GSU Defense Fund directors meet, receive fund update

The board of directors of GSU’s Defense Fund met by conference call Nov. 30. The meeting included an update on the value of the Fund, which is currently $4,153,000. The assets of the Fund consist of $3,798,000 invested with RBC Dominion Securities and $355,000 on deposit with Affinity Credit Union in Regina.

The board of directors approved a motion to transfer $250,000 from Affinity Credit Union to be invested with RBC.

The next meeting of the board is tentatively scheduled for January 12, 2018 when they intend to review the investment strategy for the Defense Fund.