Placements
Allocation of assets under management by fund as of December 31, 2023
Investments to Ensure the Payment of Promised Pensions
Our Plan guarantees the payment of accrued pensions, regardless of the financial situation of the Plan or the short-term performance of the Fund. The Retirement Plan must therefore manage the contributions paid by employers and employees to ensure that it will have the necessary funds to pay the promised pensions as participants reach retirement.
To achieve this, the main decision to be made is the allocation of assets across different asset classes (such as Canadian bonds, Canadian equities, and global equities). The goal: to obtain a sufficient return while diversifying our assets so we don’t put all our eggs in one basket.
To reach an acceptable risk-return balance, the committee relies on the Investment Policy, which defines the allocation across different types of funds, the authorized securities, and the limits imposed.
To achieve this, the main decision to be made is the allocation of assets across different asset classes (such as Canadian bonds, Canadian equities, and global equities). The goal: to obtain a sufficient return while diversifying our assets so we don’t put all our eggs in one basket.
To reach an acceptable risk-return balance, the committee relies on the Investment Policy, which defines the allocation across different types of funds, the authorized securities, and the limits imposed.
In addition, several managers are selected—based on how well they complement one another—within each asset class, always with the goal of diversifying our investments as much as possible. The retirement committee closely monitors the managers’ performance and ensures the Plan’s financial health.
In its annual report, and more regularly through the newsletters, the retirement committee presents members with the returns generated by the Plan’s investments.
In its annual report, and more regularly through the newsletters, the retirement committee presents members with the returns generated by the Plan’s investments.
Investments Aligned with the Principles for Responsible Investment (PRI)
In order to remain as faithful as possible to the values of the community sector, the retirement committee selects partners and fund managers who are signatories to the Principles for Responsible Investment (PRI). These principles mean, among other things, that portfolio companies integrate environmental, social, and governance (ESG) criteria into their decision-making.
Each quarter, the various fund managers provide a compliance report. They must also assess their carbon footprint annually, which allows the investment committee to carry out the necessary follow-ups.
Each quarter, the various fund managers provide a compliance report. They must also assess their carbon footprint annually, which allows the investment committee to carry out the necessary follow-ups.
Returns
Added (or subtracted) value of the total fund since the beginning of the Plan, over 10 years, and for the year 2023.
