Thank You

The Carlson Growth and Fixed Income Fund would not be possible without the investment and support by our 11 participants throughout the Twin Cities. We appreciate their involvement and will continue to keep close relationships with our financial partners in the community.

Participant Benefits

  • Provide students with a realistic view of the industry
  • Build a more educated group of finance professionals
  • Recruit from top students in the area
  • Help students network with other professionals in the field
  • Realized positive ROI
  • Meet the students during our fall road show

Fund Performance History

The detailed historical performance of the Carlson Growth and Fixed Income Fund are not displayed to the general public. Please feel free to speak with either Professional Directors regarding the performance of the Fund portfolios.

Carlson Growth Fund Performance

  Year-to-date Since inception
Carlson Growth Fund -12.40% 298.70%
Russell 2000 Growth Index -4.42% 160.00%

Portfolio Value: $18.1 m

In accordance with the new portfolio guidelines approved by the Board in August 2015, the Carlson Growth Fund (CGF) is now using the Russell 2500 Growth as an index. In September, CGF saw returns of -5.04% while the Russell 2500 returned -5.55%. A majority of losses stem from a few select stocks and only one stock owned by CGF showed gains in September. 

European markets, as well as Chinese markets, seem to be settling and the US Market saw a rally in September which partly corrected a market overraction in some growth stocks. CGF analysts believe the Chinese slowed growth might be a part of a longer term cycle. 

Data as of September 30, 2015

Carlson Fixed Income Fund Performance

  Year-to-date Since inception
Fixed Income Fund (Gross) 1.90% 4.06%
Barclays Int. Gov/Credit Index 1.77% 3.99%

Portfolio Value: $19.1 m

The CFIF portfolio is now significantly overweight 10-year and the flattening of the curve in September positively affected our performance. It outperformed its benchmark by 13 bps in September.

In the markets in general, interest rates were down across the curve while credit spreads widened by 8 bps. September was marked by a stabilization in oil prices, as well as the Fed's decision to leave interest rates unchanged, despite satisfactory unemployment numbers. 

Data as of September 30, 2015

Participant News

Insights from Thrivent

Russ Swansen, Chief Investment Officer at Thrivent, produces periodic market commentary for the site, "Wall Street to Your Street." The site also includes podcasts/videos and links to other important information.