The IF is an investment pool consisting of the University’s operating funds.
Campus depositors have access to their funds upon demand with Central Administration assuming all market risk for the underlying investment strategies.
The overall financial objective of the IF is to enable the University to meet its financial obligations as they come due. A secondary objective is to achieve investment returns above those of money market instruments.
Investment income provides an important source of financial support to the campus community. Distributions are made annually at the end of each fiscal year.
|Annual Distribution Rates and Total Return|
|Year||Campus Depositors||Advancement Rate||IF Total Return|
* In reference to the campus depositors, the UWMC plant funds and PBI received interest. The Grants & Contracts funds only received interest when required by law. There were no interest allocations for the rest of the funds.
The IF is divided into four pools:
|Pool Allocation||Objective||Investment strategy||Target||Range|
|Short-term Pool||Meet day-to-day obligations||High quality short to intermediate term fixed income securities||15%||10-50%|
|Intermediate-term Pool||Provide a secondary liquid source of funds||High quality intermediate term fixed income securities||40%||25-60%|
|Long-term Pool||Increase returns and provide diversification||Direct investment in the UW's Consolidated Endowment Fund||35%||15-45%|
|Capital Assets Pool (CAP)||Provide a source of funds for capital projects||Invested in UW capital projects||10%||0-15%|
Details of the IF’s investment performance are available in the Quarterly Investment Performance Report