Investor Presentaiton
Investment Structure
The Public Trustee Branch has delegated primary responsibility for the investment of
client and trust assets to the Treasury Division of the Department of Finance in the
Government of New Brunswick. The Public Trustee Branch has entered into this
partnership with the Treasury Division to secure the most efficient and cost effective
investment management services possible for its clients and trusts.
Clients' cash assets will be allocated into one of three investment options, including:
Public Trustee Branch Bank Account
Operated through the Royal Bank of Canada, this trust account is managed by the
Public Trustee Branch. The account is used to maintain a sufficient cash balance to
meet clients' short term needs for a period up to 12 months. Interest earned, by each
individual client, from this Bank Account is based upon the client's proportional share of
the accounts total assets.
Money Market Fund
This fund is managed by the Treasury Division of the Department of Finance. The
objective of this fund is to provide ongoing investment income while maintaining liquidity
and preservation of capital. The fund is comprised of a portfolio of Government of
Canada and Provincial treasury bills.
Bond Fund
This fund is managed by the Treasury Division of the Department of Finance. The
objective of this fund is to provide ongoing investment income while obtaining enhanced
long-term returns, maintaining liquidity and preservation of capital. The fund is
comprised of a portfolio of Government of Canada and Provincial bonds and provincial
treasury bills.
Interest earned from the Money Market and Bond Fund is calculated and paid monthly
based upon the client's proportional share of each funds' total assets.
Communication Strategy
Community awareness of the Office of the Public Trustee remains an issue because the
program is relatively new. One of the ways the Public Trustee is attempting to overcome
this challenge is by speaking to complimentary service providers and potential referral
sources regarding the services provided by the Public Trustee Branch.
Five professional and community groups were given presentations, in various locations
throughout the province during the 2010/2011 fiscal year.
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