Item - 2023.IB5.2
Tracking Status
- This item was considered by Toronto Investment Board on December 11, 2023 and was adopted without amendment.
IB5.2 - Sinking Fund and Long Term Fund - Performance and Compliance Update for the Third Quarter of 2023
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Board Decision
The Toronto Investment Board received the report (November 20, 2023) from the Director, Capital Markets, for information.
Decision Advice and Other Information
Fauzia Babar and Brian White gave a presentation on behalf of Aon Consulting.
Origin
(November 20, 2023) Report from the Director, Capital Markets
Summary
As required by the City's Investment Policy, the purpose of this report is to provide the Toronto Investment Board (Board) with the following:
1. The performance of the Sinking Fund and Long Term Fund for the third quarter of 2023.
2. Investment Policy and Plan Compliance certificates and reports for the third quarter of 2023.
Background Information
(November 20, 2023)
Report from the Director, Capital Markets on Sinking Fund and Long Term Fund - Performance and Compliance Update for the Third Quarter of 2023
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241041.pdf
Attachment 1A - Revised - Toronto Investment Board - Discussion Guide Q3 2023 (AON)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241395.pdf
Attachment 1A - Toronto Investment Board - Discussion Guide Q3 2023 (AON)
Attachment 1B - Performance Monitoring Report - Q3 2023 (Aon)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241044.pdf
Attachment 2 - Historical Funding to Investment Managers (Contributions Withdrawals)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241050.pdf
Attachment 3 - 2023 Quarterly Fund Information
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241051.pdf
Attachment 4 - Compliance Certificates and Reports (July 2023 - September 2023)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241052.pdf
Attachment 5 - Flow of Funds (Sinking Fund)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241053.pdf
Attachment 6 - City of Toronto Statement of Investment Policy and Procedures
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241058.pdf
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241041.pdf
Attachment 1A - Revised - Toronto Investment Board - Discussion Guide Q3 2023 (AON)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241395.pdf
Attachment 1A - Toronto Investment Board - Discussion Guide Q3 2023 (AON)
Attachment 1B - Performance Monitoring Report - Q3 2023 (Aon)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241044.pdf
Attachment 2 - Historical Funding to Investment Managers (Contributions Withdrawals)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241050.pdf
Attachment 3 - 2023 Quarterly Fund Information
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241051.pdf
Attachment 4 - Compliance Certificates and Reports (July 2023 - September 2023)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241052.pdf
Attachment 5 - Flow of Funds (Sinking Fund)
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241053.pdf
Attachment 6 - City of Toronto Statement of Investment Policy and Procedures
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241058.pdf
Motions
1
- Motion
to Adopt Item
moved by
Terry Carr
(Carried)