City of Edmonton Investment Funds

Forwarding from City of Edmonton:

Did you know, the City’s investment earnings help fund construction projects?

We’ve saved approximately $1.5 million each year by managing some of the City’s investments in-house over the past 10 years.

Last year, our largest fund, the Ed Tel Endowment Fund, paid $45 million in dividends back to the City and ended the year at a market value of $938 million.

Since the fund was created in 1995, over $1 billion in dividends has been re-invested back into our community.

The Investment Committee report shows that all the City’s investment funds continue to maintain an upward trend.