AIMCo is one of the six largest institutional investment fund managers in Canada. Many other Canadian investment fund managers have a single purpose objective, to invest on behalf of a single client. Alternatively, AIMCo manages funds for a diverse group of Alberta public sector clients. These can be divided into three separate groups: Public Sector Pension Funds, Endowment Funds and Government Mandated Funds.
Public Sector Pension Funds: Similar to other investment fund managers, AIMCo has a significant portfolio of Pension Funds. This portfolio includes, but is not limited to, Alberta public sector employees, university professors and Court of Queen’s Bench judges.
Endowment Funds: AIMCo is the largest endowment fund manager in Canada. The endowment funds include the Alberta Heritage Savings Trust Fund and a number of additional large endowments relating to science and technology, medical research and others.
Government Mandated Funds: Essentially, these are fixed-income funds that are the Government of Alberta’s bank accounts, which, just like a personal bank account, are focused on capital preservation.