Project Description

Our experience working with Canadian municipalities and municipal districts dates back to 1983. Using an investment philosophy rooted in the Prudent Investor Rule, portfolios are designed to be more-strict than the MGA allows, prioritizing return of capital over return on capital. We have a wealth of experience creating and advising on municipal Investment Policy Statements and have created policies for over 100 Albertan municipalities since 1983, many of which are still in use. Currently, we manage over $2.0 billion in assets and have a proven ability to protect and grow portfolios through various market cycles. Our approach is typically the lowest-fee solution, as we leverage economies-of-scale to create bonds from scratch. This approach leads to lower fees and higher portfolio yields. By accessing products and new-issue investments not available elsewhere, we believe we have the widest inventory of bonds available of any firm in Canada. CIBC is ranked as the strongest bank in North America and third-strongest in the world by Bloomberg Markets.

James Hobson, CFA – Investment Advisor, Portfolio Manager and Chairman’s Council Member

Charet Chahal, CFA – Investment Advisor, Portfolio Manager and Chairman’s Council Member

Phone:  800-665-MUNI

Contact:  james.hobson@cibc.ca OR charet.chahal@cibc.ca