Rest assured that the management of your RESP is entrusted to reputable partners, recognized leaders in their areas of expertise.
In addition to their professional experience, these firms also share our long-term vision and prudent risk management approach. This allows us to preserve your investment and ensure its optimal long-term growth.
The Universitas Foundation of Canada is responsible for promoting scholarship plans. It oversees the execution of its mission and vision and all related activities and operations.
Universitas Management Inc. is the wholly-owned subsidiary and distributor of the Universitas Foundation. Its mandate is to:
Eterna Trust Inc. acts as trustee of the plans; its mandate is to:
The custodian is CIBC Mellon Global Security Services Company. Its mandate is to:
Eckler Ltd. is an independent actuary with the mandate to audit the methods and assumptions used to calculate and determine the contribution schedules, how income and expenses are divided among the beneficiary groups of each plan, and the value per unit of the educational assistance payments (EAPs) issued to beneficiaries.
Universitas is the only provider of registered education savings plans (RESPs) in Canada to offer a certificate issued by an actuary.
Universitas Management Inc. is responsible for assigning seasoned portfolio managers and ensuring they comply with investment policies.
The main investment objectives for the plans are to:
The management mandates are divided among five portfolio managers based on their respective areas of expertise. This team of advisors includes: