ANU Student Managed Fund

01/09/2026

Meet the Risk and Compliance (R&C) Team:

The Risk & Compliance (R&C) team are a group of hardworking and analytical students responsible for monitoring and reporting on the Fund’s portfolio performance, assessing portfolio risks, and maintaining and updating the Portfolio Attribution (PA) Model. The team also ensures investments align with the SMF’s Socially Responsible Investment (SRI) policy, which extends from the broader ANU SRI framework with additional Fund-specific constraints. R&C collaborates with the AAE and AA teams to ensure ESG (Environmental, Social, and Governance) considerations are integrated into investment decisions.

Additionally, R&C is responsible for the Fund’s Behaviour Bias Risk Management Framework and regularly undertakes red-teaming to identify and mitigate risks stemming from behavioural bias. The team also leads the Breach Management process, where potential SRI policy violations are identified, investigated, and escalated to the Fund Convenor and CIO for resolution.

Stay updated on the SMF’s journey by following up on Facebook and LinkedIn!
Facebook: https://www.facebook.com/smfANU
LinkedIn: https://www.linkedin.com/company/anu-smf

Learn more about the Student Managed Fund:
Link: https://rsfas.anu.edu.au/study/student-managed-fund

31/08/2026

Meet the Asset Allocation (AA) Team:

The Asset Allocation (AA) team is a group of driven and analytical students responsible for managing approximately 55% of the ANU Student Managed Fund's portfolio. Working across equities, fixed income and cash, the team determines the optimal asset mix to maximise long-term risk returns trade off.

The AA team plays a pivotal role in positioning the SMF for sustainable performance across market cycles, using rigorous macroeconomic analysis and scenario forecasting to keep the portfolio well-diversified and resilient.

Stay updated on the SMF’s journey by following up on Facebook and LinkedIn!
Facebook: https://www.facebook.com/smfANU
LinkedIn: https://www.linkedin.com/company/anu-smf

Learn more about the Student Managed Fund:
Link: https://rsfas.anu.edu.au/study/student-managed-fund

28/08/2026

Meet the Active Australian Equities (AAE) Team:

The AAE team manages approximately 45% of the ANU Student Managed Fund, researching ASX 200 companies to identify high-conviction investment opportunities. Analysts combine fundamental research, financial modelling and market analysis to assess current holdings and pitch new investment ideas to the Investment Advisory Committee. Through this process, students gain practical experience applying finance theory to real-world investment decisions while contributing to the Fund’s long-term objectives.

Follow the ANU Student Managed Fund for more updates!

Facebook: https://www.facebook.com/smfANU
Instagram: https://www.instagram.com/anu_SMF
LinkedIn: https://www.linkedin.com/company/anu-smf
Learn more: https://rsfas.anu.edu.au/study/student-managed-fund

27/08/2026

The Chief Investment Officer sits at the head of the student team, providing leadership and overseeing cross-team collaboration to ensure the smooth operation of the whole Fund. Acting as the last checkpoint before recommendations reach the Convenors for feedback and the Investment Advisory Committee for endorsement, the CIO ensures every proposal has been rigorously vetted and reflects the Fund's broader strategy and objectives. As part of these internal responsibilities, the CIO also works alongside Convenors to shape the agenda for team meetings, while representing the SMF to external parties — such as engaging with industry practitioners and marketing events.

The role extends well beyond leading the student team: the CIO oversees day-to-day Fund operations and acts as the main point of contact between the student team and Course Convenors.

It's a role that demands equal parts leadership, judgement, and organisation. By tying together the efforts of every sub-team, the CIO keeps the Fund running smoothly, drives it toward its goals, and upholds the standard of professionalism the SMF is known for.



Stay updated on the SMF’s journey by following up on Facebook and LinkedIn!

Facebook: https://www.facebook.com/smfANU

Instagram: https://www.instagram.com/anu_SMF

LinkedIn: https://www.linkedin.com/company/anu-smf



Learn more about the Student Managed Fund:

Link: https://rsfas.anu.edu.au/study/student-managed-fund

24/08/2026

The ANU Student Managed Fund will be hosting an On-Campus Residents Information Session. This is your chance to learn how we manage real investments right here at ANU!

Come along to hear about how the Student Managed Fund works, meet our teams, and chat with current members and analysts. Whether you're curious about finance or looking to get involved, this is the perfect opportunity to find out more.

Join us on Tuesday 25th August from 1pm-1.30pm in the Burgmann Chapel Room.

18/08/2026

A huge thank you to everyone who stopped by the ANU Student Managed Fund (SMF) stall at the Welcome to CBE & Info Market event! It was a pleasure meeting so many enthusiastic students and sharing what the SMF has to offer.

We're excited to see what this semester has in store and look forward to another rewarding semester with the SMF.

Want to learn more about the SMF? Visit our website via the link in our bio.

Stay connected and follow our journey on Facebook, Instagram, and LinkedIn.
Facebook: https://www.facebook.com/smfANU
LinkedIn: https://www.linkedin.com/company/anu-smf

18/08/2026

We are excited to share the latest portfolio snapshot from the ANU Student Managed Fund (SMF).

As of 23 July 2026, the Fund's total Assets Under Management (AUM) stood at $911,378.64, with an annualised return of +8.42% since inception.

Our portfolio is managed across two teams:

▪ Active Australian Equities (AAE): Responsible for selection and ongoing management of securities within the ASX200, currently comprising 45% of the total portfolio.
▪ Asset Allocation (AA): Manages a diversified portfolio of domestic and international ETFs across equities, fixed income, and cash, representing 55% of the total portfolio.

