Queens School pupil receives Apple Watch after winning Equilibrium’s Fantasy Investment League
Alex Mcdonald has been crowned the winner of this year’s Equilibrium Asset Management Fantasy Investment League.
Alex Mcdonald has been crowned the winner of this year’s Equilibrium Asset Management Fantasy Investment League.
Alex, a pupil at Queens School in Chester, made a 7.35 per cent profit on the £300 investment she was given at the start of the fantasy investment league six months ago.
An Apple Watch and a cheque to the school’s charity of choice were handed over to Alex after she beat off stiff competition from fellow pupils.
The aim of league, set up by Wilmslow and Chester based wealth management company, Equilibrium Asset Management, is to educate economics and business studies pupils at the school on how the stock market works and how global events can have an impact on the UK economy.
Advisers from Equilibrium spent time at the school, sharing the golden rules of investments, how shares and funds work and how to manage risk. The pupils were each given an investment pot of £300 and chose a portfolio of funds to invest in. The girls then managed this investment over a five-month period, with regular updates from Equilibrium on how their investments were performing.
Andy Baker from Equilibrium who is a Partner & Financial Planner, said: “Alex was a worthy winner in what was a tricky process, even for those who have lots of experience in dealing with stock markets.”
Head of economics and business at Queen’s Brendan Durkan said:
The pupils were really keen to participate in Equilibrium’s initiative as it enabled them to experience an industry outside of the classroom. It was a really competitive process and one that everyone enjoyed.