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 2022, 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, mortgages, equities, real estate, private debt, 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 2023 are shown below. Rate of return updated Wednesday, November 15, 2023.
INVESTMENT FUND RETURN HISTORY
Returns of balanced, diversified income and short-term funds at December 31, 2022.
STF% (2010 – 2019)
Return since the inception
** 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.
*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 Global Investment Solutions, Leith Wheeler Investment Counsel Ltd., Fengate Capital Management Ltd. and Ninepoint Partners LP. 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 Global Investment Solutions
Fengate Capital Management Ltd.
Leith Wheeler Investment Counsel Ltd.
Ninepoint Partners LP
If you have questions or would like assistance, please contact SPP: