Unitarian Universalist Common Endowment Fund (UUCEF) is an endowment based in Boston, Massachusetts. The fund holds assets of the association and congregations electing to hold assets. The association's endowment consists of approximately 120 individual funds established for a variety of purposes. UUCEF is available for investment of endowment funds, trust funds and other assets of congregations that have a long-term investment perspective and the need for income to support the missions. The fund is governed by the Unitarian Universalist Association (UUA) Board of Trustees assisted by the Investment Committee.Unitarian Universalist Common Endowment Fund's investment portfolio is valued at over $212.22 million, with investments in domestic and international equity, fixed income, private equity, and cash. The fund's investment portfolio return for 1 year, 3 years, 5 years, 7 years and 10 years was 8.3%, 5.9%, 7.5%, 5.4% and 6.1% compared to the benchmark return of 7.1%, 5.2%, 7.5%, 6% and 6.4% respectively.