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 |