Chart of UTIMCO Accounts
Investment Accounting
UTIMCO (University of Texas Investment Management Company) manages all of UTD's investments. The following table describes UTD's investment accounts:
| Account | Purpose | Procedures | Custodian | IFIS Account | FINS Account | Interest Distrib'n | Allocate Interest (Y/N) |
|---|---|---|---|---|---|---|---|
| Long-Term Fund | Investment pool for private endowment funds | Gift money received is sent to UT System. UT System "buy-in" to the Long-Term Fund is done quarterly. | Mellon Bank/ UTIMCO | 6XXXX-1652 | 06XXXX-1700 | Qtrly | N |
| Long-Term Separately Invested | Investment pool for private endowment funds | Funds sent to UT System in the interim between buy-ins are individually invested and held as Separately Invested until the investment matures. | Mellon Bank/ UTIMCO | 6XXXX-1652 | 06XXXX-1700 | Qtrly | N |
| Short/ Intermediate Term Fund | UTD funds not needed to meet cash requirements for 1 year or longer. Includes student fees, gifts, auxiliary enterprises funds, plant funds, service dept funds (i.e., fund balances for various funds/ groups) | Balances monitored by Asst VP - Business Affairs. Wire transfers are made as necessary. | Mellon Bank | 14401-1006 | 016004-1221 | Monthly | Y |
| Short-Term Separately Invested | UTD funds not needed to meet cash requirements for 1 year or longer. | Funds are invested in individual securities and held until maturity | Mellon Bank | 14401-1003 | 016003-1220 | Monthly | Y |
| Short-Term Fund | Local funds not needed to meet cash requirements for 30 days - 1 year. | Monitored daily by Asst VP - Business Affairs | Goldman Sachs Money Market Fund | 14401-1002 | 016002-1210 | Monthly | Y |
| PUF (University of Texas Permanent University Fund) | Authorized by state Constitution. Interest earned is allocated to UT System component institutions to fund construction projects. | UT System Board determines allocation based on components' requests. Distribution is handled by OFPC (Office of Facilities Planning and Construction | UT System | ||||
| Commercial Paper (RFS) | Issued by UT System to fund construction until the projects are substantially completed. The commercial paper is replaced by bonds at the end of the construction period. | UTD pays interest to UT System | UT System | Various auxiliary accounts-8155 | Various auxiliary accounts-5710 | As requested | N |
Last Updated: August 8, 2012
