Prudent oversight. Long-term planning. Clear accountability.
Condominium corporations face unique financial responsibilities when managing reserve funds and long-term capital needs.
Our firm works with condominium boards and property managers to provide professional investment management for reserve funds, helping ensure these assets are managed prudently and in accordance with the corporation’s long-term funding plan.
Reserve Fund Investment Management for Condominium Corporations
Condominium corporations are responsible for maintaining reserve funds to finance major repairs and replacements over time. Managing these funds prudently is essential to ensuring that capital is available when needed while still earning reasonable returns.
Our firm provides professional investment management for condominium reserve funds, working with boards and property managers to implement strategies that align with reserve fund studies, regulatory requirements, and long-term funding plans.
Specialized Investment Service
Reserve funds exist to ensure that condominium corporations are able to maintain and repair their buildings over time. These funds must be managed carefully so that capital remains available when needed while still earning reasonable returns.
Through Agile Securities, we provide professional portfolio management for condominium reserve funds. Our role is to oversee investment decisions so boards and property managers can focus on the many operational responsibilities of running a condominium corporation.
Who This Service Is For
Our condominium investment management service is designed to support boards and property managers who oversee reserve funds and long-term capital planning.
Condominium Boards
Boards responsible for safeguarding reserve funds and ensuring that capital is available for major repairs and replacements over time.
Property Managers
Property managers seeking professional investment oversight for reserve funds so that boards can focus on the operational management of their buildings.
Condominium Corporations
Condominium corporations looking for a prudent and structured approach to managing reserve fund investments in alignment with their reserve fund studies.
How we work with Condominium Corporations
Reserve Fund Implementation
We implement investment strategies that align with the timelines and cash-flow requirements outlined in a corporation’s reserve fund study.
Accounts in the name of the Corporation
All accounts are established directly in the name of the condominium corporation and remain entirely the property of the corporation.
Professional Portfolio Management
As Portfolio Manager, Victor oversees the investment strategy while ensuring decisions are made prudently and in the best interest of the corporation.
More Flexible Than GIC-only Strategies
Many condominium corporations rely exclusively on GICs for reserve fund investments. While these instruments provide stability, they can also limit flexibility and create challenges when funds are required before maturity.
Our approach allows reserve funds to be invested in a diversified portfolio that balances stability, liquidity, and long-term returns while remaining consistent with the regulatory framework governing condominium reserve funds.
Understanding Reserve Fund Investment Rules
Reserve funds are subject to specific regulatory requirements that determine how these assets may be invested. The appropriate investment approach for a condominium corporation depends on the applicable legislation and the recommendations outlined in the corporation’s reserve fund study.
Our role is to work with condominium boards and property managers to ensure that investment strategies remain consistent with the regulatory framework governing reserve funds while still seeking prudent long-term returns.
Before implementing any investment strategy, we review the corporation’s reserve fund study and ensure that the investment approach aligns with the expected timing of capital expenditures.
Common Questions from Condominium Boards
Reserve funds are subject to provincial legislation and must be invested in accordance with the Condominium Property Act. The appropriate investment approach depends on the governing legislation and the corporation’s reserve fund study.
Investment management is provided by Agile Securities, with portfolios overseen by Victor Lough in his capacity as Portfolio Manager.
Condominium boards and property managers interested in learning more about this service can contact David Tomlinson, who works directly with corporations to coordinate the implementation of reserve fund investment strategies.
Professional Investment Oversight
Investment management for condominium reserve funds is provided by Agile Securities, with portfolios overseen by Victor Lough in his capacity as Portfolio Manager.
As Portfolio Manager, Victor operates under a fiduciary obligation to act in the best interests of clients when making investment decisions. This ensures that reserve fund investments are managed prudently and with the level of care required when overseeing assets held on behalf of condominium corporations.
Our role is to work collaboratively with condominium boards, property managers, and other professional advisors to ensure reserve fund investments remain aligned with the corporation’s reserve fund study and long-term capital planning requirements.
This approach complements the fiduciary responsibilities of condominium boards when overseeing their corporations’ financial resources.
Your Dedicated Point of Contact
For condominium corporations and property managers interested in learning more about this service, the primary point of contact is David Tomlinson, who works with condominium boards and property managers to coordinate the implementation of reserve fund investment strategies.
David helps guide corporations through the process of establishing accounts and implementing the appropriate investment structure.
Investment management decisions are overseen by Victor Lough in his capacity as Portfolio Manager through Agile Securities.
David Tomlinson
dave@agilewm.ca
call/text: 587-430-1591