In 1993, ONE Investment was formed by two key municipal associations, Municipal Finance Officers’ Association (MFOA) and Association of Municipalities of Ontario (AMO), through its services arm, Local Authority Services (LAS).
With more than 25 years of experience serving the sector, ONE Investment understands the needs of municipalities. Today, ONE Investment offers municipalities and municipal treasurers:
- A wide range of investment products
- In-person and online education and training opportunities
- One-on-one input supporting Council investment decisions
- Tools and templates to support reporting back to council
Since the 1990’s, we have offered a Money Market portfolio and Bond portfolio. Over the years, we expanded our investment offerings with an Equity portfolio in 2007 and a Universe Corporate Bond portfolio in 2008. In 2010, we rebranded to “ONE Investment Program”. In 2015, we introduced a high-interest savings account (HISA) which offers a competitive rate for short term monies. For over a decade, the Peer Advisory committee comprised of Municipal Finance representatives across the province has been providing ONE feedback regarding investments from the municipal perspective. In 2016, the Investment Advisory Committee comprised of industry experts was formed to provide guidance to ONE staff in making investment management decisions.
In 2018, we incorporated ONE Investment as a not-for-profit organization; a change that allows us to broaden our investment options and offer formal investment advice to municipalities.