What is the total value of Best Western's mutual fund investments, in thousands of dollars?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands) | Value | Total | (Level 1) | |
|---|---|---|---|---|
| Mutual funds | $ 75,070 | $ 75,070 | $ 75,070 |
Source: Item 23 — Receipts (FDD pages 108–413)
What This Means (2025 FDD)
According to Best Western's 2025 Franchise Disclosure Document, the company has a total of $75,070,000 invested in mutual funds. This figure is part of a broader investment portfolio that includes mortgage and asset-backed securities, corporate bonds, common shares, U.S. treasury and government agency bonds, and other financial instruments. These investments are valued as of a specific date reflected in the financial statements.
Best Western's investment strategy is overseen by an appointed investment advisory firm, which assigns fund managers to handle the company's investments. This oversight aims to mitigate credit risk and ensure the portfolio is actively managed. The company's approach includes the ability to hold investments until recovery, suggesting a long-term investment perspective.
For a prospective franchisee, this indicates that Best Western manages its finances with a diversified investment approach. The significant investment in mutual funds, along with other securities, reflects the financial stability and sophistication of the organization. Franchisees can take comfort in knowing that Best Western actively manages its assets to ensure long-term financial health.