Investment Options

Find the one that fits you

Investment Options

Find the one that fits you

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 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 Facts

The Balanced fund invests in a diversified portfolio of equities, real estate, infrastructure, bonds and mortgages. The target for the fund is to have 40% of investments in equities.

Low Medium High
SPP has rated the volatility of this fund as low to medium. This rating is based on how much the fund’s returns have changed from year to year. The rating can change over time.

The Balanced Fund achieved a positive gain over the past 10 years. A $1,000 investment made 10 years ago would be worth $2,037 on December 31, 2022. This works out to an annual compounded return of 7.4%.

Diversified 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

The fund invests in Canadian short-term investments, bonds and mortgages with an equal target split between the two investment fund types.

Low Medium High
SPP has rated the volatility of this fund as low. This rating is based on how much the fund’s returns have changed from year to year. The rating can change over time.

A $1,000 investment made when the fund commenced on January 1, 2020, would be worth $981 on December 31, 2022. This works out to an annual compound return of -1.0%.

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 7.7%*. And from 1992 to 2023, 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.

Returns at December 31, 2023

Growth at $100 per month (Balanced fund)

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.

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 More

START BUILDING WEALTH FOR YOUR FUTURE RIGHT NOW!

Join SPP Member Requirements

Frequently 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.

Balanced Fund (BF) Facts

Diversified Income Fund (DIF) Facts

Pooled Funds Overview

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 7.7%. The five-year average is 7.4% and the ten-year average is 6.6%. 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 Greystone Asset Management, Fengate Capital Management Ltd. and Ninepoint Partners LP are the Plan’s investment managers.


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