{"id":10000,"date":"2018-05-17T09:39:15","date_gmt":"2018-05-17T13:39:15","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=753a86bc5f7abfcec84f4ac0ba9329ab"},"modified":"2018-05-17T09:39:15","modified_gmt":"2018-05-17T13:39:15","slug":"cpp-fund-posts-11-6-return-thanks-partly-to-last-years-stock-markets-surge","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/05\/17\/cpp-fund-posts-11-6-return-thanks-partly-to-last-years-stock-markets-surge\/","title":{"rendered":"CPP Fund posts 11.6% return thanks partly to last year\u2019s stock markets surge"},"content":{"rendered":"<p>TORONTO &#8212; Canada Pension Plan Investment Board says the main fund it manages for the national retirement system increased its assets by $39.4 billion over the financial year ended March 31, achieving a net annual return of 11.6 per cent.<\/p>\n<p>CPPIB&#8217;s chief executive officer Mark Machin says the main driver of growth over the first nine months of fiscal 2018 came from soaring public equity markets.<\/p>\n<p>The CPP Fund received $36.7 billion in net income from investments, after all CPPIB costs, and $2.7 billion in net contributions from employers and employees covered by the Canada Pension Plan.<\/p>\n<p>At the end of March, the CPP Fund had net assets of $356.1 billion, up from $316.7 billion at the end of fiscal 2017.<\/p>\n<p>The investment portfolio&#8217;s 10-year real rate of return, which is used as a benchmark against assumptions made by Canada&#8217;s chief actuary, was 6.2 per cent while the five-year rate of return was 10.4 per cent.<\/p>\n<p>The chief actuary estimates the CPP Fund can meet its obligations with an average return of 3.9 per cent over 75 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO &mdash; Canada Pension Plan Investment Board says the main fund it manages for the national retirement system increased its assets by $39.4 billion over the financial year ended March 31, achieving a net annual return of 11.6 per cent. CPPIB&rsquo;s chief executive officer Mark Machin says the main driver of growth over the first [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/10000"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=10000"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/10000\/revisions"}],"predecessor-version":[{"id":10001,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/10000\/revisions\/10001"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=10000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=10000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=10000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}