This is the latest update on the KPMG Investment challenge, which started in November and concludes at the end of this month. Berkeley Institute and Warwick Academy, the top two teams, have been featured in previous articles in the series.

A team of students from Bermuda High School are in third place in the KPMG Investment Challenge.

The competition is contested by 16 teams from seven schools across the island and involves students being given a virtual $100,000 portfolio to manage. They select stocks to invest in and adjust their portfolio when necessary.

The six-month challenge started in November and will conclude on Monday.

At the end of March the BHS team, We Will Stock You, remained consistent in third place with a portfolio value of $108,665 and a return of 9.55 per cent.

Berkeley Institute’s Twin Tech Bulls team held the number one spot with a portfolio value of $111.923 and a return of 11.92 per cent, followed by Warwick Academy team, The Warwick Wolfpack, with a portfolio value of $109,550.

The Royal Gazette met with a few of the students of the We Will Stock You team to discuss the knowledge they have acquired from the experience and how it will benefit them in the future.

Team member Marie-Sophie Brackstone said: “This was my first year doing it. I learnt that there’s a lot of different factors that go into stocks and what causes the prices to increase or decrease. You have to be aware what happens during the week and understand what goes into the company, and learn about the competitors as well.”

Isabella Wright, another team member, added: “I was a member of another group that came sixth last year, so this is my second time doing it.

“I have learnt a lot about how to spread your risk. You don’t want to invest in so many companies that your losing control of what’s happening. It’s best to keep your eye on less stocks and make sure you do well as opposed to investing in a lot of stocks.

“It is a nice activity to do in school, and also good to have a general understanding of the business world and how it works. In the future, I might want to invest in stocks and it’s good to have this background knowledge.”

Although the students do not plan to go down the investment and financial career route, they do believe that it is practical experience that they can use in the future.

Grace McNamara also took part in the challenge last year. She mentioned how social media plays an important role when investing in stocks.

She said: “I learnt you have to keep up with the news; for example, when Kylie Jenner said, ‘I’m so done with snap chat’, the Snap Chat stock just plummeted. You really just gotta be aware of all the different factors of what’s happening.”

The other team members are Madison Quig, team leader; Tessa Dill, Calvina Steede and Mila Kendell.

This is the first year that Claire Thompson, head of economics, business and accounts, has been involved in the investment challenge. She believes it is a great learning opportunity. She said: “This is a wonderful opportunity to be able to work as group and develop skills such as leadership.”

• The previous article on Berkeley Institute can be read here, while the article on Warwick Academy can be read here.