Growing Reserves for Growing Communities
An easy, effective way to manage your municipal reserves
About SUMAInvest
SUMAInvest is a new opportunity for Saskatchewan municipalities to pool reserves and benefit from a diversified, professionally-managed investment portfolio.
Benefits of SUMAInvest
Our goal is to harness the power of a pooled investment portfolio to grow municipal reserves and put more money back into our communities.
Comparison to GICs
SUMAInvest can earn your municipality significantly more than holding reserves in cash or GICs.
The SUMAInvest program offers greater potential for investment growth and reduced risk as part of a diversified portfolio of over $125 million.
The figure below plots our quarterly returns for the past five years. Our fifteen-year historical average annualized return is now close to 8% and our five-year average annualized return is above 10%.
While there are occasionally unrealized losses in some quarters, the investment portfolio is designed with a long-term outlook. The greatest risk of losses is in the short-term and the greatest opportunity for growth is in the long-term.
