Fishing Lake 1907 Surrender

Wadena, SK S0A

The Fishing Lake 1907 Surrender Trust has successfully managed a significant financial portfolio for the Fishing Lake First Nation since its inception, with its value growing from approximately $25 million in 2002 to over $45.4 million today, reflecting an annualized return of 6.6%. The Trust not only prioritizes secure investment management but also facilitates substantial community development through distributions amounting to over $28.5 million for land purchases and member support.

Royal Trust Corporation of Canada has played a vital role as the institutional steward of the Trust, ensuring that disbursements occur only in accordance with stringent rules established in the Trust Agreement. This layered oversight has allowed the Trustees to focus on sound investment strategies, resulting in both prominent land acquisitions and significant annual contributions to community development initiatives for the Fishing Lake First Nation.

Generated from the website

Own this business?
See a problem?

You might also like

CanadaSaskatchewanWadenaFishing Lake 1907 Surrender

Partial Data by Infogroup (c) 2024. All rights reserved.