The Investment Office invests the university endowment according to its strategic asset allocation policy, which includes targets and ranges for each asset class in order to balance growth drivers, such as equity and absolute return, with inflation and deflation hedges expressed through real assets and fixed income investments.

The endowment’s current target asset allocation is as follows:

Target asset allocation and ranges graph: 58% for equity (target 40%-60%), 18% for absolute return (target 10%-30%), 13% real assets (target 10%-20) and 12% bonds (target 5%-25%).

Pooled Endowment Target Asset Allocation and Ranges
Asset Type Target Range Current Allocation
Equity 40-60% 56%
Absolute Return 10-30% 19%
Real Assets 10-20% 13%
Bonds 5-25% 12%