MSA still leading KPMG Investment Challenge
Mount Saint Agnes Academy dominates the KPMG Senior School Investment Challenge for the third month in a row.
The school’s WallStreet Saints is again atop the rankings having made 15 trades, taking their virtual profit so far to $22,919.07, with their stock portfolio now valued at $122,919.07.
A second MSA team, Monopoly of Saints, is second with total gains of $14,475.36, from 22 trades. And the third MSA team, Saintly Investments is in fourth place of the 19 teams with a portfolio of $113,144.79, which includes the virtual execution of 38 trades.
Last month’s second place team CedarBridge Academy’s Money Mavericks fell to sixth place after 33 trades, as the value of their portfolio has grown $12,268.95 from the start.
Berkeley Institute’s RiskyGamer has made the most trades, 61, but it did not help them reach the top tier. They were in seventeenth place with a combined portfolio of $5,819.
In KPMG’s annual competition, student-teams use a virtual $100,000 starting point to mock invest as if they were participating in the real stock market.
The teams are ranked by how much they would gain from their investments, if their trades were real.
KPMG in Bermuda launched the annual Senior School Investment Challenge in 2005 as part of the firm’s ongoing commitment to education and youth development.
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