Portfolio Reports

FMA Investment Portfolio

In 1978, Mr. Henry Clark of Castle and Cooke donated $1,000 to the College of Business Administration, through the University of Hawaii Foundation for use by members of the Finance Club to provide the students with practical experience as an investor in Hawaiian securities or securities themselves. These experiences provide the students the opportunity of learning about the duties and responsibilities of corporate ownership because all actions taken with respect to the voting of shares, attendance at annual meetings and dividend record keeping would be done by the students.

The gift also helped to initiate the development of a library containing the chronological history of Hawaii corporations as they appeared in annual reports and related corporate publications.

Mr. Clark stipulated that all but one share of purchased securities could be sold. The Club has the option to purchase additional shares or to build the library with books and periodicals with accumulated dividends and income from the sale of securities.

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