University of Waterloo Endowment

University of Waterloo manages an endowment fund which is based in Waterloo, Ontario. The fund provides funding that supports specific initiatives of the university such as scholarships, awards and bursaries, faculty chairs, and research. The assets of the endowment are governed by a finance and investment committee. The committee exercises general oversight of the financial affairs of the university and reviews the portfolio and performance of the fund managers. The committee reports annually to the board of governors, recommending changes as required.University of Waterloo Endowment's investment portfolio is valued at CAD417.5 million, with investments in domestic and international equity, fixed income, private equity, and cash.