University
Investment Trust Builds
The
University Investment Trust (UIT) pools all donations to the university
into one fund, so that the university is able to diversify its investments
and generate higher returns. Donations to scholarships, infrastructure
projects or any other area of the university are placed in the UIT
where the funds are allowed to grow, enabling gifts to go much further
over time. Donors receive a Quarterly Review of the UIT, which details
the growth and value of the fund.
The
UIT was established in 1989 and has grown to over $135 million (book
value). Like many other universities across North America, the U
of M realized that this mode of investment is the most effective.
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