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HomeWealth ManagementCanadian plans post strong returns in 7th straight positive quarter

Canadian plans post strong returns in 7th straight positive quarter


“Despite ongoing challenges from the Omicron variant, global inflationary concerns, and the expected tightening of monetary policy, Canadian plan sponsors posted strong returns across all traditional asset classes this quarter,” said David Cohen, Director, Manager of GRS Consulting with BNY Mellon Global Risk Solutions. “The BNY Mellon Canadian Master Trust Universe median return was positive, led by Canadian and U.S. Equities for this quarter and all of 2021.”

The BNY Mellon Canadian Master Trust Universe is based on $309.1 billion worth of investment assets in Canadian investment plans, with the average plan size of $3.7 billion. 

Top performers

The data shows that among traditional asset classes, the US Equity Universe was the top performer with a median return of 7.35%. Conversely, the median return for international equity was just 1.95%.

Among non-traditional asset classes, real estate was the outperformer with a median return of 4.31% in Q4, 2021 and private equity posted 3.25%, while hedge funds were flat at 0.03%.

The Fixed Income median return was 2.33% in the fourth quarter of 2021. Fixed Income outperformed relative to the FTSE Canada Universe Bond Index for the fourth quarter, which returned 1.67%.

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