AAE Portfolio Holdings:

▪ Ansell Limited (ANN)
▪ Computershare Ltd (CPU)
▪ CSL Limited (CSL)
▪ iShares Core S&P/ASX 200 ETF (IOZ)
▪ Lendlease (LLC)
▪ Orora Limited (ORA)
▪ Reliance Worldwide Corporation (RWC)
▪ Suncorp Group Limited (SUN)
▪ Worley Limited (WOR)

AA Portfolio Holdings:
▪ Betashares Australian High-Interest Cash ETF (AAA)
▪ iShares MSCI Emerging Markets ETF (IEM)
▪ iShares Core S&P/ASX 200 ETF (IOZ)
▪ Vanguard Australian Government Bond Index ETF (VGB)
▪ Vanguard MSCI Intl Shares (Hedged) ETF (VGAD)
▪ Vanguard MSCI Intl Shares ETF (VGS)

Stay updated on the SMF's journey by following us on Facebook, Instagram and LinkedIn: Links in bio



Facebook: https://www.facebook.com/smfANU
Instagram: https://www.instagram.com/anu_SMF
LinkedIn: https://www.linkedin.com/company/anu-smf

Learn more about the Student Managed Fund:
Link: https://rsfas.anu.edu.au/study/student-managed-fund

17/08/2026

Wondering what the ANU Student Managed Fund is?

Students in the ANU SMF manage over $900,000 in assets, with annual distributions supporting an equity scholarship for students at the College of Business and Economics facing financial hardship.

The SMF offers students a unique opportunity to gain hands-on experience in the investment industry as part of a fully accredited ANU course. Mentored by two ANU Convenors, students gain insight into the day-to-day operations of a professionally managed fund, from conducting investment research to developing and presenting investment recommendations. Guided by ANU’s Socially Responsible Investment (SRI) Policy, students’ recommendations are reviewed and endorsed by the Investment Advisory Committee (IAC), which includes leading industry practitioners.

The ANU SMF consists of four teams:

⭐️Active Australian Equities (AAE) Team
⭐️Asset Allocation (AA) Team
⭐️Risk and Compliance (R&C) Team
⭐️Relationship (RT) Team

The SMF is a year-long program, with students committing to two semesters, beginning as juniors in FINM3009/FINM6009, before progressing to senior roles in FINM3010/FINM6010 if they achieve a minimum grade of Credit in their first semester, taking responsibility for daily fund management and mentoring the next cohort.

Interested in learning more? Visit https://rsfas.anu.edu.au/study/student-managed-fund

Stay updated on the SMF’s journey by following us on Facebook, Instagram and LinkedIn.

Facebook: facebook.com/smfANU
Instagram: instagram.com/anu_smf/
LinkedIn: linkedin.com/company/anu-smf/

17/08/2026

The ANU Student Managed Fund presents the End-Semester Report for Semester 1, 2026.

As of 29 May 2026, the SMF delivered a -4.38% Year to date (YTD) return, falling short of its target of CPI + 4.5% by 8.23%, with assets under management standing at $895,653.

Amid volatile markets, the Asset Allocation portfolio added 1.53% to total portfolio performance relative to the reference portfolio, driven largely by the fund’s Emerging Markets exposure, which contributed 1.71% YTD . The team also completed its first revision of the Investment Process document since inception and reviewed the Fund’s developed market allocation.

Amid geopolitical risk, tariff uncertainty and higher-than-expected inflation, the Active Australian Equities (AAE) portfolio returned -15.35% YTD relative to the iShares Core S&P/ASX 200 (IOZ) benchmark, with security selection contributing-7.91% to total portfolio performance -. Underperformance was largely driven by CSL Limited (CSL) (-4.04%), Lendlease (LLC) (-3.86%) and Orora (ORA) (-3.86%), reflecting company-specific headwinds, partly offset by modest gains in Worley (WOR) (+0.38%) and Computershare (CPU) (+0.52%). Over the semester, the team presented two in-depth recommendations to the IAC, both of which were endorsed: a buy recommendation for Computershare (CPU), which was added to the portfolio, and a sell recommendation for Westpac Banking Corporation (WBC), with the position subsequently sold.

For more detailed information on the Fund’s performance and highlights from the first semester of 2026, please refer to the report below:

https://rsfas.anu.edu.au/files/2026-08/SMF-End-of-Semester-Report-S1-2026.pdf



Learn more about the Student Managed Fund:

Website: https://rsfas.anu.edu.au/study/student-managed-fund



Stay updated on the SMF’s journey by following up on Facebook, Instagram and LinkedIn

Facebook: https://www.facebook.com/smfANU

Instagram: https://www.instagram.com/anu_SMF

LinkedIn: https://www.linkedin.com/company/anu-smf

24/05/2026

The ANU Student Managed Fund (SMF) was pleased to host Peter Wilmhurst as a guest speaker in Semester 1, 2026.

With over 30 years of experience in global equities and portfolio management, Peter shared valuable insights on investment philosophy, valuation discipline, sustainable investing, and long-term thinking in financial markets.

We sincerely thank Peter for his time and for sharing his knowledge and experiences with the SMF.

You can find key insights from the guest speaker session in our LinkedIn post below:
https://www.linkedin.com/posts/anu-smf-guest-speaker-peter-wilmhurst-ugcPost-7462448022031908864-V6ej/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFD18UUBlRsvCYdcDBoo-H-rO0Onra2Y1wE

Stay updated on the SMF’s journey by following us on Facebook, Instagram and LinkedIn.
Instagram: https://lnkd.in/eyGHrktS

Learn more about the Student Managed Fund:
Link: https://lnkd.in/gK4Bsj4k

The ANU Student Managed Fund (SMF) was pleased to host Peter Wilmshurst as a guest speaker in Semester 1, 2026. With over 30 years of experience in global equities and portfolio management, Peter shared valuable insights on investment philosophy, valuation discipline, sustainable investing, and long...