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The Texas Undergraduate Fund is an educational investment program for undergraduate students, supported by Texas McCombs Investment Advisers LLC. Students lead the investment research and recommendation process within established investment-policy guidelines. TMIA, acting through its faculty managers, holds investment-decision authority and remains responsible for compliance with the applicable client mandate and legal and regulatory requirements. TMIA provides investment advisory services only to its institutional clients; the program does not offer investment-advisory services or investment interests to the public, and this website is not a solicitation.