Archives

Returns on funds in 2005

Summary of the returns generated in 2005 by public sector pension plan funds administered by the Caisse de dépôt et placement du Québec

1. The Government and Public Employees Retirement Plan (RREGOP) Fund;
2. The Pension Plan of Management Personnel (PPMP) Fund;
3. The Pension Plan of Elected Municipal Officers (PPEMO) Fund;
4. The Special Plans Fund.

The RREGOP Fund

The RREGOP Fund is the fund of the Government and Public Employees Retirement Plan. The fund is managed by the Caisse de dépôt et placement du Québec, under the supervision of the RREGOP pension committee.

On the basis of the market value, the RREGOP fund's assets rose from $34,3 billion as at December 31, 2004 to $38.9 billion as at December 31, 2005.

In order to meet the return goals and risk limits specified in the fund's investment policy, the RREGOP's assets are distributed between eleven different categories such as bonds, Canadian and international equity, private equity and real estate.

In 2005, the annual rate of return on the RREGOP fund's assets was 13.8%. That result is due mainly to the excellent return of the "Real Estate" category (38.6%), the very good return of the "Private equity" (29.8%) and "Canadian equity" (21%) categories, as well as the good performance of bonds (6.5%).

The table below shows the annual rate of return generated by the RREGOP fund's assets in 2005 and the average rate of return obtained from 2002 to 2005 and from 1996 to 2005:

The PPMP Fund

The PPMP Fund is the fund of the Pension Plan of Management Personnel. The fund is managed by the Caisse de dépôt et placement du Québec, under the supervision of the PPMP pension committee.

On the basis of the market value, the PPMP fund's assets rose from $5.5 billion as at December 31, 2004 to $6.4 billion as at December 31, 2005.

In order to meet the return goals and risk limits specified in the fund's investment policy, the PPMP's assets are distributed between twelve different categories such as bonds, Canadian and international equity, private equity and real estate.

In 2005, the annual rate of return on the PPMP fund's assets was 14.4%. That result is due mainly to the excellent return of the "Real Estate" category (38.6%), the very good return the "Private equity" (29.8%) and "Canadian equity" (21%) categories, as well as the good performance of bonds (6.5%).

The table below shows the annual rate of return generated by the PPMP fund's assets in 2005, and the average rate of return obtained from 2002 to 2005 and from 1996 to 2005:

The PPEMO Fund

The PPEMO Fund is the fund of the Pension Plan of Municipal Officers. The fund is managed by the Caisse de dépôt et placement du Québec, under the supervision of the PPEMO pension committee.

On the basis of the market value, the PPEMO fund's assets rose from $125.6 million as at December 31, 2004 to $143.9 million as at December 31, 2005.

In order to meet the return goals and risk limits specified in the fund's investment policy, the PPEMO's assets are distributed between ten different categories such as bonds, Canadian and international equity, private equity and real estate

In 2005, the annual rate of return on the PPEMO fund's assets was 14.7%. That result is due mainly to the excellent return of the "Real Estate" category (38.6%), the very good return of the "Private equity" (29.8%) and "Canadian equity" (21%) categories, as well as the good performance of bonds (6.5%).

The table below shows the annual rate of return generated by the PPEMO fund's assets in 2005 and the average rate of return obtained from 2002 to 2005 and from 1996 to 2005:

The Special Plans Fund

The Special Plans Fund is mainly made of the assets of the Pension Plan for Federal Employees Transferred to Employment with the Government of Québec (PPFEQ) and those of the Retirement Plan for Active Members of the Centre Hospitalier Côte-des-Neiges (RPCHCN). The fund is managed by the Caisse de dépôt et placement du Québec, under the supervision of CARRA.

On the basis of the market value, the Special Plans Fund's assets rose from $201.3 million as at December 31, 2004 to $225.6 million as at December 31, 2005.

In order to meet the return goals and risk limits specified in the fund's investment policy, the Special Plans Fund's assets are distributed between eleven different categories such as bonds, Canadian and international equity, private equity and real estate.

In 2005, the annual rate of return on the Special Plans fund's assets was 14.5%. That result is due mainly to the excellent return of the "Real Estate" category (38.6%), the very good return of the "Private equity" (29.8%) and "Canadian equity" (21%) categories, as well as the good performance of bonds (6.5%).

The table below shows the annual rate of return generated by the Special Plans fund's assets in 2005, and the average rate of return obtained from 2002 to 2005 and from 1996 to 2005: