Yukon Workers' Compensation Health and Safety Board

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Policies

Policy FA-04 - Compensation Fund Investment Policy

Effective Dates

January 1, 2009 and still in effect

Series

Finance and Administration

Purpose

The Compensation Fund Investment Policy (Policy) applies to the assets held in trust with respect to the liabilities of the Workers’ Compensation Act (the "Act"). The purpose of the Policy is to formalize the investment principles and guidelines which are appropriate to the needs and objectives of the Compensation Fund (Fund). The Policy establishes risk and return parameters, governance structure and monitoring procedures. Any Investment Manager or other agent or advisor providing services in connection with the investments of the Fund shall accept and adhere to the Policy. This Policy may be changed or modified at any time by the action of the Workers’ Compensation Health & Safety Board (YWCHSB). This would result in a recommendation to Cabinet pursuant to Section 95 of the Act. Any such change shall be promptly communicated to the Investment Manager(s) appointed by the Board of Directors.