Mount Allison University, Sackville, New Brunswick
Endowment Fund Holdings
Mount Allison University makes information about its operations available to the public through its website and its publications.
Reports and Accountability
Financial Reports include annual Endowment Fund holdings. The website has the years from December 31, 2016 to December 31, 2023
https://mta.ca/about/leadership-and-governance/reports-and-accountability
Dalhousie University, Halifax
The website for Dalhousie Treasury and Investments contains reports, including:
Dalhousie University publishes the following reports each year:
Endowments:
Annual Report on Investment Holdings – Annual dated March 31, 2024 [PDF 101 KB]
Pension Plan:
Dalhousie Pension Trust Fund Annual Financial Statements – These statements are released each October presenting the financial position of the Pension Trust Fund for the prior June 30th year end. This is on the Dalhousie Pension Plan website.
Dalhousie Retirees’ Trust Fund Annual Financial Statements – These statements are released each October presenting the financial position of the Retirees’ Trust Fund for the prior June 30th year end. This is on the Dalhousie Pension Plan website.
Dalhousie Pension Plan Annual Reports – This report is from the Plan Administrator providing an overview of the Plan’s membership and governance. Information on the funded status of the plan as reported by the most recent actuarial valuation, and presents the investment performance and financial position for the fiscal year ending June 30th. This is on the Dalhousie Pension Plan website.
Interim PTF & RTF Investment Performance – Quarterly updates on the interim performance of the Pension Trust Fund and Retiree’s Trust Fund. This is on the Dalhousie Pension Plan website.
The following contains a detailed list of the Endowments Funds, Pension Trust Fund and Retirees’ Trust Fund.
Investment Committee/PTF & RTF Trustees Reports- annual and semi-annual reports to the Board of Governors on the investment activities and results of the Endowments Funds, Pension Trust Fund and Retirees’ Trust Fund.
https://www.dal.ca/dept/treasury-investments/reports/investment-committee.html
| Organization | all AFSC (no UN) | Country | MV (CDN) |
| ABB | AFSC | Switzerland | 1,033,182 |
| Alphabet | AFSC | USA | 5,240,499 |
| Bombardier | AFSC | Canada | 442,145 |
| Caterpillar | AFSC | USA | 6,289 |
| CNH Industrial | AFSC | UK | 80,785 |
| General Electric | AFSC | USA | 228,143 |
| General Motors | AFSC | USA | 133,524 |
| Hyundai | AFSC | South Korea | 73,631 |
| Toyota Motor | AFSC | Japan | 90,909 |
| WSP Global | AFSC | Canada | 1,557,711 |
| Wyndham Hotels & Resorts | AFSC | USA | 247,712 |
| Total – AFSC | $9,134,530 |
St Mary’s University
Policies regarding investments can be found at:
https://www.smu.ca/smu-investments
Governance
Responsibility for this policy lies with the Finance Committee of the Saint Mary’s University Board of Governors. An independent Investment Advisory Committee comprised of volunteers provides additional input and advice to the university.
Portfolio Management
Saint Mary’s investments are managed by investment managers in pooled funds, which provide the university with a more cost-effective way to achieve diversification. All of Saint Mary’s investment managers except one are signatories to the United Nations‐supported Principles for Responsible Investment (UN PRI). The one that is not a signatory invests solely in Canadian real estate.
Saint Mary’s University selects and continuously monitors third-party investment managers with the assistance of an external investment consultant. Mercer LLC, a recognized responsible investment consultant and a signatory to the UN PRI, serves as the university’s consultant.
Investment Disclosure
Starting in 2024, Saint Mary’s voluntarily discloses detailed holdings information for the Endowment Funds Investment Portfolio (EFIP) and Restricted Funds Investment Portfolio (RFIP) in an annual report.
This annual report includes all public equity holdings within the EFIP and the RFIP.
https://www.smu.ca/webfiles/March31,2024-SMUEndowmentFundsHoldingsDisclosure_PublicEquities.pdf
Due to the agreements in place with specific fund managers, the individual holdings of Saint Mary’s investments in Canada Life’s Canadian real estate fund, PIMCO’s global fixed income fund, IFM’s global infrastructure fund and SLC’s private debt fund are not disclosed. For more information on these investments, please visit their respective websites:
| Organization | UN | Country | MV (CDN) |
| Alphabet | AFSC | USA | 74,919 |
| Amazon | AFSC | USA | 79,457 |
| Boeing | AFSC | USA | 5,716 |
| Bombardier | AFSC | Canada | 5,619 |
| Caterpillar | AFSC | USA | 8,460 |
| Cemex | AFSC | Mexico | 16,327 |
| Chevron | AFSC | USA | 13,330 |
| Cisco Systems | AFSC | USA | 9,760 |
| Exxon Mobil | AFSC | USA | 20,889 |
| First Solar Inc | AFSC | USA | 813 |
| Ford Motor | AFSC | USA | 2,483 |
| General Dynamics | AFSC | USA | 3,080 |
| General Electric | AFSC | USA | 8,440 |
| General Motors | AFSC | USA | 1,862 |
| Hewlett Packard Enterprise | AFSC | USA | 966 |
| Hitachi | AFSC | Japan | 29,371 |
| L3Harris Technologies | AFSC | USA | 1,981 |
| Lockheed Martin | AFSC | USA | 4,708 |
| Meta Platforms | AFSC | USA | 53,833 |
| Mitsubishi | AFSC | Japan | 11,755 |
| Northrop Grumman | AFSC | USA | 3,243 |
| PayPal Holdings | AFSC | USA | 3,217 |
| Total – AFSC | $360,229 | ||
| Organization | UN | Country | MV (CDN) |
| Airbnb | UN | USA | 3,384 |
| Booking Holdings | UN | USA | 5,982 |
| Expedia Group | UN | USA | 901 |
| Motorola Solutions | UN | USA | 2,711 |
| Total – UN | $12,978 | ||
| TOTAL | $373,207.00 |
Memorial University in St. John’s provided disclosure, and the following investments in war crimes and genocide were determined.
Current information shows MUN holds the following:
Direct Investments Date # Shares Market Value
RTX Corporation Oct 18, 2024 16,090 shares $2,796,966
Motorola Solutions Inc Oct 18, 2024 3,805 shares $2,496,132
WSP Global 13 November, 2024 30,411 shares $7,568,386
Indirect Investments Date Pro-Rata Value
BAE Systems Sept 30, 2024 $2,425,794
Primo Water Corp Oct 18, 2024 $33,917
Mercantile Bank Corp Oct 18, 2024 $39,562
Sturm Ruger Oct 18, 2024 $81,664
Alstom Oct 18, 2024 $153,414
Shufersal Ltd Oct 18, 2024 $157,371
Israel Discount Bank Oct 18, 2024 $20,280
Cellcom Israel Ltd Oct 18, 2024 $19,249
ReMax Holdings Inc Oct 18, 2024 $24,338
Cadre Holdings Inc Oct 18, 2024 $16,747
Cemex Oct 18, 2024 $9,931