McGill Students takes 3rd place in UCU Investment Challenge

Lara accepts a novelty cheque from Michael Zienchuk,
Manager of the Wealth Strategies group at UCU

Lara Franko, the third place winner of our first Investment Challenge came by our Bloor Branch last week to collect her $500 prize. She invested her winnings into an account managed by Michael Zienchuk of our Wealth Strategies Group.

Lara is a 1st year student at McGill University enrolled in the International Development Studies program. She says she applied for the program because she is interested in world issues, politics and anthropology and the IDS program combines all three of those interests.

"I have learned a lot about different cultures and societies, and I think understanding this is important in order for me to work in other countries trying to help them in development," Lara says. She is looking forward to finding a summer job or internship with an organization like Free the Children Toronto, Habitat for Humanity, Unicef or a similar group.

"I signed up for the UCU investment challenge because it was a great opportunity to learn about stocks and investing," she says. "The contest is a fun competitive way to learn about the stock market and how to invest. I would definitely recommend the contest to other students!"

She took third place with a balanced strategy that was not too high risk, "I am generally careful with finances, I wouldn't feel comfortable in a high-risk investment," she adds.

We wish Lara all the best in her studies and future investments. To find out how to sign up for the next round of the UCU Investment Challenge, click here. But hurry, the deadline is January 13!

We will post photos of the other winners when we have a chance to get them. In the meantime the full list of winners is here: We have our winners.