Official rulebook
The fifteen rules that govern every edition of the QGF Global Portfolio Challenge. Read them carefully before you submit your first allocation form. By taking part in the Challenge, every team agrees to abide by these rules in full.
Starting setup
At the beginning of the investment competition, each team is granted a starting fund of US$100,000 available for investment.
At the beginning of the competition, the unit price of every fund starts at US$1.00.
The fund investment competition runs for a total of six months.
The price of each fund is driven primarily by ten investment-influencing factors plus a set of comprehensive market factors.
Each factor only affects the current month's pricing - the impact does not carry over automatically into the following month.
Teams & mentors
Each team must nominate one member who is responsible for collecting investment-influencing factors and submitting the team's allocation forms on its behalf.
Each team has ten minutes to discuss its strategy and submit the form for each round.
Mentors are present to help each team interpret the factors affecting the investment environment. Mentors may not make any investment decisions on behalf of the team.
Monthly submissions
At the start of the competition, each team must allocate and invest its starting fund. If a team declines to allocate in the first month, submits its form late, or submits invalid form data, the entire balance will be automatically allocated to the USD currency fund for that first month.
In every subsequent month, each team must submit its monthly fund change form on time. If a form is submitted late or contains invalid data, that month's submission is invalidated and the funds will continue to be allocated according to the previous month's ratio.
No objections are allowed.
A team may submit only one fund change form per month. If more than one form is submitted, that month's change is cancelled and the allocation will continue at the previous month's ratio.
No objections are allowed.
Once a fund change form has been submitted, it cannot be retrieved or amended for that round.
Each team's account balance is announced once per month. Teams are encouraged to track their monthly balance independently alongside the official announcement.
Allocation limits
The number of units purchased or converted for each fund must represent between 10% and 50% of the team's account balance, and must be an integer percentage.
If a form is filled out incorrectly, that month's change is cancelled and the allocation continues according to the previous month's ratio.
No objections are allowed.
Why the 10% - 50% band?
The band keeps every portfolio meaningfully diversified (no all-in bets) while still allowing teams to take a conviction position on a fund they believe will outperform. Stay inside the band and your allocation will always be valid.
Results & disputes
At the close of the competition, the winning team is the team with the highest account balance on the day of settlement.
In the event of any dispute, the results announced by the QGF Global Portfolio Challenge organising committee are final and binding.
Questions about the rules?
If anything in the rulebook is unclear, the QGF Challenge Support Centre is here to help before the competition starts.