OPTrust, which manages assets of the Ontario Public Service Employees Union Pension Plan, Toronto, on Wednesday said its investments returned 11.7% in 2013, up from 10.1% a year earlier.
The plan's funded status as of Dec. 31 was 101%, vs. 100% 12 months earlier, said spokeswoman Karen Danylak. Total assets at the end of 2013 were C$16 billion (US$14.6 billion), up 8.8% for the year.
Net investment income for 2013 was C$1.62 billion, and total contributions were C$539 million.
Detailed information about OPTrust's 2013 investment results and asset allocation will be included in a report to OPSEU members in early May and in OPTrust's annual report to be released later this spring, Ms. Danylak said.
OPTrust's asset allocation as of Dec. 31, 2012, was 20.3% non-Canadian equities, 18.1% fixed income, 14.6% real estate, 12.6% infrastructure, 12.1% Canadian equities, 8% real return, 5.1% each commodities and cash, and 4.1% private equity.