Utah Admin. Code R357-7-10 - Criteria for Establishing the Target Rate of Return of the Investment Portfolio
For investment portfolios of each Utah Fund of Funds:
(1) The "Target Rate of Return" on venture
capital investments of such Utah Fund of Funds is a minimum of 5%. The
Corporation will submit to the Board annually a detailed accounting of the
calculation of the rate of return. It is understood by the Board that returns
in the early years of each Utah Fund of Funds will likely be negative.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.