Utah School and Institutional Trust Funds is a system of state investment funds based in Salt Lake City, Utah. The School and Institutional Trust Funds Office (SITFO) is charged with the administration and investment of the State of Utah, School and Institutional Trust Funds. SITFO is an independent team of investors working to create a brighter future and more equitable present for Utah's education progra The fund is governed by the board of trustees.Utah School and Institutional Trust Fund's investment portfolio is valued at $2.57 billion, with investments in private equity, real estate, real assets, infrastructure, natural resources, private debt, and cash. The portfolio has achieved a return of 6.1%, 4.9%, and 9.5% as compared to the policy benchmark return of 6.2%, 4.8%, and 9.3% for 3 years, 5 years, and 10 years respectively.