Case Study: SickKids Foundation

Reconstructing Your Portfolio to Achieve Superior Returns and Regain Capital

Despite the lingering effects of the global economic recession, SickKids Foundation regained ground with a portfolio generating a 41% return in 2010. By revising their investment strategy, SickKids Foundation enabled exceptional growth towards a record-breaking 2010/2011 fiscal year. Hear their experience on:

• Linking spend policy and risks to the portfolio architecture
• Evaluating investment instruments and asset allocation techniques
• Seeking steady, repeatable performance through "sustainable betas"
• Treating underwater accounts

Raise your investment yield and recover capital through portfolio reconstruction.

Ted Garrard, President & CEO, SickKids Foundation

Case Study: Nuffield Foundation, UK

Building a Framework for Risk-Based Asset Allocation to Increase Financial Stability

Synchronizing risk expectations and high return objectives is critical for weathering uncertain markets. With strategic risk management, the Nuffield Foundation is on a fast recovery path from a 30% investment loss incurred during the crisis. Acquire the key to manage risks without jeopardizing longterm reward.

• Understand your risk appetite and tolerance
• Quantify the real value of permanent endowments
• Avoid the cost of caution: opportunity cost of an overprudent investment strategy
• Select investments to match risk and income objectives

Establish a framework to anticipate and address your fiscal and governance risks.

James Brooke-Turner Finance Director Nuffield Foundation (London, UK)

Mid-Morning Networking Break

Interact with conference speakers and fellow attendees.

Emerging Markets

A Risk-Reward Perspective on Incorporating Emerging Markets into a Well-Diversified Portfolio

When it comes to emerging markets, perception doesn't always match reality. Although the investment outlook for emerging markets largely eclipse developed markets today, many investors still question the risks involved. Hear insights on the renaissance of emerging markets and understand the soundness of incorporating them into well rounded portfolios:

• Leverage exposure to enhance total return and risk diversification
• Evaluate geographically and economically targeted investments
• Navigate compliance and governance challenges

Decipher if emerging markets investments are appropriate for your organization.

Ian Riach, Senior Vice President, Portfolio Manager Director, Balanced Portfolio Management, Franklin Templeton Institutional

Case Study: Hamilton Community Foundation

Achieving Compliance and Due Diligence through Excellence in Governance

Hamilton Community Foundation was established as Ontario's first community foundation in 1954. Core to their success is an integral governance model that focuses on mission. Explore their approach to good governance:

• Define clear roles and duties for your Board, CEO and staff
• Merge finance and investment committees
• Facilitate effective communication between stakeholders
• Align belief statement, investment policy and manager evaluation

Enable continuous improvement in governance and compliance within your organization.

Annette Aquin, VP, Finance and Administration, Hamilton Community Foundation

Sarah Murphy, Chair, Finance and Investment, Hamilton Community Foundation

OUTLOOK 2012: Crisis Creates Opportunity

Sharon Watkins, President & CEO, Sandstone Asset Management Inc.

Networking Luncheon

	Sponsored By:
Join the conference speakers and your peers for a relaxing luncheon.

Tax-Smart Giving:

Meeting the Need for New Tools to Encourage Giving

John Jacobi, President, Terra Fund Management Ltd.

Case Study: Foundation of Greater Montreal

A Disbursement Roadmap to Manage Spending for Long-Term Viability

The Foundation of Greater Montreal is undertaking a new initiative to review its disbursement policy for Spring 2012. Learn what factors and steps are involved in evaluating your disbursement policy. Establish strategies to better meet donor expectations, and carry-out your mission:

• Complement capital allocation with your mission
• Manage disbursement quotas and goals for long-term sustainability
• Adjust payout against the elimination of the 10-year charitable expenditure rule and other regulatory changes

Discover new ways to better manage disbursement mandates for your organization.

Marina Boulos-Winton, President and CEO, Foundation of Greater Montreal

Mid-Afternoon Networking Break

Interact with conference speakers and fellow attendees.

Microfinance Strategies

Exploring Microfinance to Deliver Strong Financial and Social Returns

Microfinance and community loans open a new area of interest for Canadian institutional investors. As an asset class, microfinance investments combine considerable social impact with an attractive risk-return profile. Take away key information on how to:

• Invest in microfinance through debt and private equity
• Obtain attractive financial returns while fostering social progress and economic inclusion
• Build mutually beneficial relationships through long-term investments

Discover how both investors and investees can benefit from microfinance investments.

Chuck Olson Head of Credit, BlueOrchard Finance S.A.

Case Study: Foundation Western

Investment or Mission? Challenging Conventional Thinking for Endowment Management

Securing sufficient investment return to meet obligations is a perennial concern for endowments. Many foundations are pursuing alphas to increase total return, while others reduce spending or suspend disbursements to preserve capital. To what end?

