Foundation Finances
Investing for the Future
The PSBGM Cultural Heritage Foundation has invested all revenues generated from the sale of its Canadian art collection to finance the creation of the PSBGM Cultural Heritage Foundation Scholarship Fund.
The investment portfolio below is designed to generate a continued income flow with moderate fluctuations in value, thus providing the PSBGM Cultural Heritage Foundation with the means to provide scholarships in perpetuity.
Portfolio Holdings
| Bank Holdings | 1.7% |
|---|---|
| GICs | 13.1% |
| Investment Grade Bonds | 19.7% |
| Preferred Shares | 13.1% |
| Principal Protected Notes | 26.2% |
| Common Shares | 26.2% |