The SPP Trustees are well aware of the importance that their governance of the Plan’s investment portfolio plays in the future financial wellbeing of all Plan members. They work with a respected pension investment consultant to select tier one investment managers, set clear investment parameters for them, and closely monitor their performance.

Asset Managers

• Connor, Clark & Lunn — Canadian equities
• PH & N Investment Services — fixed income (corporate and government bonds)
• Mawer Investment Management — foreign equities (outside the US)
• TD Asset Management — Canadian real estate and US equities
• Northleaf Capital Partners — private corporate debt.

Diversification

To manage risk and secure the ongoing financial health of the Plan, SPP maintains a well-diversified portfolio.

SPP Investment Returns by calendar year (%)

Gross returns, before management fees