98年11月25日98學年度第2次校務會議通過
Passed at the 2nd University Council Meeting of the 2009 academic year on Nov. 25, 2009
99年2月11日教育部台高(三)字第0990024624號函備查
Filed by the Ministry of Education, as written in its official letter coded as Tai Gao (3) Zi Di No. 0990024624, dated Feb. 11, 2010
100年4月27日99學年度第3次校務會議修正通過
Amended and passed at the 3rd University Council Meeting of the 2010 academic year on April 27, 2011
100年10月26日100學年度第1次校務會議修正通過
Amended and passed at the 1st University Council Meeting of the 2011 academic year on Oct. 26, 2011
106年10月25日106學年度第1次校務會議修正通過
Amended and passed at the 1st University Council Meeting of the 2017 academic year on Oct. 25, 2017
108年12月25日108學年度第2次校務會議修正通過
Amended and passed at the 2nd University Council Meeting of the 2019 academic year on Dec. 25, 2019
109年10月21日109學年度第1次校務會議修正通過
Amended and passed at the 1st University Council Meeting of the 2020 academic year on Oct. 21, 2020

111年6月8日110學年度第5次校務會議備查
Filed by the 5th University Council Meeting of the 2021 academic year on June 8, 2022

一、國立成功大學（以下簡稱本校）為管理本校校務基金投資事宜，依國立大學校院校務基金設置條例第十條、國立大學校院校

        務基金管理及監督辦法第十三條、第十四條、第十五條，訂定本要點。

1. To manage its endowment fund investment, National Cheng Kung University (hereafter “the University”) established these

    directions in accordance with Article 10 of the National University Endowment Fund Establishment Act as well as Articles

    13–15 of the National University Endowment Fund Management and Supervision Regulations.

二、為辦理校務基金投資事宜，本校應組成投資管理小組，提供並協助投資相關策略決策之諮詢。

        前項投資管理小組設置要點，另訂之。

2. To manage the endowment fund, the University should form an investment management team (hereafter the Team) that

    provides assistance and investment-related decision-making consultation.

    The directions for establishing the Team are presented elsewhere.

三、投資管理小組於提出年度投資規劃並經校務基金管理委員會審議通過後，得投資下列項目：

        (一) 存放公民營金融機構。

        (二) 購買公債、國庫券或其他短期票券。

        (三) 投資於與校務發展或研究相關之公司及企業，除以研究成果或技術作價無償取得股權者外，得以自籌收入作為投資資金

                來源。

        (四) 本校永續投資政策定義之標的。

        (五) 其他具有收益性及安全性，並有助於增進效益之投資。

        學雜費收入及其他自籌收入具有特定用途者，不得作為前項第三款投資資金來源。

3. After a proposed annual investment plan has been deliberated on and approved by the Endowment Fund Management

    Committee, the Team may make the following types of investments:
    (1) Deposits in public and privately-run financial institutions.
    (2) Purchases of government bonds, treasury bills, or other short-term bills.
    (3) Investment in companies and enterprises associated with the university’s development or research activity. Apart from

          equity shares acquired as a result of research achievements or the capitalized value of proprietary technology,

          self-generated income may be used as a source of investment capital.
    (4) Targets that meet the definition of the University's Sustainable Investment Policy.

    (5) Other profitable and secure investments that help improve returns.

    Tuition fee income and other self-generated income that has specific uses may not be used as a source of funds for the type

    of investment referred to in Subparagraph 3 of the previous paragraph.

四、校務基金投資前點第一項第三款至第五款之項目，經費來源除留本性質之受贈收入外，其合計投資額度不得超過本校可用資

        金及長期投資合計數之百分之五十，且持有之公司及企業股權，不得超過該個別公司及企業股份百分之五十。

4. Regarding the source of endowment funds for investment mentioned in Subparagraphs 3 to 5, Paragraph 1, of the previous

    Article, except for income from donations that has the characteristics of endowment, the total investment amount may not

    exceed 50% of the University’s usable fund and total long-term investment. Additionally, ownership in a company or enterprise

    may not exceed 50% of the shares of the individual company or enterprise.

五、校務基金投資項目、金額及期間，須考量校務基金收支狀況，確保本校各項事務推動之資金支應無虞之原則下，由投資管理

        小組參酌各項資料，提出年度投資規劃書。

        年度投資規劃涉及第三點第一項第一、二、四、五款部分，由財務處負責規劃及執行；涉及第三款部分，由產學創新總中心

        負責規劃及執行。財務處得視需要，聘任專案經理人，於一定期間考核專業經理人投資績效。

5. The endowment fund investment item, amount, and duration must consider the income and expenditure situation of the

    endowment fund. With the aim of ensuring that sufficient funds are available for promoting various projects at the University,

    the Team may refer to various data and propose annual investment plans.
    An annual investment plan concerning Subparagraphs 1, 2, 4, and 5, Paragraph 1, Article 3 will be established and implemented

    by the Office of Finance. Those related to Subparagraph 3 are planned and implemented by the Innovation Headquarters.

    When necessary, the Office of Finance may hire professional managers and regularly review their investment

    performance.

六、校務基金投資方向、策略及執行情形，財務處應於校務基金管理委員會及校務會議開會時提出投資績效報告，每學期至少一

        次。

6. Regarding the investment direction, strategy, and execution of endowment funds, the Office of Finance shall provide investment

    performance reports at the Endowment Fund Management Committee meetings and University Council meetings, at least once

    per semester.

七、本校校務基金之各項投資標的皆應設立停損點，各投資標的停損點之損失額度以不高於購買價格之20%為原則。但第三點第

        一項第三款及採全權委託方式之投資不適用。

        當投資標的損失額度超過購買價格之20%以上者，應重新評估，並提投資管理小組決議後，執行停損、繼續持有或加碼攤平

        成本。

7. Each investment made by the University’s endowment fund must have stop-loss orders. The amount of loss for each investment

    should be no more than 20% of the purchase price in principle. However , that such provision shall not apply to investments

    such as those specified in Subparagraph 3, Paragraph 1 of Article 3 and in the form of Discretionary Investment.

    When the amount of loss exceeds 20% of the purchase price, it should be re-evaluated and the Team should make a decision to

    stop the loss, continue to hold or average down on the losing position.

八、財務處就校務基金之相關投資事宜，應執行本要點投資風險控管程序。

8. Regarding investment related to endowment funds, the Office of Finance should implement the investment risk control

    procedure.

九、本校投資產生之盈虧，除依本校產學合作經費授權委託投資原則執行者外，其他依下列規定辦理：

        (一) 收益應全數撥充校務基金統籌運用。

        (二) 投資產生虧損時，其虧損之填補順序如下：

               1. 投資產生之累積收益。

               2. 學雜費收入以外之各項自籌收入歷年累積之盈餘。

9. The profit and loss arising from the University’s investment shall be handled in accordance with the following provisions, except

    for those that are implemented in accordance with the University Principles for Industry-University Cooperation Funds

    Investment Management:
    (1) Revenues should all go toward the endowment fund for organized use.
    (2) When the investment generates losses, the losses are compensated for in the following sequence:
          i. Accumulated revenues acquired through investment.
          ii. Earnings accumulated throughout the years from various forms of self-generated income other than that from tuition and

              other fees.

十、本要點經校務基金管理委員會通過後實施，並送校務會議備查，修正時亦同。 

10. These directions shall be implemented upon approval by the Endowment Fund Management Committee and shall be

      submitted to the University Council for reference. Any amendments shall be processed accordingly.

These directions were translated from the original Chinese. In the event of any discrepancies between the two versions, the Chinese always takes precedence.