The fund of the Canada pension Plan ended the first quarter of fiscal 2018, with net assets of 326,5 billion.
Toronto — The case of the Canada pension Plan ended the first quarter of fiscal 2018, with net assets of 326,5 billion, compared to 316,7 billion at the end of the year 2017.
This increase in total assets of $ 9.8 billion for the quarter is attributed to net income of $ 5.7 billion, after deduction of all costs incurred by the Office, and net contributions to the Canada pension Plan (CPP) 4.1 billion.
The portfolio has achieved net returns of nominal 10 and 5 years of 6.9% and 12.1 %, respectively, as well as a gross investment return of 1.9% for the quarter, or 1.8 %, net of all costs.
The shares of public companies accounted for 38.9% of the assets of the fund, either 126,9 billion. The fund also invests in equities, government bonds, investments in credit instruments, real property, infrastructure, etc
In the most recent triennial report published in September 2016, the chief actuary of Canada reaffirmed that, as at 31 December 2015, the CPP remains sustainable at the current contribution rate of 9.9% throughout the period prospective age of 75 years referred to in this actuarial report.
The investment Board the Canada pension plan is a body of professional investment management, which invests for the account of 20 million contributors and beneficiaries, the funds for which the RPC has not needed to pay current benefits.