The University at Albany School of Business Investment Group (UASBIG) is a student-run investment fund whose activities are sponsored by CIIM. The UASBIG portfolio aims to outperform the returns of the S&P 1500 index (composed of the S&P 500 large-cap index, S&P 400 mid-cap index, and S&P 600 small-cap index) after all transaction costs and any expenses incurred by UASBIG. The mission of UASBIG is to assist The University at Albany Foundation in supporting the University at Albany's broad educational purpose. The primary objective of UASBIG is to maximize the value of assets under management with adherence to a sound long-term investment policy which also preserves the real, inflation-adjusted value of assets. Additionally, UASBIG provides an environment conducive to the education of undergraduate students who have a genuine interest in and passion for the field of finance. The group affords students the opportunity to learn proper research techniques for successful portfolio and investment management and to manage a portfolio of "live" assets. Approximately 30 students participate in UASBIG as security analysts. During weekly conference calls, students pitch to the Advisory Board the stocks they have analyzed. The officers of UASBIG prepare regular performance reports and make annual presentations to the Foundation Board.