Real-world academics

The Krause Fund blends a challenging finance elective with an endowed equity portfolio. Our student analysts dive into the economy, explore industries, research companies, and build extensive valuation models using the same techniques as the professionals. This semester-length project culminates with a presentation to a team of financial professional for possible inclusion in the Krause Fund portfolio.

Spring 2021 analysts

The student analysts managing our fund are enrolled in Applied Equity Valuation (syllabus), which seeks to make students experts in the valuation techniques and analytical tools used by real-world analysts. Students work in teams to evaluate companies based on industry and provide detailed investment recommendations.

Analysts employ a top-down approach to research that integrates economic, industry, and company analysis, and use valuation techniques including discounted cash flow (DCF), economic value added (EVA), relative multiple (P/E, P/B, PEG ratio), and fundamental multiple analysis. Finally, all models are sensitivity tested against critical assumptions.

At the end of the course, analysts deliver investment presentations to our Investment Advisory Committee.

Industrials and Materials

Gustavo Campos, Eddie Khachikian, Calvin Marks, Michael Samataro, Kezheng Yi

Consumer Staples

Emily Ellinger, Kallie Klopfenstein, Meghan Maleri, Rachel Recker, Lauryn Vaske

Financial Services

Trey Godbolt, Jordan Miller, Dylan Rosenberg, Callarisse Trueblood, Jake Usher

Industrials

Drake Evans, James Hughes, Dee Le, Nolan Roethler, Carson Steffen

Technology

Ben Bai, Yue Sun, Emma Wang, Yixuan Wu, Mengai Zhu

Consumer Discretionary

Daniel Keough, Sean Meyer, Nate Sheehy

Energy & Utilities

Caleb Fitch, Jerome Mays, Guy Renquist, Grant Wambold

Health Care

Alex Aguirre, Natalie Kalter, Grace Klopstad, Haley Ness, Trajan Wells

Communications

Carter Josund, Connor Joyce, Jax Lamm, Dan Morgan, Zach Radel

Real Estate & Financials

Kyle Bucsa, Ethan Good, Cameron Pietzsch, Evan Pyle, Adam Schliesmann

Investment Advisory Committee

Our Investment Advisory Committee plays a key role in management of the Krause Fund. Students present their final research to the board each semester and the committee mentors our students while helping to prepare them for financial services careers. 

Ryan Baue, CFA

AEGON Asset Management

Matthew Bowersox

Jefferies Group

Bryce Engelbart, CFA

AEGON Investment Management

Tim Insko

StockViews

Jeff Kilkenny, CFA

Principal Global Investors

Kayla Kremer, CFA

AEGON Asset Management

Tiffany Lavastida, CFA

Principal Global Investors

Jonah Parker, CFA

Transamerica

Aaron Schaefer

Hills Bank & Trust Co.

James F. Wessels, CPA, CFA

Vision Financial Group

Catherine Zaharis, CFA

Tippie College of Business

Fund overview

The Krause Fund was created in 1998 when Bill Krause, founder and CEO of the Krause-Gentle Corporation, made a generous donation to the University of Iowa and other schools in the state to establish undergraduate student-managed equity funds. These schools compete in the Krause Investment Challenge, an annual contest matching the performance of each institution's portfolio during the academic year.

Our portfolio and performance

To review the year-to-date performance of our active portfolio holdings, view our Google spreadsheet. The document also contains information on our historical performance dating back to 1999.

View the portfolio

Alumni Story
Katelyn Wheeldon

Manage real financial assets

Katelyn Wheeldon (BBA16) really hit her stride when she took the Applied Equity Valuation course.

“It's really neat that you're learning something in the same day that you're applying it to your model. You're basically a full-time analyst for a semester."

She learned how to evaluate companies, analyze stocks, and pitch their value—all while managing the Krause Fund.

Read Story