Item - 2024.IB9.6
Tracking Status
- This item was considered by Toronto Investment Board on December 12, 2024 and was adopted without amendment.
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
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)