolio positions, important news on invested sectors, and why positions have changed or not changed. The Club is looking to give members the option of watching a live stream of the meetings and downloading videos of the stock pitches from the website.