Northern Trust Pension Universe Data: Canadian Pension Plans Generated Muted Returns During Third Quarter 2021
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Thursday, October 28, 2021
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Canadian Pension Plan returns were marginally positive during the third quarter as global equity markets softened following a decline in September, according to the Northern Trust Canada Universe.
Key Points:
- Canadian Pension Plan returns were marginally positive during the third quarter as global equity markets softened following a decline in September, according to the Northern Trust Canada Universe.
- The median Canadian Pension Plan returned 0.6% for the quarter ending September 30, with a year-to-date return of 4.8%.
- The Northern Trust Canada universe tracks the performance of Canadian institutional defined benefit plans that subscribe to performance measurement services as part of Northern Trusts asset service offerings.
- The majority of sectors generated positive returns, with the exception of Industrials and Materials which concluded the quarter in negative territory.