Supporting municipal investment for 30 years.
ONE Investment offers municipalities and treasurers access to a broad range of investment products, including those that comply with Ontario's Legal List of municipal investment, High Interest Savings Accounts, and a Prudent Investment program. As well, ONE offers training opportunities, one-on-one investment advice and a full range of tools and templates to support Council communications.
|
1993
|
- The Municipal Finance Officers' Association and the Association of Municipalities of Ontario (AMO) form the ONE Fund to create investment offerings tailored to municipal needs.
- A Peer Advisory Committee, comprised of municipal treasurers, ensures the fund aligns with municipal goals and guidelines.
- The fund offers Money Market and Bond portfolios tailored to municipal investment needs and compliant with provincial regulations.
|
| 2007 |
- ONE expands investment options with a Canadian Equity Portfolio - the only equity offering approved by the province for municipal investors.
|
| 2008 |
- Universe Corporate Bond portfolio is launched.
|
| 2010 |
- ONE rebrands to ONE Investment Program.
|
| 2015 |
- Leveraging the scale of the sector, ONE Investment negotiates a High-Interest Saving Account (HISA) at highly competitive rates for short-term monies.
|
| 2016 |
- The ONE Investment Advisory Committee, comprised of investment industry experts, is formed to advise staff on investment management.
|
| 2017 |
- The Government of Ontario passes legislation to allow municipalities to invest under the Prudent Investor Standard.
|
| 2018 |
- As of March 1, 2018, municipalities can take advantage of Prudent Investment Regime, provided they meet provincial requirement.
- ONE Investment is incorporated as a not-for-profit organization, allowing ONE to broaden investment options and offer formal investment advice to municipalities.
- As of November 23, 2018, ONE Investment receives an exemption from the Ontario Securities Commission (OSC) to offer formal investment advice to municipalities.
|
| 2020 |
- ONE Investment creates the Prudent Investment (PI) Program.
- The ONE Joint Investment Board (ONE JIB) is formed as a municipal service board to manage PI investments of Six Founding Municipalities.
- The Founding Municipalities appointed initial members of the ONE JIB. The ONE JIB is set up to include those with global investment expertise and municipal finance experts.
- At launch, ONE JIB is managing $500 million in investments for the six founding municipalities.
|
| 2024 |
- ONE enhances its Prudent Investment Program by engaging an Outsourced Chief Investment Officer (OCIO) - PH&N Institutional, through a competitive RFP.
- ONE JIB grows to manage PI investments for 15 municipalities with a total balance of >$2 billion.
- Total investments with ONE Investment exceeded $4 billion
|
