Pooled Investments Program

Invest surplus cash at competitive rates with great liquidity and limited risk

Are you looking for better ways to manage surplus funds? The MFA offers three investment options to help you make the most of your investments:

1. MONEY MARKET FUND
for investments of less than one year,

2. INTERMEDIATE FUND
for investments from one to three years,

3. BOND FUND
for investments of more than three years.

MFA Pooled Investment Dividends (xls)
Notice of Pooled Investment Dividends 2009 (pdf)

MFA Dividends for users of our programs >>>

Take advantage of the benefits

Your funds are pooled with other communities in high quality investments and managed independently by Phillips, Hager & North Investment Management. By using our program and pooling your investments you realize numerous benefits:

  • maintain easy access to your money - within 24 hours for money market, three to four days for longer term funds, deposit or redeem amounts as low as $1,000
  • earn competitive net returns that have consistently beaten investment benchmarks
  • receive investment dividends in addition to interest income
  • simple, quick and easy transactions by fax and phone
  • money market fund can be used like a bank account
  • set-up multiple accounts for reserves or project funds
  • receive weekly or monthly reporting
  • free redemptions, subscriptions and transfers
  • allows you to outsource short-term investment

Who can access the program?

The Pooled Investment Program is available to:

  • Municipalities
  • Regional Districts
  • Regional Hospital Districts
  • E-Comm, CREST
  • Greater Vancouver Sewerage and Drainage District
  • Greater Vancouver Water District
  • South Coast BC Transportation Authority (TransLink)
  • Universities, Colleges and School Districts
  • First Nations
  • Improvement Districts and municipal organizations

Forms


Contact

For additional information on the Pooled Investment Program, please contact Renata Hale or Meagan Carver



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