The University Endowment Fund is an investment pool for hundreds of endowment funds and funds functioning as endowment. As with a mutual fund, purchase, redemptions and distributions are all calculated based on a participant's share holdings. It is invested in a highly diversified portfolio of stocks, bonds, mortgages, real estate, oil and gas, reorganization investments, venture capital and cash instruments. This brief report is to inform University Endowment Fund participants of the market value of their shares and their distrubutions per share. It also provides information on the investment performance of the fund.
Distributions represent a portion of return to participants.
The other component of return-reinvested capital gains and, to the extent available, reinvested income is essential to protecting endowment gifts and endowment distributions against inflation. It is reflected in the value of endowment shares. For further information about the endowment investment program, contact the Treasurer's Office, 763-1299.