What is the CUEF?
The Cambridge University Endowment Fund (CUEF) is a unitised fund consisting of a variety of assets including equities and investment property. Investors (departments) buy a number of units in the fund - the number purchased depends on the funds available and the unit valuation at the purchase date.
This fund provides long-term capital growth plus a monthly distribution. Please note only funds being held for long term investment e.g. at least five years are suitable for investment in the CUEF because the capital value of this type of investment can go down as well as up, especially in the short term. The Treasury & Investments team must approve all investments.
Key features of the CUEF include:
- A quarterly distribution per unit per annum to investors
- Potential for long term capital growth
- A monthly fund and unit revaluation
- Quarterly opportunities for sales and purchases of units
Which surpluses am I allowed to invest in the CUEF?
You may only invest surpluses on the sources of funds specified below.
|Source of Funds||Description|
|EExx||Specific Central Reserves|
|EFxx - EXxx||General Donations|
|Pxxx||Funds for Land & Buildings|
|Vxxx||CUEF Investment Accounts|
Due to the complexity of the accounting involved the Treasury & Investments Manager in the Finance Division, processes all transactions (including sales and purchases of units) relating to the CUEF.