Investment Committee Report
June 8, 1971



Members, Executive Committee, Board of Trustees:


                        REPORT OF INVESTMENTS



Recommendation: that the report of changes made In investments for the University
of Kentucky and its Affiliated Corporations for the quarter ended March 31, 1971 be
accepted.


Background: A part of the Board policy regarding investments is a provision that
quarterly reports be submitted by the Investment Committee of the Board. The attached
reports reflect the purchases and sales made during the First Quarter of 1971, for the
University of Kentucky Athletic Association, The Fund for Advancement of Education and
Research in the University of Kentucky Medical Center, the University of Kentucky and
the University of Kentucky Research Foundation.



Action: Approved       X       Disapproved



Othe r



Date:       June 8



I 1971