Triton Investments doubles seed money and returns $50,000 to UOG
After doubling the value of its investment portfolio, the University of Guam Triton Investments student organization — formerly the Student Investment Club — has returned its seed money of $50,000 to the University of Guam.
“Life is like investing in the stock market: There are highs and lows, but with knowledge
and resilience, you can find success in both.” |
The UOG Board of Regents entrusted the student organization with the seed money in 2007 to give students an opportunity to gain real-world investment experience and develop skills and abilities in managing an investment portfolio. Triton Investments grew the portfolio to more than $72,000 in 2017. Then, after the board reset the portfolio to $50,000, the student organization more than doubled the investment to $102,000 in November 2021.
The BOR passed Resolution No. 22-09 in February to recognize the student organization for its achievement.
Associate Professor of Finance Leila C. Kabigting, the faculty adviser of Triton Investments and chair of the Professional Master of Business Administration program, said Triton Investments allows students to apply what they have learned in their finance and economics classes, especially BA-323 Corporate Finance and BA-421 Investments & Real Estate.
Students analyze macroeconomic and corporate news to evaluate each company’s stock in the portfolio. Past and present Triton Investments executive boards commit to being fiduciaries of the investment portfolio, and market indices are used to benchmark the portfolio’s performance.
“Each executive board has its own investing style, which keeps Triton Investments very much dynamic,” Kabigting said.
Aside from managing its portfolio, Triton Investments reaches out to the community through its financial literacy presentations.
As Triton Investments President Christina Ha’ani Cruz said, “Life is like investing in the stock market: There are highs and lows, but with knowledge and resilience, you can find success in both.”
Cruz is joined by the following executive board members in managing the portfolio under the guidance of their faculty adviser:
The board credits valuable contributions of past executive boards led by former president Jonathan Pablo from 2017–2018 and former president Josiah Lanuza from 2018–2020.