Investment Services

Investment Services

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Pooled Endowment Fund Unit Valuation and Income Distribution

The PEF operates in a similar manner to a mutual fund. The value of a unit is determined by dividing the total current market value of the fund by the number of units outstanding. This value is calculated monthly by the Department of Financial Services and will increase or decrease according to investment performance.

Donations received by Queen's are unitized at the end of each month at the prevailing unit value. Income is then credited to the donor-specified cause based on the number of units held and the current dividend rate, as established by the Investment Committee.


Pooled Endowment Fund Unit Cost

In order to determine how many Pooled Endowment Fund units one dollar will buy, see the chart below

Historical Unit Cost
 
Date Unit Value
August 31, 2017 3.4056
July 31, 2017 3.3911
June 30, 2017 3.4125
May 31, 2017 3.4663
April 30, 2017 3.4417
March 31, 2017 3.4121
February 28, 2017 3.3905
January 31, 2017 3.3307
December 31, 2016 3.3378
November 30, 2016 3.3043
October 31, 2016 3.2891
September 30, 2016 3.3030
August 31, 2016 3.2969
July 31, 2016 3.2818
June 30, 2016 3.2170
May 31, 2016 3.2166
April 30, 2016 3.1534
March 31, 2016 3.1644
February 29, 2016 3.1100
January 31, 2016 3.1556
December 31, 2015 3.2126
November 30, 2015 3.2048
October 31, 2015 3.1866
September 30, 2015 3.1231
August 31, 2015 3.1757
July 31, 2015 3.2630
June 30, 2015 3.1873
May 31, 2015 3.2463
April 30, 2015 3.1887