UCU Investment Challenge Ready for Launch!

We have had a great response so far to the UCU Investment Challenge, which will officially be set at midnight tonight. We have 27 portfolios entered, which is really great, as it will be a competitive contest. The entries are quite varied, with most focused on stocks (in both Canada and the US), but also ETFs and mutual funds as positions. Some of the most popular positions include AAPL (Apple), GOOG (Google), and MCD (McDonald's).

It's also interesting to see how several entries have adjusted their position weights in anticipation of creating torque in their portfolio, to capture either upside moves in their positions. Looks like we have a very sophisticated investing crowd here, and I look forward to hearing from our contestants or anyone else following this contest with their thoughts and insights on market moves during the contest. We start tracking price changes for all positions on October 17, and there is a trade date set for November 17th, so if anyone wants to make position switches, 5pm deadline on November 17th is your chance. Good luck to all!

For more info on the contest, please visit this link: UCU Investment Challenge.

MZ

To read a bit about Michael Zienchuk please visit his Spotlight entry.