ONE Canadian Corporate Bond Portfolio

The objective of the ONE Canadian Corporate Bond Portfolio is to provide higher rates of return in the 4+ year time frame by investing in a diversified, conservatively managed portfolio of corporate and government bonds, debentures, and/or promissory notes as permitted by applicable regulation.

Corporate bonds have historically offered incrementally better returns than traditional government bonds while offering less short-term interest rate risk than equity investments.

Investment Horizon

With a longer-term investment horizon of 4+ years, municipalities will find the ONE Canadian Corporate Bond Portfolio suitable for:

• Long-term reserves and reserve funds (i.e. funds for future capital projects)
• Perpetual and trust funds, as required for cemetery funds
• Development charge receipts not required in the short-term

Investment Guideline

ONE Canadian Corporate Bond Portfolio Guideline

Portfolio Manager

Investment Management Canada