Item - 2024.IB9.6

Tracking Status

IB9.6 - Sinking Fund and Long Term Fund - Performance and Compliance Update for the Third Quarter of 2024

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Board Decision

The Toronto Investment Board:

 

1. Received this report for information.

Decision Advice and Other Information

The Director, Capital Markets gave a verbal update on Investment Manager and Other Updates.

 

Fauzia Babar and Brian White gave a presentation on behalf of Aon Consulting.

Origin

(November 25, 2024) 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 Sinking Fund and Long Term Fund performance for the third quarter of 2024.

 

2.  Investment Policy and Plan Compliance check for the third quarter of 2024.

Background Information

(November 25, 2024) Report from the Director, Capital Markets on Sinking Fund and Long Term Fund - Performance and Compliance Update for the Third Quarter of 2024
https://www.toronto.ca/legdocs/mmis/2024/ib/bgrd/backgroundfile-251015.pdf
Attachment 1A - Discussion Guide - City of Toronto (Investment Board) - 2024 Q3
https://www.toronto.ca/legdocs/mmis/2024/ib/bgrd/backgroundfile-251016.pdf
Attachment 1B - Quarterly Investment Review - City of Toronto (Toronto Investment Board) - 2024 Q3
https://www.toronto.ca/legdocs/mmis/2024/ib/bgrd/backgroundfile-251017.pdf
Attachment 2 - Historical Funding to Investment Managers (Contributions Withdrawals)
https://www.toronto.ca/legdocs/mmis/2024/ib/bgrd/backgroundfile-251018.pdf
Attachment 3 - Flow of Funds (Sinking Fund)
https://www.toronto.ca/legdocs/mmis/2024/ib/bgrd/backgroundfile-251019.pdf

Motions

Motion to Adopt Item moved by Sharon Castelino (Carried)
Source: Toronto City Clerk at www.toronto.ca/council