How We Invest Funds
When you establish a fund with the Burlington Community Foundation the funds are pooled, invested prudently, using income earned - generating a source of grants to respond to the changing needs of this community.
Burlington Community Foundation's investment policy aims to optimize total returns and maximize distributions, while at the same time ensuring the protection of capital against the effect of inflation.
To ensure the goals of the Foundation are met, an Investment Committee of senior volunteers with extensive knowledge in the investment field, provide oversight and monitor investment performance.
The Investment Committee:
- Established the Investment Policy
- Establishes Target Asset Mix
- Monitors performance
- Monitors disbursement rate
The Foundation employs several investment management firms to manage the funds in our care. By spreading our funds over several firms we can select money managers based on their area of expertise and diversify our holdings.
Current Investment Managers
- Jarislowsky Fraser Limited
- Connor, Clark and Lunn Private Capital Limited
In order to achieve the appropriate levels of risk exposure balanced against return expectations, our Investment Policy allocates investments to the following asset classes:
This Investment Policy applies to the Long Term and Short Term Investment Portfolios of Burlington Community Foundation. The Statement contains investment guidelines and monitoring procedures.