QUAAF is raising $500,000
By 2022 to Double AUM
Your support will allow QUAAF to:
Expand investments into the universe of U.S. hedge funds, as well as invest within funds with a higher minimum
Provide further hands-on learning opportunities in emerging areas in alternative investments such as Sustainable Investing and Real Estate
Engage more students across every one of Smith Master’s Programs and host future events
Who We Are
Managed exclusively by Queen’s students and overseen by facility and industry professionals, the QUAAF portfolio holds both public and private alternative asset strategies.
The QUAAF management team is composed of students currently enrolled in the Smith School of Business at Queen’s University:
Master of Business Administration (MBA)
Master of Finance (MFin)
Master of Management Analytics (MMA)
Master of Management in Artificial Intelligence (MMAI)
QUAAF’s investment mandate focuses on providing long-term capital appreciation while preserving the current assets under management for future student participation. QUAAF has a global mandate with regional concentrations in Canada, United States, and Asia.
QUAAF is designed to provide students with “hands-on” experience focused on providing exposure to the investment industry, alternative strategies, and portfolio management. Through the engagement of alumni, current members, and industry professionals, QUAAF has established itself as an invaluable educational opportunity for Queen’s students.
Find out how we are structured and the kind of investment opportunities we are looking for.
During the fall of 2011, eight full-time MBA students pooled $6000 of their own capital in hopes of persuading Smith School of Business to create Canada’s first student-run hedge fund.
After the group of students demonstrated their financial acumen through solid returns on their investment, Smith leant its support and QUAAF was created in January of 2012.
The group quickly recruited several other MBA students, built teams of research analysts and formed alliances with influential leaders in the financial industry. The team dove into its study of Canadian Hedge Funds and made its initial investments before handing the reigns over to the next year’s class.
At the beginning, QUAAF only consisted of both MBA and Master of Finance (MFin) students, but has now expanded to include MMA and MMAI students. QUAAF has made significant strides in developing the methodology by which it constructs its portfolio, and provides superior risk-adjusted returns that exhibit low correlation with the market indices.
Each generation of QUAAF members is responsible for ensuring sustainable operations and financial stewardship of the fund. QUAAF remains true to its core values and objectives which include education, fund performance, professionalism, and integrity.