Publications

  • Filter by:

Trustee Investment Powers, Final Report 80


If the instrument that creates a trust does not expressly define the trustee’s powers, section 5 of the Trustee Act defines them. Known as the “legal list”, section 5 states which type of investments a trustee may purchase. The list of permitted investments aims to minimize risk. Many Commonwealth jurisdictions are replacing the legal list concept with the prudent investor approach, and a description of this evolution is included in Chapter 2. The prudent investor method encourages […]

AREA OF LAW Wills and Succession
TAGS , , , , , , ,
FORMAT Publications
FILE fr080.pdf

February 29, 2000

Trustee Investments Powers


A person who creates a trust is entitled to give the trustees investment powers that are as broad or as narrow as the trust creator considers appropriate. A trust portfolio consisting only of assets identified in section 5 of the Trustee Act would be described as conservative and over the long term the return on such a portfolio would be significantly lower than the return that an investor could realize by applying ordinary principles of long-term prudent […]

AREA OF LAW Wills and Succession
TAGS , , , , , , , ,
FORMAT Publications
FILE CM7.pdf

September 4, 1999

Trustee Investments Powers


A person who creates a trust is entitled to give the trustees investment powers that are as broad or as narrow as the trust creator considers appropriate. A trust portfolio consisting only of assets identified in section 5 of the Trustee Act would be described as conservative and over the long term the return on such a portfolio would be significantly lower than the return that an investor could realize by applying ordinary principles of […]

TAGS , , , , , , , ,
FORMAT Publications
FILE cm007.pdf

September 1, 1999