Investment Options

The Foundation manages separate investment Funds. Each Fund has stated investment goals and objectives and is separately accounted for and segregated. Presently, there are nine established Funds in which a UCC Entity may participate, designated as follows:

• UCF Cash and Equivalent Fund
• UCF Fixed-Income Fund
• UCF Domestic Core Equity Fund
• UCF Small Cap Equity Fund
• UCF International Equity Fund
• UCF Equity Fund
• UCF Conservative Balanced Fund
• UCF Moderate Balanced Fund
• UCF Aggressive Balanced Fund

The Board of Directors of the Foundation must approve changes in the Funds included in the Foundation's investment program and in the objectives of each Fund. Notice of any such change will be appropriately communicated to participants in the Funds. The Foundation's Investment Committee may make changes in manager objectives, in guidelines and in operating procedures.