INVESTING FOR YOUR FUTURE:
CONTRIBUTION FUNDS
SPP does not imply a preference towards either fund and the information should not be interpreted as investment advice. You may wish to seek the guidance of a financial professional for assistance in making your decisions.
Two different options to build that future nest egg for your retirement years – Both the Balanced Fund and Diversified Income Fund share the same tax deferral benefits of a RRSP plus offer additional advantages when it’s time to collect. The funds are locked in until age 55 so they will be there until you need them at retirement. The VB option is available to all SPP members, no matter which province you live in.
- Personal tax deduction available.
- Spousal contribution tax deduction available.
- Contributions and earnings are sheltered from tax until collected as income.
- Funds are locked in until age 55.
- SPP annuity income is eligible starting at age 55 for the pension income credit and for pension income splitting.
- SPP variable benefit is eligible starting at age 65 for the pension income credit and for pension income splitting.
BALANCED FUND (BF)
Consistently grow your investment with low to medium risk. This is the default fund when joining SPP.
FUND OBJECTIVE
To deliver capital accumulation in a prudent and risk-controlled manner through a diversified portfolio of equities, real estate, infrastructure, bonds and mortgages.
Download the PDF with all the information you need about SPP’s Balanced Fund Facts.
BF Fund FactsDiversified Income Fund (DIF)
The DIF reduces risk by investing in diversified sources of income, allowing members, to reduce their equity exposure.
FUND OBJECTIVE
To provide a low risk option that offers income from diversified sources.
Download the PDF with all the information you need about SPP’s Diversified Income Fund Facts.
DIF Fund Facts
FUTURE PLANNING BEGINS WITH PAST PERFORMANCE
Both SPP Funds are managed by a group of experts with excellent track records. While the past return rate of any investment doesn’t guarantee future performance, it does give a sense of what you might expect from any given option.
The average rate of return in the balanced fund since inception is 7.8%*. And from 1992 to 2024, the average management expense ratio (MER) was just 1% of assets or less.
Find a complete view of past return rates and related fund management information, view the historical Fund Performance & Management >
*Past performance does not guarantee future results.
NOT SURE WHICH FUND IS RIGHT FOR YOU?
Members have the option to invest in one fund or a combination of the Balanced and Diversified Income funds.
Each investment option has a different risk/return profile.
Compare Your Fund Options
Investment Choice GuideBF Fund FactsDIF Fund FactsBF Pooled Funds OverviewDIF Pooled Funds Overview
REWARDING YOURSELF:
Collecting Pension Payments
There are a number of options for those who have reached the age of 55 and can collect their SPP pension. These include an SPP Annuity Fund, which allows you to pay yourself while still investing.
Learn MoreFrequently Asked Questions
Are there Fund Facts available?
Yes, we have Fund Facts for Balanced Fund (BF) and Diversified Income Fund (DIF). Fund Facts are easy-to-read documents designed to help you better understand the basic features of our funds and compare their differences.
Diversified Income Fund (DIF) Facts
Check out this quick video about SPP portfolio and Fund Fact.
What is the Plan’s rate of return?
The Saskatchewan Pension Plan’s average return to members since inception (1986) for the Balanced Fund (BF) is 7.8%. The five-year average is 6.75% and the ten-year average is 6.75%. Past returns do not guarantee future results – View all Fund & Performance Info.
Who will invest my money?
SPP has independent, professional money managers. The funds are invested in a diversified portfolio of high-quality investments to ensure a competitive rate of return. Your investments are monitored regularly.
Leith Wheeler Investment Counsel Inc., TD Asset Management, Fengate Capital Management Ltd. and Ninepoint Partners LP are the Plan’s investment managers.
View all questions