The Alberta Municipal Services Corporation is proud to introduce MuniFunds, Investment Solutions for Alberta Municipalities
As a member-driven organization we have responded to your interest in an aggregated investment service. MuniFunds has been designed to meet the unique needs of municipalities regarding their investment objectives. It enables member municipalities to direct reserve funds to professional investment management in order to achieve greater investment returns, improved risk reduction through diversification and lower fees through economies of scale.
The cornerstone of the MuniFunds program is through leveraging the strength of solid partnerships AMSC develops with credible, successful organizations. These partnerships are formed only after undergoing a rigorous due diligence process on behalf of our members, and AMSC is pleased to announce the selection of three world-class service providers that will provide investment expertise; CIBC Mellon, Beutel Goodman and Alberta Investment Management Corporation (AIMCo).
The Munifunds program will deliver the following advantages to your Municipality:
- Flexibility and liquidity of investment funds
- Appropriate fund diversification
- Regulatory and legal compliance
- Peer Committee oversight
- Low cost custody and safe-keeping of assets
- Professional Accounting of Investment activity and regular performance reviews
Subscription Package
The MuniFunds Subscription Package contains all of the documents necessary to participate in the service. To download the package, click here (PDF document).
The MuniFunds Forms document contains the necessary documents to send instructions to the fund, including: deposits, redemptions and transfers. To download the document, click here (PDF document).
All AUMA Regular members are eligible to participate in the MuniFunds program. If you have an Associate membership and would like to participate, contact us.
We want to hear from you, if you have any questions please contact us.