Simon Fraser University manages an endowment fund which is based in Burnaby, Canada. The university has more than 600 scholarships and bursary endowment funds. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The board of governors of the university has the responsibility to administer funds, grants, fees, and endowments and other assets.Simon Fraser University Endowment's investment portfolio is valued at over CAD550 million, with investments in fixed income, domestic and foreign equities, real estate, hedge funds, private equity, and other investments.