The Rebsamen Trust is a student-managed, million dollar investment fund at the Sam M. Walton College of Business.
The trust that created the fund was established in 1971 by the late Raymond Rebsamen of Little Rock, Ark., with an initial endowment of $100,000. The purpose of the fund, which is the third oldest of its kind in the nation, is to prepare students for careers in financial services. Students learn about investment practice by managing a real portfolio of equity and fixed-income securities. The current market value of the portfolio stands at more than $1 million dollars with an additional three funds that total $5 million.
Returns on the fund support the ongoing activities of the class as well as finance internships, and have been used to make contributions to Walton College scholarship fund and the Robert E. Kennedy Chair in Finance endowment in recognition of Dr. Kennedy's founding role in the creation of the fund. A highlight of the course is an annual trip to New York City, a tradition dating back to 1982, which includes meetings with major New York investment firms and former class alumni as well as a visit to the New York Stock Exchange, Little Rock and Dallas/Fort Worth.
The current instructor of the portfolio management class is Craig G. Rennie, Ph.D.