Nemea Fund

Our student led investment fund              

Under the guidance of Professor Farai Jena, Associate Dean (Education and Students), the goal of the Fund is to develop the capacity of its members in managing and running their own investment fund. The advisory board will provide advice to the Nemea Fund and monitor its governance. The Fund aims to provide Business School students with hands-on experience, working with industry experts, and conducting innovative research.

The Fund has four divisions:

• Technology, Media and Telecommunications

  Primarily focused on new technology and innovation, this sector covers a wide range of businesses that depend on research and development. The TMT sector is characterised by rapid company growth and high potential for market outperformance and high price-to-earnings ratios for potential returns. The sectors are broad and often divided into subsectors like hardware, semiconductors, software, media and telecom, each with its own growth metrics and market dynamics. For example Apple (AAPL), Meta (META), AMD (AMD) and Salesforce (CRM).

• Consumer Discretionary

  Comprises of businesses that sell non-essential goods and services, which are items that consumers want rather than need. This includes industries like automobiles, household durables, leisure products, and various forms of retail. Demand for these goods often fluctuates with economic conditions, rising during strong economic times and falling during downturns. Companies in this sector include those selling fast food, furniture, appliances, vehicles and vacation and leisure activities. For example Amazon (AMZN), McDonald’s (MCD), Coach (COH) and Costco (COST).

• Consumer Staples

  Includes essential products that consumers need and regularly use, regardless of their financial situation. This sector includes industries like food and beverage, household goods, hygiene products, and alcohol and tobacco. These goods are non-cyclical, meaning their demand is consistent year-round and not influenced by economic fluctuations. Consumer staples are characterised by steady demand and less price sensitivity, making them a reliable sector due to their consistent growth, solid dividends, and low volatility. For example Procter & Gamble (PG), Coca-Cola (KO), Colgate-Palmolive (CL) and Unilever (ULVR).

• Alternatives

  Encompasses financial assets that do fit into the conventional categories of stocks, bonds, and cash. This includes a diverse range of assets such as PE, VC, real estate, commodities, art, antiques and cryptocurrencies. Because of their unique nature from traditional markets, alternatives may have low correlations to traditional markets and potentially help to diversify an investment portfolio and reduce overall portfolio risk.