Supporting the programs of Virginia Tech, the foundation funds student investing teams - SEED, BASIS, and COINs - that provide a real life learning experience and a platform for future success.
Student-managed Endowment for Educational Development (SEED)
SEED is a student-managed large-cap domestic equity portfolio that gives students real world investing experience. SEED was founded in 1991 through the Pamplin College of Business and given an initial investment of $1 million by the Virginia Tech Foundation in 1993. Through the years, seeing the success of the group, the foundation has gradually increased its investment to $5 million which is benchmarked to the S&P 500 Index. Over the years, SEED has performed well relative to its benchmark, and become nationally ranked for assets under management in student-managed funds. The experience that students receive being part of SEED has launched them into highly sought after internship positions and investment management jobs at such firms as Goldman Sachs, Morgan Stanley, Citigroup, and Capital One. SEED is now the largest non-curricular student run investing group in the nation.
Bond and Securities Investing by Students (BASIS)
BASIS was created in 2004 as a research project investigating a fixed-income investment fund, and in 2006 received approval from the foundation’s Investment Committee to invest $2.6 million of the endowment into the markets. BASIS provides a unique educational experience for students preparing them for positions in many areas of the financial sector at such companies as Credit Suisse, Goldman Sachs, JP Morgan and Citigroup. Even through stressful investing years, BASIS has achieved strong positive returns for the endowment at the foundation. They currently manage about $5 million of the foundation's endowment.
Commodity Investing by Students (COINs)
Commodity Investing by Students (COINS) is the only student-run agricultural commodities trading group in the United States and invests a portfolio of up to one million dollars of the Virginia Tech endowment. COINS has a goal to outperform the PowerShares DB Agriculture Fund (DBA) and PowerShares DB Energy Fund (DBE), a benchmark set by the Virginia Tech Foundation. The first student investing team of it's type, the group gives students hands-on experience and offers several types of scholarships to exemplary team members. COINS attains 100% job placement for its student members.