Pooled Investments

The Municipal Finance Authority of BC offers access to three fixed income investment portfolios to help make the most of your investment needs:

Money Market Fund – for investment of less than one year
Intermediate Fund – for investments from one to three years
Bond Fund – for investments of more than three years

*** Please read this Memorandum regarding changes to the record-keeping and valuation methodology of our Funds effective May 30, 2016***

Read here for information on our current position on fossil-fuel divestiture.

UBCM Primer on Fossil Fuel Divestment

MFABC Pooled Investment Results 







Transfer Form

Subscription Instructions Redemption Instructions Transfer Instructions

Funds are pooled, invested in high quality products, and managed independently by Phillips, Hager & North, Ltd. Using the MFA’s program to pool investments provides numerous benefits including:

  • Earning competitive net returns,
  • Maintaining easy access to your money – within one business day for Money Market Fund, and three to four business days for the Bond Fund and Intermediate Fund,
  • Simple, quick transactions by email and phone,
  • Ability to set up multiple accounts to segregate reserves or project funds,
  • Receiving weekly and monthly reporting,
  • Free redemptions, subscriptions, and transfers,
  • Allows you to outsource short term investment.

The program is available to the following organization types:

  • Municipalities
  • Regional Districts
  • Regional Hospital Districts
  • E-Comm, CREST
  • Greater Vancouver Sewerage and Drainage District
  • Greater Vancouver Water District
  • South Coast BC Transportation Authority (TransLink)
  • Universities, Colleges, and School Districts
  • First Nations
  • Improvement Districts and municipal organizations

Want to develop a comprehensive investment policy? Click here.

For pooled investment inquiries please email

Tools / Resources

Find status of loans, issue highlights, amortization schedules and historical rates.

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Credit Reports

Every year the MFA presents to 3 credit rating agencies to access the lowest rate possible for our clients.  Here are their findings.

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Annual Reports