Students from Alderley Edge School for Girls are out to tackle traders on the stock market by taking part in an investment competition.
The girls aged between 15 and 17 will be aiming to buy low and sell high as they take part in Equilibrium Asset Management’s annual Fantasy Investment League.
With an investment pot of £300 each to spend on stocks and shares, the budding investors will be looking to put into practice the golden rules of investment after advisors from the Wilmslow-based wealth management firm gave them a crash course in city trading.
The most successful trader at the end of the four-month competition will win an Apple Watch and be awarded with an investment certificate.
Equilibrium has also pledged a £250 donation to Alderley Edge School for Girls and any profits made through trades completed by students will be given to each school’s charitable foundation.
Speaking about the Equilibrium Fantasy Investment League, which is entering its fourth year, Mike Deverell, investment manager and partner at the firm, said: “It’s great to be able to have the chance to run the competition again with Alderley Edge School for Girls – giving more students the opportunity to get involved and learn something about the world of stocks and shares.
“The aim is to help these young students learn more about how the stock market works, for example, how changes in China might affect company stocks in the UK. By encouraging students to take part in the competition we are hopeful they’ll also take more of an interest in the economy more widely.
“Who knows – we might even uncover the next Karren Brady.”
Last year’s winner, Gulsah Isik, managed to make an impressive 12.66 per cent profit on her £300 investment fund, coming out on top over students and teachers from the school.
Susan Goff, Headmistress at Alderley Edge School for Girls, said “Equilibrium’s Fantasy Investment League has become a competition which has proven to be very popular with both students and teachers in previous years and we’re very excited to be taking part again.
“It’s great to see students keeping up with the latest news, identifying the best trades and hoping to learn everything they can to help give themselves the best chance of coming out on top.”
Equilibrium is the award winning Chartered wealth management company, offering genuinely personalised financial and investment management service giving its clients confidence now and in the future.
Headquartered in Wilmslow, Cheshire, Equilibrium oversees more than £478 million worth of assets for 760 clients. The firm also has offices in Knutsford and Chester. For more information log onto:www.eqllp.co.uk or follow Equilibrium on twitter: @EquilibriumAM