The Wharton Investment Management Fund is a student-run organization responsible for managing approximately $800,000 on the behalf of The Wharton School of the University of Pennsylvania. The Fund provides the opportunity for Wharton MBA students to gain hands-on experience in the investment management field that enhances lessons learned in both classroom and work environments. Since 1996, the Fund has adhered to a small-cap value investment discipline.

The Fund is officially managed by up to twelve Fund Fellows, all of whom are current Wharton MBA students. During the 2006-07 school year, the Fund Fellows reviewed over seventy-five investment recommendations from Wharton MBA students who act as Fund Analysts.

The Wharton Investment Management Fund is a key component of the Wharton Investment Management Club, and is open to all current IM Club members.