The Canada Pension Plan Investment Board (CPP) has reported that its fund returned 0.2%
during its fiscal second quarter this year.
The fund also reported that its net assets grew by $6 billion in the quarter ended September 30.
The growth was due to $1 billion in net income and $5 billion in net transfers, said the pension
plan.
The Canada Pension Plan’s net assets now stand at $529 billion, up from $523 billion at the end
of the previous fiscal first quarter.
The pension plan said that its fund returned 0.2% for the quarter, outperforming leading global
indices that plunged in the three-month period. In the previous fiscal first quarter, the fund
recorded a loss of 4.2%.
For the six-months ended September 30 this year, the fund saw negative net returns of 4%. The
fund’s five-year and 10-year net returns are 9.5% and 10.1% respectively.
