SMC

Invest Your Financial Figure with UMIG


Outlined above is a breakdown of the prize structure for the SMC. Prizes will be awarded to participants with the highest percentage return over the respective trading period. Participants must meet a minimum level of attendance at Great-West Life sponsored meeting in order to qualify for prizes.


The Grand Prize Pool will be awarded to the participants with the highest percentage return over the entire 6 month trading period. 1st will be awarded $2,000, 2nd will be awarded $1,500 and 3rd will be awarded $1,000.


The 4th and 1st Quarter Prize Pool will be awarded to participants with the highest percentage return for the respective quarterly trading period. 1st place will be awarded $600, 2nd will be awarded $400, 3rd will be awarded $200, 4th will be awarded $100 and 5th will be awarded $50.


There will be monthly prizes of $50 awarded during Great-West Life sponsored meetings in the form of a random draw where all attendees will fill out a ballot. Using ballots is an easy way to keep track of attendance as well.


In addition to the monthly prizes of $50, there will aso be participation prizes amounting to a total of $500. A participation question will be asked at the end of each GWL sponsored meeting. Students will answer the participation question on a ballot that will be handed out before the meeting and submit it to a UMIG Executive. The prize will be awarded at the next GWL-sponsored meeting. If more than one student answers the question correctly, GWL representatives will randomly select one of these students as the winner.


In Partnership With



Grand Prize

$2,000



6 Monthly Draws

$50 Each


Participation Prizes

$500 in total


Second Prize

$1,500



Third Prize

$1,000



4th Quarter Prizes

1st - $600

2nd - $400

3rd - $200

4th - $100

5th - $50




1st Quarter Prizes

1st - $600

2nd - $400

3rd - $200

4th - $100

5th - $50



Stock Market Challenge

Prize Stucture