The Western Investment Club (WIC) is one of Western’s largest clubs. The club was first established in 1983 by a small group of young investors and has since grown to have an alumni presence all around the globe at leading investment banks, private equity firms, and hedge funds. The club’s primary mandate is to educate all students at Western on the skills needed to become a value investor. WIC achieves this by giving weekly educational presentations, reports on industry news, and by managing a portfolio of equities with real capital. WIC manages a ~$200,000 diversified fund of U.S. and Canadian equities and applies a value investing philosophy. The portfolio is segmented into six different industry sectors led by a team of analysts. All buy and sell pitches for the fund are put forward at general meetings by the analyst team with the support of researchers and general members.