Colleges of Applied Arts and Technology Pension Plan, Toronto, returned a net 16% in the year ended Dec. 31, the $C13.5 billion ($9.8 billion) pension plan announced in its annual report released Thursday.
The one-year net return equaled its 16% policy benchmark return. In the three and five years ended Dec. 31, the pension fund returned an annualized net 10.5% and 9.5%, respectively, above the respective benchmarks of 8.8% and 7.6%.
The pension fund returned a net 0.5% in the year ended Dec. 31, 2018.
Individual asset class performance was not available.
As of Dec. 31, the actual allocation was: 38.2% equities; 29.8% fixed income; 8.8% short-term investments; 8.7% private equity; 7.8% infrastructure; 5.7% real estate; and the rest in derivatives.
