Performance Universe of Pension Managers Pooled Funds – December 2023

According to our fourth quarter 2023 Performance Universe of Pension Managers’ Pooled Funds, diversified pooled fund managers posted a median return of 8.0 per cent before management fees. Since the beginning of the year, the return has been 12.1 per cent.

“The stock and bond markets posted very strong returns during the fourth quarter of 2023. The S&P/TSX Composite Index of Canadian equities returned 8.1 per cent. For the same period, the MSCI World Index posted a return of 8.7 per cent (in Canadian dollars). The S&P 500 equity index increased by 9.3 per cent (in Canadian dollars) and the Emerging Markets Index rose by 5.3 per cent (in Canadian dollars) during the quarter. As for fixed income securities, the Canadian bond market increased by 8.3 per cent in the fourth quarter because of the large drop in bond yields," said Jean Bergeron, a Partner in the TELUS Health Investment Consulting team.

The data from these reports have provided leading portfolio managers key insights for over three decades.

Click here to read the December 2023 report.