About QUAAF

Queen’s University Alternative Asset Fund (“QUAAF”) is currently Canada's only student-run alternative asset investment fund.  Managed exclusively by Queen’s students and overseen by facility and industry professionals, the QUAAF portfolio holds both public and private alternative asset strategies. The QUAAF management team is composed of students currently enrolled in the Queen’s Smith School of Business Masters of Business Administration (“MBA”) program and Master of Finance (“MFIN”) program.  QUAAF’s investment mandate focuses on providing long-term capital appreciation while preserving the current assets under management for future student participation.  QUAAF has a global mandate with regional concentrations in Canada, the United States, and Asia.

QUAAF is designed to provide students with “hands-on” experience focused on providing exposure to the investment industry, alternative strategies, and portfolio management. Through the engagement of alumni, current members, and industry professionals QUAAF has established itself as an invaluable educational opportunity for Queen’s students.

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Our Team

Our Team

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Portfolio

Portfolio

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Sponsorship

Sponsorship

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Our History

During the fall of 2011, eight full-time MBA students pooled $6000 of their own capital in hopes of persuading Smith School of Business to create Canada’s first student-run hedge fund. After the group of students demonstrated their financial acumen through solid returns on their investment, Smith leant its support and QUAAF was created in January of 2012.

The group quickly recruited several other MBA students, built teams of research analysts and formed alliances with influential leaders in the financial industry. The team dove into its study of Canadian Hedge Funds and made its initial investments before handing the reigns over to the next year’s class. The 2011-2012 team consisted of both MBA and Master of Finance (MFin) students. QUAAF has made significant strides in developing the methodology by which it constructs its portfolio, and provides superior risk-adjusted returns that exhibit low correlation with the market indices.

Each generation of QUAAF members is responsible for ensuring sustainable operations and financial stewardship of the fund. QUAAF remains true to its core values and objectives which include education, fund performance, professionalism, and integrity.

Ben Graham

"The underlying principles of sound investment should not alter from decade to decade, but the application of these principles must be adapted to significant changes in the financial mechanisms and climate."

-Ben Graham

For Inquiries, contact our Executive Team.