Utimco 2002 Annual Report
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Funds at a Glance
UTIMCO Profile
Letter from the President
UTIMCO Overview
Endowment Funds
Permanent University Fund
Permanent Health Fund
Long Term Fund
General Endowment Fund
Separately Invested Funds
Operating Funds
Short Term Fund
Short Intermediate Term Fund
Institutional Index Funds
UT System Board
of Regents
UT System Administration
UTIMCO Administration
UTIMCO Board
of Directors
Contact Information
Operating Funds

Operating Funds Ownership
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Overview
The operating funds of the 15 institutions that comprise the UT System were valued at approximately $3.1 billion at fiscal year end. These funds are used primarily to fund the institutions' operating cycle and long term institutional needs associated with capital programs, financial reserves, and endowment matching funds. UTIMCO offers UT System institutions three investment funds that allow the institutions to match the particular time horizon of their operating funds with the time horizon of each investment fund.