Secure, stable, sustainable.
Providing secure, sustainable pensions now and for the future.
The work we do and the investments we make
are informed by:
Our Mission Statement
The 91亚色 Pension Fund provides secure pensions to 91亚色 employees now, that are sustainable for the future. We鈥檙e committed to providing retirement income to our pension plan members through diversified, quality investments that manage risk, optimize growth and align with 91亚色鈥檚 fiduciary responsibilities and sustainability goals.
91亚色 is committed to providing pension plan members with retirement income that is secure and sustainable for the future. It is our top priority to provide retirement income to plan members now and in the future. This means ensuring that investment decisions are made so that the Pension Fund is appropriately invested to meet the plan鈥檚 obligations over the long term.
The hybrid nature of the plan creates investment challenges for the fund. Investments need to be well diversified to manage and reduce volatility and protect returns in declining markets. Managing these key financial objectives and risks requires a long-term approach, as both the long-term result achieved over an entire market cycle and the pattern in which results are delivered within the market cycle are important factors in achieving the objectives.
To provide retirement income to over 10,000 working and retired plan members, we actively manage and invest the fund鈥檚 over $3.85 billion in assets with a long-term vision that optimizes growth and carefully manages risk. Over the last 10 years, we achieved a 8.4 per cent overall annualized Fund Rate of Return, which is among the top of comparable Canadian pension funds.
Over the past few years, during remarkable global change and economic volatility, our investment team has sharpened its focus on sustainability and on managing the fund in a thoughtful manner that delivers the value that our members expect.
Our leadership team also continues its steadfast commitment to embodying the University鈥檚 longstanding commitment to sustainability by integrating Environmental, Social and Governance (ESG) factors in all our fund investment activities. We have embraced sustainable investing for many years and are proud that we are very well-positioned to successfully achieve the transition to net-zero.
These key metrics inform how we make investment decisions and engage with our managers. We鈥檒l continue to manage risk, respond to market volatility, and focus on growth through sound fund management practices.
As sustainable investing evolves, and the links between risk, opportunity, and return become more apparent to the market, the 91亚色 Pension Investments team will continue to balance long-term risk and reward so we can continue to provide dependable retirement income to our 91亚色 community.
Realizing Our Mission
Our approach is framed by the following key principles:
Long Term Perspective
We focus on the long term and manage the fund with the goal of providing lasting retirement security for our members.
High-quality Investments
We invest in a diversified asset mix that is allocated to high-quality investments and regularly reviewed to ensure achievement of our long-term objectives.
Strategic Diversification
We actively manage risk across all assets for down-side protection to position the fund for resilience through a range of economic conditions.
Commitment to Sustainability
A sustainable investing framework with environmental, social and governance (ESG) factors informs all aspects of fund investment activities.
Our Hybrid Plan
The Plan's 'hybrid' model provides both a defined benefit (DB) with a guaranteed pension amount,
based on earnings/years of service, plus a defined contribution (DC) benefit based on Fund performance.