• Do Boards and donors understand the primary threat to endowments?
• Is Tobin's "equity among generations" paradigm still valid?
• Are we trying to solve a product problem with investment solutions?
• How do recent changes to CRA disbursement quota enable innovation?
• What "donor product" strategies might we pursue and why?

Scrutinize the hard questions required to assess your investment framework properly.

Frank Pyka, Executive Director, Foundation Western (University of Western Ontario)

Evening Social Activities

Unwind and mingle with delegates and speakers at our exclusive end-of-day gathering. Bring your business cards.

Opening Comments from the Conference Co-Chair

Bruce Lourie, President, Ivey Foundation

Case Study: McConnell Family Foundation

A Holistic Approach to Social Finance and Impact Investment to Further Your Mandate

As an innovator, the McConnell Foundation proves stewardship is compatible with smart investments. In the 2008 market crash, the foundation's program-related investments outperformed all other assets. Share their
lessons learned in creating an ecosystem to drive social and financial ROI.

• Reform policies and governance structure for impact investments
• Integrate social finance investments as part of responsible risk management
• Analyze the social returns and future implications to the industry

Employ impact investing to improve your triple bottom line.

Stephen Huddart, President and CEO, J.W. McConnell Family Foundation

Case Study: Visiting Nurse Service of New York

Developing a Dynamic Investment Policy Through Active Management to Maximize Earnings

The Visiting Nurse Service of NY(VNSNY) has radically changed its asset mix to allow more flexible investment approaches since 2008. Hear why dynamic portfolio construction continues to strengthen VNSNY's financial performance and risk mitigation. Devise strategies to:

• Balance active and passive management
• Structure flexibility into your investment policy
• Manage trading market risks and manager risks
• Assess how much "illiquidity" is a good thing

Dynamically reallocate investments to enhance your financial performance.

Samuel Heller, SVP & Chief Financial Officer, Visiting Nurse Service of New York

Mid-Morning Networking Break

Interact with conference speakers and fellow attendees.

Managing Risk with a Constant Volatility Framework

Nicolas Papageorgiou, Director, Quantitative Research, Brockhouse Cooper Asset Management

Networking Luncheon

	Sponsored By:
Join the conference speakers and your peers for a relaxing luncheon.

Investing Redefined

Benefits of Exchange Traded Funds for Institutional Investors

ETFs have revolutionized the investment management profession by allowing smaller organizations to access opportunities previously available only to large institutions. Learn how and why ETFs are being used by professional investors to:

• Achieve cost-effective global asset class diversification
• Obtain asset class liquidity where little existed before
• Enhance active investment strategies such as dynamic asset allocation
• Provide better returns with less risk than traditional balanced or complex multi-manager approaches

Recognize the benefits of using ETFs to complement your assets.

Robyn Graham, VP, Institutional Services, HAHN Investment Stewards

Case Study: Ivey Foundation

Shareholder Engagement for Institutional Investors: Effecting Positive Environmental Change

Through shareholder engagement and collaboration, the Ivey Foundation minimizes the collective environmental footprints of the foundation and corporations in which it invests. Hear Ivey Foundation's triumphs and challenges in using investments to contribute to its mission and enhance overall granting effectiveness.

• Identify opportunities to exert influence as an investor
• Dialogue with portfolio companies on potential risks
• Work with your Board to understand the value proposition
• Reinforce implementation of mission-related policies and programs

Devise a straightforward shareholder engagement approach to help achieve your mandate.

Bruce Lourie, President, Ivey Foundation

Mid-Afternoon Networking Break

Interact with conference speakers and fellow attendees.

Regulatory Update

Improve Understanding of Your Legal Obligations as a Foundation and Not For Profit

From federal statutes to provincial acts, legislative reforms remain the driving force behind non-profit governance. This legal discussion will brief you on how the most topical issues can affect your organization. Get up-to-date information on:

• New Canada Not-for-profit Corporations Act and Not-for-Profit Corporations Act 2010 Ontario
• Implications of recent Federal budget proposals for charities
• Increased audit scrutiny of high net worth families and foundations
• Top compliance concerns for registered charities

Ensure compliance by understanding the latest legal issues for your organization.

Elena Hoffstein, Partner, Fasken Martineau

Manager Selection

Best Practices in Selecting and Evaluating Investment Managers

The performance of your investment managers is key to your success. Take away practical advice on effective management and affordably bringing change if expectations are not met.

• Criteria for choosing managers and multi-managers
• What skill sets managers should have beyond investment know-how
• How to use deferred performance charges and other tools for ongoing monitoring
• What warrants a change in management? Best practices for transition

Enhance your success and improve collaboration with investment managers.

Kelly Rodgers, President, Rodgers Investment Consulting