Results
Year-End 2024 Performance Review
Calendar Year Returns (%)
Public equity markets have driven portfolio performance over recent calendar year periods. The impressive equity rally in 2024 led to a very strong fund-level return of 14.84%.
The 2024 return lagged its underlying benchmark by 0.29%. The primary detractor was the Real Estate asset class.
Annualized Returns (%) – as of December 31, 2024
Equity markets have been generally strong following the global financial crisis. As a result, long-term portfolio performance, 7.71% over the recent 10-year period, has been very healthy.
Long-term investment performance has exceeded expectations, positively impacting the Plan’s funded position and level of contribution rates.