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
NEW: Memorandum on Investing in a Rising Interest Rate Environment
Read here for information on our current position on fossil-fuel divestiture.
UBCM Primer on Fossil Fuel Divestment
MFA Pooled Investment Funds
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
Forms and Documents
Documents
- Develop a Comprehensive Investment Policy
- Enrollment for Pooled Investment Fund
- Subscription Instructions
- Redemption Instructions
- Transfer Instructions
Forms
Performance Results
Daily Price
Indices
Performance Results