MIP/Endowment

Mission Statement

• Manage the investments of the McGill Investment Pool (“MIP”) and other university endowments within policy guidelines to provide a dependable and optimal source of income for endowment beneficiaries while preserving the real value of capital
• Manage the components of the endowment, recommend changes to the managers and other service providers and to the strategies and Statement of Investment Policy
• Recommend the appropriate distribution rate to the Investment Committee of the Board of Governors, to ensure capital preservation over time
• Report quarterly to the Investment Committee the performance, the asset allocation and other aspects of the MIP
• Provide support to students doing investment trading as part of a McGill course
• Approve the opening of endowments in the form of annuities and to monitor the financial aspects of specific endowments/accounts in which the University holds an interest