Cambridge Divest

St John’s

Divested?

No.

FOI Request

Successful. 

FOI Report

£109m in FTSE RAFI Developed 1000 Index Fund: Content Breakdown

£55m in World Screened Index Equity fund: Content Breakdown

Both managed by State Street Global Advisers (SSgA) – See website for more information on these funds

Calculations

FTSE RAFI Developed 1000 Index Fund

  • At least 0.66% in ‘defense’ (719,000)
  • 1.34% in JP Morgan (1,460,600)
  • Total: at least 2% = at least £2,179,600

World Screened Index Equity fund

  • HP: 0.06%
  • JP Morgan 0.95%
  • Siemens: 0.22
  • Israeli companies: 0.2%. Note Elbit makes up 0.01%
  • BAE Systems= 0.07%
  • Rolls Royce= 0.03%
  • Geneal Electric= 0.21%
  • HP=0.05
  • Palantir 0.04%
  • Barclays 0.05%
  • Total: 1.88% = £1,034,000

TOTAL Johns complicity = at least £3,213,000 invested in Israel and arms companies facilitating genocide

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%
Part 2 of information received from St John's College in response to a freedom of information request. Plasan QinetiQ Rafael Advanced Defense Systems Rolls-Royce RTX (formerly Raytheon) SK Group Skydio SMARTSHOOTER ThyssenKrupp Toyota XTEND As of 30 June 2023, the date of the College's most recent Annual Report and Financial Statements, the College held c. £164m of investments in index funds, £109m in the FTSE RAFI Developed 1000 Index fund and £55m in the World Screened Index Equity fund, which are managed by State Street Global Advisers (SSA). Further information about these funds is available from the SSgA website. If you are dissatisfied with my response you may seek an internal review in writing setting out the grounds for review. It will be dealt with by a College Officer. Should you not be satisfied with the outcome of the review, you will have a right of appeal to the Information Commissioner by writing to him at Information Commissioner's Office, Wycliffe House, Water Lane, Wilmslow, Cheshire, SK9 5AF. Yours sincerely, Communications Officer (Freedom of Information)

Contacts

Senior bursar: Chris Ewbank; c.f.ewbank@joh.cam.ac.uk

Senior tutor: Richard Partington; r.partington@joh.cam.ac.uk

Master: Heather Hancock; master@joh.cam.ac.uk