*       The Future Fund Board of Guardians is responsible for deciding how to invest the Higher Education Endowment Fund.

*       Investments of the Higher Education Endowment Fund will consist of financial assets.

*       Investments of the Higher Education Endowment Fund will be held in the name of the Future Fund Board.

*       The Future Fund Board of Guardians is bound by a Higher Education Endowment Fund Investment Mandate given to it by the responsible Ministers.