(NOK - Get Report)
What was one of the key drivers behind AIM's position in Nokia (which is up 34% for the fund)?
The student stock-pickers were impressed by Nokia's international presence. According to Shohfi, 40% of the cell phones in India are Nokias and the company's position in the rest of Asia is just as significant. "
has done very well versus the
NASDAQ and even the
iShares MSCI Emerging Markets Index Fund
and has crushed its peer
However, with AIM's Nokia position up 34% return, the group is now taking a second look the company's broader sector. "At this point, we are considering alternatives as many 'high fliers' in tech have since
and may offer more attractive entry points."
4. America Movil
(AMX - Get Report)
The Tar Heel investors' interest in mobile phones extended to Latin America.
One of the things that made Mexico-based America Movil stand out for the AIM (up 25% for the group) was its impressive 20% sales growth. "Compare
, which grew its
by single digits," says Shohfi. (America Movil is also owned by
Ohio State University's Student Investment Management program
5. NASDAQ OMX Group
(NDAQ - Get Report)
Mergers were one of the things that made AIM take a look at investing
the NASDAQ, not just
"NASDAQ has one of the world's best electronic platforms," says, comparing the exchange to competitors like
Shohfi adds, "Through our holding period, it has outperformed all three
of its competing exchanges
So far, the value of AIM's NASDAQ holding has increased 22%.
The AIM Class of 2009
On April 30, the AIM funds were handed over to a new class of UNC MBA students
augmented so that the assets under management now total $1.9 million. What will be AIM's best-performing investments over the next 12 months? To find out, stay tuned to