A Brock student business club is banking on a big return for charity through a virtual stock-market challenge.
The Brock Finance and Investment Group (BFIG) will be hosting its second annual Investment Challenge for Charity, an online trading competition to benefit needy children in Niagara. It runs from Feb. 28 to April 8.
The competition’s purpose is twofold, club president Eric Hubacheck said.
“We aim to provide the opportunity for individuals to learn how to properly invest their money while spurring a fun and friendly competition that preserves the underlying integrity of our mission – helping children in the Niagara community,” he said.
This is an online, real world stock market simulation where students, professors and industry professionals from across Canada demonstrate their investing abilities through six weeks of active investing.
In exchange for $20, each participant will be given $100,000 fantasy money to invest in the stock market as they see fit.
There will be six weekly prizes for largest portfolio value growth. There will be five grand cash prizes for the top five finishers as of April 8 at 4 p.m. for overall portfolio value. These prize amounts will be determined on the eve of the competition.
Sixty per cent of the proceeds will be donated to BFIG’s Children’s Fund with the Niagara Community Foundation.
How to register:
- Fill in and submit all information with BFIG by clicking this link:
brockinvestmentchallenge.com/register.html - Pay via cheque, cash or PayPal.
- Following payment confirmation, you will receive a link in your email inbox.
- Click the link, and create your very own StockTrak Account with a username and password.
For more information, visit BFIG’s Facebook page or its website.