EXHIBIT 1 - INVESTMENT PORTFOLIO BY ISSUER AT DECEMBER 31, 2007 |
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Year-End Portfolio Balance (All Funds): $303.4m |
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Investment |
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Portfolio at |
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Policy Targets |
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Dec 31/07 |
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Government
(Federal/Provincial) |
>30%, no max |
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26% |
* |
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Government (Municipal) |
max 30% |
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3% |
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Schedule A Banks: |
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Bank of Nova Scotia |
max 25% |
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3% |
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Bank of Montreal |
max 25% |
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15% |
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CIBC |
max 25% |
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13% |
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Royal Bank of Canada |
max 25% |
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3% |
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Toronto Dominion |
max 25% |
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24% |
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Schedule A Banks Total |
max 65% |
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58% |
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Schedule B Banks: |
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Hong Kong Bank |
max 15% |
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13% |
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Schedule B Banks Total |
max 25% |
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13% |
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100% |
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*
Under the Town of Markham Investment Policy, deviations of +/- 5% from the
above targets are allowed in order |
to take advantage of changing capital
market conditions. |
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