Independent Order of Foresters
The Independent Order of Foresters (Foresters Financial) is an international fraternal benefit society headquartered in Toronto, Ontario, Canada, with operations across Canada, the US, and the UK. Founded in 1874, Foresters provides life insurance and financial solutions to 2.6 million clients and families. The organization is a leading provider of life, annuity, and savings products, with a rich history of community engagement and charitable partnerships. As of 2024, it is led by President and CEO Matt Berman and employs approximately 1,100 people.
Investment Strategy
Foresters Financial focuses on providing life insurance, annuity, and savings products through a diversified geographic reach in Canada, the US, and the UK. The company operates through career agents and places strong emphasis on sustainable business practices, risk diversification, and stable returns for its policyholders. As a fraternal organization, Foresters also prioritizes community support and member well-being over profit maximization, offering additional member benefits and engaging in extensive charitable activities.
Top Holdings
Equity Positions (2)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I ITOT | ISHARES CORE S&P TOTAL U.S. ETF | 58.29% | $90.8M | 672,744 | $80.03 | $135.04 | +$8.8M |
V VTI | VANGUARD TOTAL STOCK MKT ETF | 41.71% | $65.0M | 213,865 | $222.26 | $303.93 | +$6.2M |