ONE Joint Investment Board

Since 2020, ONE Investment has offered a Prudent Investment (PI) Program. It is a turnkey solution that offers Ontario municipalities, regardless of size, access to far broader investment powers by leveraging the 'Prudent Investment Standard' opportunity in the Municipal Act (Section 418.1). 

In compliance with provincial regulations, ONE Investment, along with six founding municipalities, created a Joint Investment Board (ONE JIB) with independent and professional expertise to manage investments for all municipalities participating in PI with ONE. ONE JIB was established under section 202(1) of the Municipal Act in accordance with Part II O. Reg. 439/97 and acts pursuant to the ONE Joint Investment Board Agreement. It acts as a Municipal Services Board for all participating municipalities.

As a not-for-profit serving the Ontario municipal sector, ONE Investment provides certain management, administrative and other services to ONE JIB under a Services Agreement.

ONE leverages PH&N Institutional, as the outsourced Investment manager to build a municipal portfolio from a suite of available funds that include domestic and international securities, fixed income products and alternative investments.

The full-service ONE JIB model includes municipal support for:

• Considering/adopting the Prudent Investor Standard
• Creating an Investment Policy Statements and unique Investment Plan
• Managing your portfolio with regular reviews and rebalancing
• Risk management and ongoing services
• Reporting