Historical information on the performance of assets available to the Canada Pension Plan, and financial statements of the CPP Investment Board, can be found under Quarterly Reports and Annual Reports.
| For the year ended March 31 |
|
|
|
Financial Overview
($ billions) |
YTD 2007* |
2006 |
2005 |
2004 |
CPP Fund** |
103.3 |
98.0 |
81.3 |
70.5 | |
Net contributions |
3.9 |
3.6 |
4.5 |
4.6 | |
Investment income |
1.4 |
13.1 |
6.3 |
10.3 |
|
Investment Returns
(%) |
YTD 2007* |
2006 |
2005 |
2004 |
Annual |
1.3 |
15.5 |
8.5 |
17.6 | |
Five-year average
rate of return |
8.8 |
8.6 |
7.0 |
5.9 |
|
CPP Fund** |
YTD 2007* |
2006 |
2005 |
2004 |
|
($ billions / % of total) |
($) |
(%) |
($) |
(%) |
($) |
(%) |
($) |
(%) | |
Public equities |
60.3 |
58.3 |
57.3 |
58.5 |
45.7 |
56.2 |
30.1 |
42.7 |
Private equities |
5.6 |
5.4 |
4.4 |
4.5 |
2.9 |
3.6 |
1.8 |
2.5 |
Bonds |
25.6 |
24.9 |
27.2 |
27.7 |
28.6 |
35.3 |
30.2 |
42.9 |
|
Cash &
money market securities |
1.8 |
1.7 |
0.6 |
0.6 |
3.1 |
3.7 |
7.7 |
10.9 |
Inflation- sensitive assets |
10.0 |
9.7 |
8.5 |
8.7 |
1.0 |
1.2 |
0.7 |
1.0 |
|
CPP fund
|
103.3 |
100 |
98.0 |
100 |
81.3 |
100 |
70.5 |
100 | |
|
* YTD 2007 = April - September 2006
** Assets are as at the period end date |
Financial Highlights:
2000 :: 2001 :: 2002 :: 2003
Legislation to amend the Canada Pension Plan and the Canada Pension Plan Investment Board Act came into force on April 1, 2004. The amended legislation and an agreement dated as of April 1, 2004, provide for the transfer of a government bond portfolio currently administered by the federal government to the CPP Investment Board in 36 equal installments over a period that began on May 1, 2004. The legislation also provides for the transfer of the Canada Pension Plan cash operating reserve in 12 equal installments over a period that began in September 2004 and ended in August 2005. As at September 30, 2006, $22.1 billion of debt securities and $6.5 billion of cash operating reserve have been transferred to the CPP Investment Board.
The CPP fund holdings summarized below are stated at fair value. The CPP Investment Board holdings are based on the Consolidated Statement of Investment Portfolio, after allocating derivative contracts, associated money market securities and other investment receivables and liabilities to the asset classes to which they relate, contained in the CPP Investment Board's financial statements. These investments have been grouped based on the intent of the investment strategies of the underlying portfolios.
|
As at September 30, 2006
($ millions) |
|
|
|
|
CPP Investment
Board |
Canada
Pension Plan |
Total |
|
Public equities(1) |
$60,280 |
$0 |
$60,280 |
Private equities |
5,569 |
0 |
5,569 |
|
Total equities |
65,849 |
0 |
65,849 |
|
|
Government bonds (2) |
20,975 |
4,719 |
25,694 |
|
Cash & money market securities(3) |
1,762 |
0 |
1,762 |
|
Total Fixed Income |
22,737 |
4,719 |
27,456 |
|
|
Inflation-sensitive assets (1)(2)(4) |
9,993 |
0 |
9,993 |
| |
| |
| Net operating assets / (liabilities) |
($8) |
$0 |
($8) |
|
|
|
CPP Fund |
$98,571 |
$4,719 |
$103,290 | |
(1) Includes derivative receivables and liabilities and associated money market securities.
(2) Includes accrued interest.
(3) Includes amounts receivable / payable from pending trades, dividends receivable and accrued interest.
(4) Net of mortgage debt on real estate properties. |
Financial Highlights
