CIBC Wood Gundy has been managing condominium reserve funds for over a decade.
Ronald and his team follows strict Condominium Property Regulations and Property Act.
Our team:
• Work together with board members, property managers and their accountants.
• Organize signing authorities and create efficient means of communication.
• We help consolidate reserve funds into one account to help increase rates of return, and leverage economies of scale.
• Provides simple and concise investment terminology to all members of the board and property managers.
• Supports capital and liquidity needs for 1-10 years.
• Invests in a prudent manner with strong focus on preserving capital and to minimize fees.
• Following mandates that integrate stricter rules than Condominium Property Regulation – Section 2.