During Epiphany Term you are required to construct a portfolio of assets and manage and monitor its performance throughout the term using the StockTrak Portfolio Simulation software (details of the way in which the programme operates are provided). The investment period runs from Monday 11th January until Friday 19th March 2020.
An initial fund of $1,000,000 is available to purchase assets (equities, bonds, mutual funds, and ETFs). A $10 commission is charged for each trade so more trading will entail greater transaction costs. The total number of transactions is limited to 200 for the simulation period.
Please note that you are required to register an individual account on StockTrak for
the SIA Summative Assessment 2020-21. The assignment will be assessed by means of an individual written report that critically discusses the following:
The nature of the prevailing economic and financial environment that shapes
your investment decision-making and the potential impact of these on the
performance of the portfolio.
The investment philosophy that underpins the construction of the portfolio
the investment strategy adopted in constructing your portfolio (your
investment philosophy and strategy should be carefully distinguished from
The rationale for the allocation of assets between broad sectors and the
principles that have guided the choice of individual securities (the application
of technical and/or fundamental analysis).
The performance of the portfolio in relation to a chosen benchmark (and a
justification for the choice of benchmark).
The risk/return characteristics of the portfolio using appropriate portfolio
performance measures (consideration should be given to the performance of
your portfolio in terms of security selection, market timing, and diversification).
The strengths and weaknesses of your investment strategy and how any
lessons learned might alter your investment decision-making if you were
asked to construct a new portfolio at the end of the simulation period.
The discussion should be underpinned by appropriate academic and practitioner
Assignments should be typed, using 1.5 spacing and an easy-to-read 12-point font.
Assignments must not exceed the word count indicated in the module
The word count should:
Include all the text, including title, preface, introduction, in-text citations,
quotations, footnotes and any other items not specifically excluded below.
Exclude diagrams, tables (including tables/lists of contents and figures),
equations, executive summary/abstract, acknowledgements, declaration,
bibliography/list of references and appendices. However, it is not appropriate to
use diagrams or tables merely as a way of circumventing the word limit. If a
student uses a table or figure as a means of presenting his/her own words, then
this is included in the word count.
Examiners will stop reading once the word limit has been reached, and work beyond
this point will not be assessed. Checks of word counts will be carried out on
submitted work, including any assignments or dissertations/business projects that
appear to be clearly over-length. Checks may take place manually and/or with the
aid of the word count provided via an electronic submission. Where a student has
intentionally misrepresented their word count, the School may treat this as an
offence under Section IV of the General Regulations of the University. Extreme
cases may be viewed as dishonest practice under Section IV, 5 (a) (x) of the General
Very occasionally it may be appropriate to present, in an appendix, material which
does not properly belong in the main body of the assessment but which some
students wish to provide for the sake of completeness. Any appendices will not have
a role in the assessment – examiners are under no obligation to read appendices and they do not form part of the word count. Material that students wish to be assessed
should always be included in the main body of the text.
Guidance on referencing can be found in the programme handbook and on DUO.
Performance in the summative assessment for this module is judged against the
Relevance to question(s)
Organisation, structure and presentation
Depth of understanding
Analysis and discussion
Use of sources and referencing
PLAGIARISM AND COLLUSION
Students suspected of plagiarism, either of published work or the work of other
students, or of collusion will be dealt with according to School and University
END OF ASSESSMENT