The College's endowment is sub-divided into three distinct portfolios: (i) Unitised Scheme – a unit trust vehicle for College, Faculties and Departments to invest endowments and unfettered income to produce returns for the long term; (ii) Non-Core Property – a portfolio containing around 120 operational and developmental properties which College has determined are not core to the academic mission; and (iii) Strategic Asset Investments – containing College’s shareholding in Imperial Innovations and other restricted equity holdings