The return indicated on each member statement is a combination of the funds, based on that member’s balance in each, and the respective monthly earnings, less approximately 0.8% to 0.9% for plan expenses. Remember that assets in individual member accounts are allocated between these two funds based on the member’s age, so everyone will experience a slightly different combined return based on the allocation.
The investment returns posted here have been calculated and provided by Mercer. The returns reflect the investment results before netting against management, custodial and administrative fees.
The following tables shows investment results from January 1 to March 31, 2020
| All Funds Combined |
January to March | CPI + 1% | |||
|---|---|---|---|---|
| PH&N Core Plus Bond Fund | ||||
| Mortgage Pension Trust Fund | ||||
| High Yield Mortgage | ||||
| Total Fixed Income Fund |
January to March | CPI + 5% | |||
|---|---|---|---|---|
| PH&N Canadian Equity | ||||
| RBC Global Equity Focus | ||||
| Baillie Gifford Equity | ||||
| Total Growth Fund |
The following tables show the rolling four-year results ending December 31, 2019.
CPI + 1% | ||||
|---|---|---|---|---|
| PH&N Core Plus Bonds | ||||
| Mortgage Pension Trust | ||||
| High Yield Mortgage Fund | ||||
| Total Fixed Income Fund |
CPI + 5% | ||||
|---|---|---|---|---|
| PH&N Canadian Equity Value | ||||
| RBC Global Focus | ||||
| Ballie Gifford Global Equity | ||||
| Total Growth Fund |
Note: The various investments in the Growth fund have not been held for the entire four-year period. The results shown are the historical for those funds, but not the ELCIC Pension Plan. However, the total Growth Fund result indicates the actual results for the ELCIC Pension Plan.
The benchmark is based on a model portfolio intended to achieve the investment objective with the appropriate risk and is used to measure the performance of the investment managaers.
This survey tabulates the results of all eligible investment managers.
