Concordia University Inter-Generational Fund posts steady results in its 2024-25 annual report
The Concordia University Inter-Generational Fund (CUiF) has released its 2024–25 annual report, highlighting a year of meaningful progress, mission-driven investments and measurable advances toward its sustainability objectives.
In a period of global uncertainty, the fund maintained a steady performance while advancing innovative, sustainability-focused investment strategies. As of April 2025, its net assets reached $510 million, supported by a funding ratio of 110.7 per cent — meaning its assets exceed the university’s long-term financial commitments.
The fund’s performance contributed to Concordia’s long-term fiscal capacity and delivered $5.4 million in support of students, research and operational needs.
Beyond financial results, the CUiF continues to advance its broader sustainability and impact objectives. It has introduced an enhanced evaluation framework, the results of which are detailed in the annual report.
Investing with purpose and intentionality
In 2019, the CUiF launched a six-year transition toward ensuring that 100 per cent of its investments are purpose-driven and sustainable. This transition to the new framework, which commits to 100 per cent sustainable investments, was completed in April 2025 with further refinements to be finalized by the end of 2025.
The fund’s commitment to move beyond a net-zero economy to a restorative one is reflected in its expanding portfolio of impact investments.
For example, through Brighter Investment, the CUiF supports students in Ghana and Uganda through income-sharing agreements and mentorship. Another initiative, the Urapi Sustainable Land Use Fund, strengthens community-led agroforestry projects in Latin America that combat deforestation, restore ecosystems and build local economic resilience.
These investments illustrate how the fund aligns financial objectives with measurable social and environmental outcomes, organized under three overarching pillars: people, planet and a sustainable economy.
Transparency and accountability
The CUiF’s commitment to transparency extends beyond its investment activities to how it manages and communicates the university’s financial resources. A new website launched in April 2025 now provides detailed information about how the fund is invested and governed.
The final transition-related changes resulting from the sourcing of new portfolio investment managers made in the spring have now taken effect. The list of internally managed public holdings as of August 2025, as well as the current list of portfolio managers, is available on the CUiF website.
In response to questions received from the community, the CUiF confirms that there are no investments in weapons manufacturers nor in companies on the Carbon Underground 200 list in any of the funds that it manages.
Looking ahead
For 2025-2026, the CUiF plans to enhance data analytics to better assess the levels of intentionality and integration of sustainable practices within portfolio investments.
The fund will also strengthen its risk management approach in response to a dynamic and uncertain global environment.
Read the full 2024–25 Concordia University Inter-Generational Fund annual report.