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.
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
ONE Canadian Corporate Bond Portfolio Guideline
Investment Management Canada