What ONE Investment does

ONE Investment is a not-for-profit municipal investment management organization established in 1993 and headquartered in Ontario, Canada. Operating as a municipal services board under Ontario's Municipal Act, 2001, the organization serves Ontario municipalities with investment products specifically engineered to comply with provincial regulations governing municipal investors. As of January 2026, ONE Investment oversees approximately $5.65 billion CAD in municipal investments and serves roughly 40% of Ontario's municipalities, making it the only not-for-profit investment manager purpose-built for the Ontario municipal sector.

The organization's core product suite comprises four offerings: the ONE High Interest Savings Account (HISA) for short-term municipal reserves; ONE Legal List portfolios holding Canadian government and corporate bonds compliant with the Municipal Act's Legal List restrictions; the ONE Prudent Investment Program, which enables broader investment scope under the Prudent Investor Standard; and Legacy Funds, an endowment-style perpetual vehicle that allows municipalities to convert one-time asset sale proceeds into long-duration income streams of typically up to 3% annually while preserving principal. Portfolio management is executed through external service providers under the governance of the ONE Joint Investment Board (JIB), with Aird & Berlis LLP serving as Integrity Commissioner. The organization operates a secure investor portal and supports an active education and training program of webinars, workshops, newsletters, and resource content targeted at municipal treasurers and administrators.

Revenue is generated through investment management fees charged to participating municipalities on assets under management across the product suite. ONE Investment reaches its municipal clients through direct engagement, the secure investor website, email newsletters, social channels (LinkedIn, YouTube), and structured educational programming. Pricing is not publicly disclosed; municipalities engage ONE Investment directly for fee structures. The organization's not-for-profit status, regulatory alignment with the Municipal Act, and three decades of operating history form the foundation of its position in the Ontario municipal investment market.

Name

ONE Investment

Legal name

ONE Investment

Website

https://oneinvestment.ca

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

ONE Investment is a not-for-profit municipal investment manager, established in 1993 under Ontario's Municipal Act, serving roughly 40% of Ontario municipalities with $5.65B CAD in managed investments across HISA, Legal List, and Prudent Investment Program products.

Ownership category

akta.pro rank

Product category

Municipal Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns) (FSAAAJAJ)

akta.pro secondary industries

Multi-Sector / Total Return Fixed Income (FSAAAHAJ), Target-Risk / Risk-Profile Model Portfolios (FSAAAJAD)

Keywords

• Municipal investment management
• Public sector investments
• Portfolio management services
• Reserves management
• Investment advisory services

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Management Services: ONE Investment generates revenue through investment management fees charged to participating Ontario municipalities for managing their investment portfolios through Legal List and Prudent Investment Program products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

ONE Investment is a not-for-profit municipal investment manager that provides Ontario municipalities with regulated investment products for their reserves and surplus funds. The firm offers Legal List portfolios compliant with Ontario's Municipal Act, a Prudent Investment Program under the Prudent Investor Standard, a High Interest Savings Account for short-term reserves, and Legacy Funds (perpetual endowments) derived from one-time asset sale windfalls.

Product overview

ONE Investment offers a unified platform of investment products designed specifically for Ontario municipalities. The core offerings include the ONE High Interest Savings Account for short-term reserves, the ONE Legal List product line for Municipal Act-compliant investments in Canadian government and corporate bonds, and the ONE Prudent Investment Program operating under the Prudent Investor Standard for broader investment flexibility. Additionally, Legacy Funds enable municipalities to create endowment-style perpetual funds from asset sale proceeds. All products are designed to comply with Ontario's regulatory framework for municipal investors.

Differentiator

Problem solved

Functional benefit

Brands

• ONE High Interest Savings Account: Ideal vehicle for short-term municipal reserves
• ONE Legal List
• ONE Prudent Investment Program

Products and services

• ONE High Interest Savings Account (HISA)

Quantifiable outcome

• Municipalities can typically withdraw up to 3% per year from Legacy Funds while preserving principal
• +1 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ONE Joint Investment Board (JIB)coreOthersONE JIB is the governance board for ONE Investment, operating as a municipal services board under the Municipal Act, 2001. The JIB has appointed an Integrity Commissioner (Aird & Berlis LLP) and oversees investment program governance.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Mawer Investment Management: Canadian independent investment manager serving institutional and wealth channels with pooled balanced and fixed-income funds. Comparable as a Canadian institutional investment manager competing for the same municipal/institutional mandates, particularly in the Prudent Investment Program space.
• Addenda Capital: Canadian not-for-profit institutional investment manager offering pooled funds to pension, endowment, and foundation clients. Highly comparable to ONE Investment in both not-for-profit/cooperative governance structure and in serving institutional clients with multi-asset pooled products.

Broad incumbents

• TD Asset Management: Canadian institutional investment manager providing pooled funds and discretionary mandates to corporate, government, and pension clients. Comparable as a major Canadian institutional manager whose product set overlaps with ONE Investment's municipal offerings.
• BMO Global Asset Management: One of Canada's largest institutional asset managers with pooled funds spanning fixed income, equities, and multi-asset solutions. Comparable as an institutional investment provider that competes for Ontario municipal mandates under both Legal List and prudent-investor frameworks.
• RBC Global Asset Management: Canadian institutional asset manager with broad pooled fund offerings for pensions, endowments, and government clients. Comparable as a large incumbent offering competing institutional products across fixed income and multi-asset that overlap with ONE Investment's product set.
• OMERS: Ontario Municipal Employees Retirement System is the largest Ontario municipal institutional investor and operates in-house portfolio management across all major asset classes. Comparable as an Ontario-headquartered, municipal-affiliated institutional investment manager, though at far greater scale and with a pension-only mandate.
• CIBC Mellon: Canadian institutional asset management and custody joint venture serving pension, endowment, and corporate institutional clients. Comparable as a major provider of institutional investment solutions that competes for the same Ontario municipal mandates.
• Healthcare of Ontario Pension Plan (HOOPP): Ontario-defined-benefit pension plan with a large in-house investment management operation serving institutional members. Comparable as a major Ontario-headquartered institutional investment manager, though focused exclusively on healthcare-sector pension obligations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC12kVXRsGUAA7FNqDQDcLLA
• LinkedInlinkedin.com/company/one-investment-amo/?viewAsMember=true

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ONE Investment