| EXHIBIT 1 - INVESTMENT PORTFOLIO BY ISSUER AT MARCH 31, 2009 |
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Quarter-End Portfolio Balance (All Funds): $410.9m |
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Investment |
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Portfolio at |
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Policy Targets* |
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Mar 31/09 |
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Government
(Federal/Provincial) |
>30%, no max |
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35% |
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Government (Municipal) |
max 30% |
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7% |
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Schedule I Banks: |
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Bank of Nova Scotia |
max 25% |
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12% |
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Bank of Montreal |
max 25% |
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6% |
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CIBC |
max 25% |
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7% |
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Manulife |
max 25% |
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4% |
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Royal Bank of Canada |
max 25% |
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2% |
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Toronto Dominion |
max 25% |
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27% |
** |
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Schedule I Banks Total |
max 65% |
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58% |
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Schedule II Banks: |
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Hong Kong Bank |
max 15% |
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0% |
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Schedule II Banks Total |
max 25% |
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0% |
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100% |
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| *
Targets are based on old Town Investment Policy. The new policy was adopted by Council in
April 2009. |
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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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