FINC Investments - Investment Policy Statement

GRADING RUBRIC FOR PORTFOLIO MANAGEMENT PROJECT

Student:

Description of Evaluation

Failing, undeserving of credit

Passing, but below standard

Satisfactory, meets essential requirements

Superior Work and clearly above average

Work of Distinction

Related Grade

F

D-, D, D+

C-, C, C+

B-, B, B+

A-, A, A+

Category

Input

Required Topics

Grade

Points

Weight

Score

1. Introduction - Provide a brief overview of the project and include an overview of the contents of the final report.

Introduction is not presented or underserving of credit.

Only  a superficial effort to develop the introduction.

Satisfactory presentation of the introduction.

Superior presentation of the introduction and clearly above average.

Distinctive and very thorough presentation of the section.

#N/A

6.00%

#N/A

2. Investment Policy Statement - Present the investment policy statement including how and why specific investments are to be selected. The investment policy statement must include the quantitative risk and return objectives for the portfolio.

Virtually no effort to develop the Investment Policy Statement.

Passing development and presentation of the Investment Policy Statement.

Satisfactory development and presentation of the Investment Policy Statement.

Superior development and presentation of the Investment Policy Statement.

Distinctive development and presentation of the Investment Policy Statement.

#N/A

12.00%

#N/A

3. Changes to Investment Policy - Based on the experience gained managing the portfolio, what changes should be made to the initial Investment Policy Statement and why?

Virtually no effort to develop an explanation of needed changes for the Investment Policy Statement.

Passing examination of potential changes to Investment Policy Statement.

Satisfactory examination of potential changes to Investment Policy Statement.

Superior and relatively comprehensive examination of potential changes to Investment Policy Statement.

Distinctive and comprehensive examination of potential changes to Investment Policy Statement.

#N/A

12.00%

#N/A

4. Construction of the Portfolio - Identify and briefly discuss the various securities included in each segment of the portfolio. This section should explain how and why the specific securities were selected and how they are consistent with the requirements of the Investment Policy.

Virtually no effort to examine the selection of investments and construction of the portfolio.

Passing analysis of the selection of investments and construction of the portfolio. Passing discussion of how and why securities were selected.

Satisfactory analysis of the selection of investments and construction of the portfolio. Satisfactory discussion of how and why securities were selected.

Superior analysis of the selection of investments and construction of the portfolio. Superior discussion of how and why securities were selected.

Distinctive analysis of the selection of investments and construction of the portfolio. Distinctive discussion of how and why securities were selected.

#N/A

12.00%

#N/A

5. Investment Performance - Explain the actual returns of each asset category of the portfolio (i.e., stocks, bonds, options, and futures). This should include the HPR (holding period returns) for each category of the portfolio. The performance of the stocks and bonds should be compared to major market indices. The performance of each asset category needs to be compared to the initial expectations. An assessment of future performance needs to be presented.

Little if any effort to examine and analyze portfolio performance.

Passing assessment of portfolio performance; minimal discussion of expectations and anticipated performance.

Satisfactory assessment of portfolio performance; some discussion of expectations and anticipated performance.

Superior assessment of portfolio performance; good discussion of expectations and anticipated performance.

Distinctive assessment of portfolio performance; excellent discussion of expectations and anticipated performance.

#N/A

12.00%

#N/A

7. Portfolio Risk - Calculate and discuss the beta of the stock segment of the portfolio and explain how it is consistent with the risk objectives and requirements of the investment portfolio.

Little if any effort to examine portfolio risk.

Passing examination of portfolio risk; appropriate calculation of beta; may be marginal discussion of portfolio risk requirements.

Satisfactory examination of portfolio risk; appropriate calculation of beta; adequate discussion of portfolio risk requirements.

Superior examination of portfolio risk; appropriate calculation of beta; good discussion of portfolio risk requirements.

Distinctive examination of portfolio risk; appropriate calculation of beta; excellent discussion of portfolio risk requirements.

#N/A

12.00%

#N/A

8. What Was Learned - Explain the most important things that were learned from the construction, management, and assessment of the investment portfolio.

Use of tables, figures and other graphics in support of paper is unworthy of credit

Passing presentation of the concepts learned.

Satisfactory presentation of some concepts, ideas, practices, and procedures learned during the portfolio management exercise.

Superior presentation of the concepts, ideas, practices, and procedures that were learned during the portfolio management exercise.

Distinctive and thoughtful presentation of the concepts, ideas, practices, and procedures that were learned during the portfolio management exercise.

#N/A

12.00%

#N/A

9. Writing, Grammar, Spelling, & Presentation - Logical and Smooth Flowing Transitions and Relationships Among Sections of the Written Report. Writing - Spelling; Grammar; Avoidance of Personal Pronouns; Avoidance of Referring to Company as They, Their, or Them; etc.

Paper is poorly written and presenter; not worthy of a passing evaluation.

Passing written presentation with no major weaknesses.

Satisfactorily written presentation with no major weaknesses.

Superiorly written presentation with no major weaknesses.

Distinctively written presentation with no major weaknesses.

#N/A

12.00%

#N/A

10. Research Sources and Significance of Research Information and Data, Use of APA Citation Methodology, Use of Double Spaced Text.

No obvious effort to use professional and supporting research sources.

Passing effort made to use appropriate professional and supporting research sources which may be accompanied by inadequate documentation.

Satisfactory effort to identify and use appropriate and professional and supporting research sources with some documentation.

Superior effort to identify and use appropriate and professional and supporting research sources; appropriate use of APA documentation.

Distinctive selection of research sources with obvious significance; proper use of citation methodology, etc.

#N/A

10.00%

#N/A

Total

100.00%

15. Individualized Comments About Research Paper

Grade on Paper

#N/A