Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Choose your role:
Category:
Financials
Save this article >
Investing Reserve Fund Monies
Author:
Toronto Condo News
Publication date:
December 25, 2020
Article Summary:
The blog discusses the importance of investing reserve fund monies by condominium corporations. It emphasizes that investing in short-term vehicles like term deposits or money market funds is not enough to generate significant returns. Instead, investing in long-term diversified investment portfolios that align with the condo corporation's risk tolerance and investment policy statement is the way to go. The blog also notes the importance of hiring professional investment managers to manage reserve funds and ensure compliance with regulatory requirements.
Keywords:
investing, reserve fund, condominium corporation, long-term diversified investment portfolios, risk tolerance, investment policy statement, professional investment managers.
Source Citation:
Toronto Condo News
Investing Reserve Fund Monies
December 25, 2020
Did you find this article useful?
Your feedback is important not only to us, but to all the other key players in the condo industry. Help us by letting us know if this article is relevant and useful. This will help us prioritize articles that provide helpful guidance to other key players like you.
Please login to use this feature.
