Financial Investment Approach

Last Updated (Thursday, 13 August 2009 19:54) Written by Administrator Monday, 17 November 2008 19:15

The Foundation Board, with assistance from the Investment Committee, sets investment policy and regularly reviews the investment portfolio. The Foundation’s objective is to generate a 10-year annualized return on investment of no less than 9%, balancing asset growth with prudent levels of risk.

The Investment Committee, composed of volunteers with senior level investment management experience, reviews the Foundation’s professional fund managers’ performance quarterly against established benchmarks.

Asset Allocation

Target

Fixed Income
Canadian Equities
US Equities
International Equities
Real Estate
Infrastructure

28%
20%
20%
20%
10%
2%

Investment Counsellors

  • Bentall Capital
  • Connor, Clark & Lunn Investment Management Ltd.
  • GE Asset Management Inc.
  • Global Infrastructure Partners
  • Mawer Investment Management Ltd.
  • Phillips, Hager and North Investment Management Ltd.
  • Standard Life Investments
  • State Street Global Advisors, Ltd.
  • Canadian Urban Limited
  • TD Capital Private Equity Investors

Main Fund Custodian

  • RBC Dexia Investor Services