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 --6.80% 262.81%
Russell 2000 Growth Index -2.28% 137.97%

Portfolio Value: $16.5 m

During the month of January, the best performers for the month were Cardiovascular Sys Inc and Bank of the Internet Inc with positive performance of 13.33% and 8.42% respectively. January saw the US economic data come in softer than expected. Q4 GDP disappointed at an annualized rate of 2.6% and ISM manufacturing fell -3.2 to 55.5. With the continuing strength of the US dollar exports also are facing some challenging times. While the US equity markets lagged in January, it is still clearly the most attractive place to be. Also we expect to see an uptick in the small cap space as these companies are typically not as exposed to exports and the effects of the stronger US dollar.

Data as of January 31, 2015

Carlson Fixed Income Fund Performance

  Year-to-date Since inception
Fixed Income Fund (Gross) 1.71% 4.19%
Barclays Int. Gov/Credit Index 1.66% 4.15%

Portfolio Value: $19.1 m

We are pleased to update you regarding the monthly progress of The Carlson Fixed Income Fund.   During the month of January, our portfolio outperformed the benchmark by 5 bps.  This outperformance was again driven by our underweight position in the energy sector, where falling oil prices have led to increased volatility, and by our short duration and underweight position in the financial sector, where spreads widened.  Over the last year, the CFIF has outperformed the benchmark by 32 bps.

As the semester starts, many of our analysts have just returned from our global discovery program exploring the developing business worlds of China, Chile and Argentina, and the Middle East.  Currently, we are in the process of building credit models and presenting recommendations for the remaining credits in our portfolio, as well as discussing current market trends and portfolio positioning.  Over the next few weeks, our class will begin to identify credits within our sectors to add to the portfolio and present these credits to the mentors in the spring.

Data as of January 31, 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.