The Foundation's own endowments are invested in a balanced fund managed by Fiera Capital Inc. The fund the Foundation has chosen adheres to the socially responsible investment requirements of the church. Though their institutional funds are normally available only to institutions with significant assets to invest, Fiera Capital Inc. offers other United Church organizations--congregations, camps, colleges, Presbyteries and Conferences--the opportunity to invest in the same balanced fund the Foundation has chosen.
- Access to a professionally managed institutional balanced fund that is normally unavailable to smaller investors. As of December 31, 2009, the five year average return on the fund was 4.89%.
- A modest annual management fee of 1% of assets. Income may be reinvested, or income and capital may be withdrawn at your discretion.
- • The satisfaction of supporting companies with "best of sector" track records in environmental stewardship, occupational health and safety, community consultation, employee relations, product safety and ethical business practices. Fiera Capital Inc uses the research of Michael Jantzi Research Associates, Canada's leading research company in the area of socially responsible investing.
- The satisfaction of supporting The United Church of Canada through the Foundation. 80% of the fee you pay covers our administration functions, and so helps to sustain the Foundation's mission of creating enduring endowment support for the present and future ministries of the United Church.
Note: The Boards of Trustees of congregations are subject to provincial or territorial legislation governing Trustees. The Congregational Board of Trustees Handbook, available online, describes the responsibilities of Trustees with regard to investments, and offers guidelines for congregational investment policies. Trustees are encouraged to seek appropriate professional advice before making investment decisions on behalf of their congregation.