St. Andrew’s School team eyes top CFAL Junior Investment prize
CFAL Junior Investor Program participant profile
School: St. Andrew’s International School
Teachers: Michele Robinson and Janice Gaitor
Student participants: Luke Kennedy-Thompson, Luke Browning, Alexa Delaney, Payton Stroud, Adrian Persaud, Jerry Butler, Chandler Darville, Angelo Knowles, Aljero Knowles, Mya Evans. All participants are 11th grade students
Q: Why did the school become involved with the CFAL Junior Investor Program (JIP)?
A: The school became involved with the JIP to fulfill its objective of giving students an opportunity to learn outside of the classroom.
Q: What do you hope to gain from being involved with this program?
A: We hope that students will engage in active participation in the stock market and take what they have learned into their future careers.
Q: If you participated before, what was the most memorable part of the program?
A: We have found that the relationship built with the advisor and the interactive lessons presented by the Securities Exchange officers were the most memorable part of the program.
Q: Will this year’s economic climate make any impact on your investment strategy?
A: Yes. We will read the newspaper and research daily what is happening in the economy.
Q: Who is your portfolio manager this year? What were your major reasons for choosing your portfolio manager?
A: Our portfolio manager is Luke-Kennedy Thompson. He was chosen because he is good at organizing meetings and keeping everybody on task during the meetings.
Q: Who is your trader this year? What were your major reasons for choosing your trader?
A: Our trader is Luke Browning. He was chosen because of his consistency in meeting deadlines and his efficiency in using the computer for online trading.
Q: $100,000 is a lot of money. If you had to invest all of it in your school, what are some of the things you would do?
A: The first thing we would do is to continue to invest in technology, specifically improving our communications network. Our school is committed to providing a world-class education, nurturing lifelong learners and empowering internationally minded individuals, for the 21st century and beyond. This means that we need to continuously upgrade and maintain our IT (information technology) capabilities. Secondly we would inject money into our scholarship fund so that all students experience more benefits of having a laptop, going on field trips to other countries and in some cases providing bus transportation to and from school.
Q: What is motivating you to grab the top prize this year?
A: The top prize itself is a great motivator in addition to the fulfillment of winning.