Chatmore team forges ahead in investment challenge
TC-1, a team from Chatmore British International School, has forged ahead in the KPMG Senior School Investment Challenge.
As of January 29, TC-1 had grown its initial $100,000 imaginary portfolio by more than a quarter, to a total of $125,118.
In doing so, they overhauled December leader Flirtingwithmodels, a team from Warwick Academy, who now hold second place with a portfolio worth $123,866.
Another Warwick Academy team WA LITquidity is a step further back in third place, with $117,628.
In fourth are Bermuda Institute’s Gold-Diggers, ahead of two teams from Bermuda High School, Amazon Warriors and Stockontherock, in fifth and sixth.
Impressively, none of the young investors have lost money, and more than half of the 22 teams are up by a double-digit percentage.
The teams competing in the KPMG Investment Challenge are pitted against other senior schools to see who can invest and grow their portfolio the most during a six-month period.
At the end of the contest, the top three teams win cash prizes for their school, to be used for educational initiatives.