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Investment Planning for Condo Boards, May 2022 – Feature Image

The Reserve Fund Mistake That’s Costing Condo Boards Thousands of Dollars

Tuesday, May 3, 2022
5:30PM to 6:30PM

“Scotia Wealth Management presents investment thinking for condo reserve plans in uncertain times.”

In a condominium, your reserve fund is used for major repairs of the capital assets of the corporation. The money deposited into the fund comes from a portion of the money paid by unit owners for either common expenses or by way of special assessments (plus any interest or investments that are legally allowed).

It’s important to understand your reserve fund management.

Join Jessica Rempel, CFA, Wealth Advisor at ScotiaMcLeod, as she explains the in’s and out’s of the current trends of investing and how to build reserve fund strategies for your condominium to contribute to your financial goals. With a strong background in finance and banking, Jessica prides herself on thinking outside the box to find the most fitting solution for every client’s unique situation. Jessica graduated from the University of Manitoba with a Bachelor of Commerce (Honours) in Finance and is a Chartered Financial Analyst (CFA®) charterholder.

Jessica Rempel, CFA
Scotia Wealth Management

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