The pension plan just completed its 2021 fiscal year as of March 31.
The Canada Pension Plan Investment Board (CPPIB) netted a whopping 20.4% gain in its most recent fiscal year, thanks to outperformance in energy and resources, and Canadian public equities. It was the fund’s highest return since its inception.
The Toronto-based pension system ended the 2021 fiscal year with C$497.2 billion (US$413.2 billion) in assets, as of March 31, CPPIB disclosed Thursday. That’s up from $409.6 billion the prior year, in fiscal year 2020, when the pension fund returned just 3.1%.
Additionally, the pension fund boasted an 11% five-year return and a 10.8% 10-year return, on an annualized basis.
Inside the Canada Pension Plan s Record-Breaking Year | Institutional Investor
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