Topic:"Asset Management" in M10563

Investments Investments are primarily in pooled funds and stated at fair value on a trade date basis. The change in fair value is reflected as direct increases or decreases to net assets. Pooled fund investments are valued at the unit valu...

AI summary The document discusses how investments, mainly in pooled funds, are valued at fair value on a trade date basis. Changes in fair value directly affect net assets, and the valuation is based on unit values provided by the pooled fund administrator.

i) Cash Credit risk associated with cash is minimized by investing these assets in short-term interest-bearing deposits of a Canadian bank with credit ratings that comply with the Corporation's banking and investment policy.

AI summary The credit risk associated with cash is minimized by investing in short-term interest-bearing deposits of Canadian banks that meet the Corporation's banking and investment policy credit rating requirements.

i) Other price risk Other price risk is the risk that the fair value of a financial instrument or the related future cash flows will fluctuate due to changes in market prices. The Corporation is exposed to other price risk with regard to i...

AI summary The Corporation faces other price risk due to fluctuations in market prices affecting the fair value of its investments, particularly pooled funds. It manages this risk through an investment manager and a diversified portfolio of bonds and equity funds as outlined in its investment policy.