Cambridge Divest

St Edmund’s

Divested?

No. 

St Edmund’s holds all of its investments within the Cambridge University Endowment Fund, which has not divested.

FOI Request

Successful, but uninformative as the college could or would not provide further information on the CUEF breakdown of investments. Referred to the College Statutory Accounts for further information on college investments.

College Statutory Accounts, year ending 30 June 2024: 

Information from the St Edmunds College statutory accounts, year ending 30 June 2024. 4. Investments Since March 2018 the College's endowment has been invested in Cambridge University Endowment Fund (CUEF). CUEF's long-term investment objective of CPI+5%, net of fees, to fund distributions to investors of around 4% of the net asset value per year. For the year to 30th June 2024 CUEF delivered a net return of +4%, compared to a passive composite benchmark return of +4.5%. The College's investments in CUEF were as follows: 30 June 2024 Unit Value £70.73 Total number of units 135,760 Value of units (unrestricted) 7,535,007 Value of units (restricted) 2,067,298 Total value of units 9,602,305 30 June 2023 Unit Value £67.51 Total number of units 135,760 Value of units (unrestricted) 7,191,974 Value of units (restricted) 1,973,183 Total value of units 9,165,157 The College received distributions totalling £377k, giving a distribution yield of 4% on the average capital value. The asset allocation of CUEF was as follows: 30 June 2024 Public equity 42% Private equity 24% Absolute return and credit 22% Real assets 8% Fixed interest/cash 4% 30 June 2023 Public equity 40% Private equity 23% Absolute return and credit 23% Real assets 7% Fixed interest/cash 7%