The University System of Maryland Foundation Fund’s Statement of Investment Policies and Objectives is based on certain investment principles the Investment Committee of the board of directors regards as fundamental and constant. The committee’s intent is to manage the endowment assets in accordance with these principles, regardless of cyclical ebbs and flows in the capital markets, and this documentation of these principles is intended to ensure continuity of purpose and implementation regardless of changes in the composition of the committee.

• Time Horizon
• Spending
• Allocation to Equities and Equity Related Investments
• Diversification
• Rebalancing
• Purpose of the Allocation to Fixed Income
• Purpose of the Allocation to Inflation-hedging Assets
• Hiring Manager
• Firing Managers
• Investment Policy Review