PAST PERFORMANCE & FUND MANAGEMENT

PAST PERFORMANCE & FUND MANAGEMENT

Below is a thorough overview of Past Performance of your investment options, as well as more about the proven, professional investment management firms entrusted with delivering wealth for your future.

RATE OF RETURN ON INVESTMENTS

Our average rate of return in the balanced fund since inception is 8%*. All monthly earnings are allocated to SPP member accounts, minus operating expenses, which our Board of Trustees is committed to keeping as low as possible. From 1992 to 2018, the average expense was 1% of assets or less.

Pension contributions are pooled for investment in the Balanced Fund (BF) or Diversified Income Fund (DIF). BF funds are invested in a balanced portfolio of bonds, equities, real estate, infrastructure and short-term investments to maximize earnings while minimizing risk. DIF funds are invested in a diversified portfolio of short-term Canadian debt securities, bonds and mortgages.

*Past performance does not guarantee future results.

CONTRIBUTION FUND RETURNS BY MONTH

The monthly returns for 2020 are shown below. Rate of return updated Wednesday, March 11, 2020.

MonthBF%DIF%
Jan-200.840.87
Feb-20-3.560.34
Mar- 20
Apr- 20
May- 20
Jun- 20
Jul- 20
Aug- 20
Sep-20
Oct-20
Nov-20
Dec-20
YTD-2.751.21

INVESTMENT FUND RETURN HISTORY

Returns of balanced and short-term funds at December 31, 2019.

Time frameBF%STF%
201913.991.81
5 year6.751.00
10 year7.480.76
34 year**8.00N/A

** Return since the inception of SPP.


PRIOR TO 2010, SPP ALLOCATED RETURNS TO MEMBERS’ ACCOUNTS ANNUALLY. THE HISTORY FOR THE LAST 10 YEARS IS SHOWN BELOW.

Our full return history can be found here.

  Balanced fund Short-term fund*
Year Earnings% MER% Earnings% MER%
2019 13.99 0.90 1.81 0.12
2018 -2.05 0.89 1.48 0.12
2017 9.70 0.83 0.75 0.12
2016 6.53 0.87 0.52 0.13
2015 6.25 0.96 0.45 0.35
2014 9.10 0.95 0.64 0.40
2013 15.77 1.00 0.67 0.41
2012 8.45 1.07 0.52 0.51
2011 -1.01 1.14 0.57 0.48
2010 9.42 1.04 0.19 0.21
Legend
BF Balanced fund
DIF/STF Diversified Income Fund formally Short-term fund*
N/A Not Available
YTD Year to Date
MER Management Expense Ratio
TBA To be announced

*The Short-Term Fund was created in 2010. The name was changed to Diversified Income Fund effective January 1, 2020.

INVESTMENT FUND MANAGEMENT

SPP partners with professional investment fund management firms TD Asset Management and Leith Wheeler Investment Counsel Ltd. Day-to-day responsibility for investment management rests with these companies. A quarterly report on compliance with the investment policy must be completed by the investment managers.

TD Asset Management

Leith Wheeler Investment Counsel Ltd

RELATED RESOURCES

If you have questions or would like assistance, please contact SPP:

Toll-Free: 1-800-667-7153

Email: info@saskpension.com

To learn more about investment policies, and pooled fund management please download the supplementary resources:

Contribution Fund Investment PolicyAnnuity Fund Investment PolicyPooled Funds OverviewBF Fund FactsSTF Fund Facts