Rebsamen Fund Beats S&P 500 Again
by June 19, 2006 12:00 am 65 views
The University of Arkansas’ Portfolio Management class is still beating the pants off Standard & Poor’s 500 benchmark, though not by as much as a year before.
For calendar year 2005, the Rebsamen Fund beat the S&P 500 index by 7.5 percent, down from a stellar performance in 2004 with 19.7 percent.
The Rebsamen Fund began in 1970 with a $100,000 endowment from Raymond Rebsamen. It was worth $1.25 million on June 15.
Returns on the fund support the ongoing activities of the portfolio class as well as finance internships.
Craig Rennie, assistant professor of finance at the UA, teaches the class.