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 benefits of a RRSP plus offer additional advantages when it’s time to collect. These investment options are available to variable benefit (VB) participants.  The VB option is limited to Saskatchewan residents.

  • Personal tax deduction available.
  • Spousal contribution tax deduction available.
  • Contributions and earnings are sheltered from tax until collected as income.
  • 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 54% of investments in equities.

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 $2,033 on December 31, 2018. 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

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.

The Diversified Income Fund did not drop in value from January 1 to March 31, 2020. A $1,000 investment made on January 1, 2020 would be worth $1,000 on March 31, 2020. This works out to an annual compound return of 0.00%.

SHORT-TERM FUND (STF)

The STF was renamed the Diversified Income Fund (DIF) as of January 1, 2020. The DIF will invest in a diversified portfolio of short-term Canadian debt securities, bonds and mortgages.

FUND OBJECTIVE

To provide members with an investment option designed to deliver low risk returns through investing in diversified sources of income.

Download the PDF with all the information you need about SPP’s Short-Term Fund Facts.

STF Fund Facts

The STF was solely invested in high quality, short-term (one year or less) Canadian debt securities and cash.

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.

The Short-Term Fund did not drop in value in any of the past nine years. A $1,000 investment made on March 1, 2010 would be worth $1,059 on December 31, 2018. This works out to an annual compound return of 0.72%.

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 8.0%*. And from 1992 to 2019, 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.

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), Diversified Income Fund (DIF) and Short-Term Fund (STF). 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

Short-Term Fund (STF) 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 8%. The five-year average is 5.82% and the ten-year average is 7.35%. 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. and TD Greystone Asset Management are the Plan investment managers.


View all questions