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.

Fall 2018 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.

Materials and Industrials

Emmett Corrigan, Khalil Daoud, Conor Schneider, Benjamin Wojtynek

Consumer Staples

Megan Donahoe, Ian Eklin, Shannon Pedersen, Zoe Zecchin

Financial Services & Real Estate

Joe Caltiere, Kyle Dybas, Brian Eck, Jason Lowry

Industrials

Erik Miller, Andrew Rasmussen, Andrew Straight, Joseph Tomczuk

Technology - Team Alpha

Alec Bouchard, Jintao He, Marisa Marshall, Weiqing Yan

Healthcare

Brandon Brusca, Brandon Kuhn, Alexander Messer, Hyungju Nam

Consumer Discretionary

Riley Callahan, Kelli DeGeorge, Lauren Meyer, Paige Overmohle

Energy

Andrew Ball, Samuel Bries, Adam Goedken, Gregory Hensley

Health Care

Chuanxu Ao, Jiaming Lin, Jongwuk Rhim, Shunshun Zhang

Communications

Jackson Hardie, William Heatherington, Alan Kenworthy, Marcus Topping

Technology - Team Beta

Kameron Kopaska, Yu Shen Lim, Ivan Morales

Industrials

Matthew Conway, Julia Garry, Heidi Hannenberg, Emily Kwak

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

UI Center for Advancement

Matthew Bowersox

Houlihan, Lokey, Howard & Zukin

Tim Insko

StockViews

Jeff Kilkenny, CFA

Principal Global Investors

Tiffany Lavastida, CFA

Principal Global Investors

Todd Nelson, CFA

Wells Fargo

Jonah Parker, CFA

Transamerica

Kevin Readman

US Bancorp

Aaron Schaefer

Hills Bank & Trust Co.

James F. Wessels, CPA, CFA

Gremler 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
Michael Korobov

Pivot from Krause Fund to global investment bank

Michael Korobov (BBA15) was enrolled in the Applied Equity Valuation course. It was his favorite class.

“It was more on the level of ‘how much value is this bringing someone?’ versus simply getting a good grade.”

Korobov used the valuation techniques and analytical tools of real analysts to manage Iowa’s Krause Fund, an actual equity portfolio.

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