“The investment world since then has changed dramatically due to COVID-19, which is having an impact on all of our activities. We are highly focused on the wellbeing of our members and employees, and our team has demonstrated remarkable agility as we adapt the way we work while maintaining our high levels of service.”
As of January 1, 2020, the plan was fully funded using prudent assumptions for a seventh consecutive year, with 100% inflation protection being provided on all pensions.
As at December 31, 2019, Ontario Teachers’ has had an annualized total-fund net return of 9.7% since inception. The five- and ten-year net returns, also as at December 31, 2019, were 7.8% and 9.8%, respectively.
“Each of our asset classes achieved positive returns during the year, showing the value of a well-constructed and diversified portfolio. We had particularly strong returns in equities and fixed income,” said Ziad Hindo, Chief Investment Officer.
“This year was a transformational year, with a number of significant transactions conducted globally, the launch of Teachers’ Innovation Platform to invest in disruptive technology, and the creation of Koru, an incubator that partners with our portfolio companies to design and build new digital businesses.”
