Canadian defined benefit pension plans posted a mild uptick in Q2 2018, returning 2.2 per cent, up from Q1 returns of 0.2 per cent, according to RBC Investor & Treasury Services All Plan Universe.
ADDITIONAL RESULTS
- Strong results in the energy sector propelled Canadian equities to return 6.8 per cent, reversing the Q1 2018 loss of -3.9 per cent
- The TSX Composite Index posted a 6.8 per cent return, compared to a -4.5 per cent loss in Q1 2018
- Global equities, impacted by trade war fears, along with central banks’ drive towards normalization of monetary policy, returned 2.6 per cent, up from Q1 2018 return of 2 per cent
- The MSCI World Index gained 3.8 per cent this quarter, versus 1.6 per cent in Q1 2018, while the Emerging Markets index dropped 6.1 per cent in Q2 2018.
- Escalating tensions with the U.S., the impact of taxing imports and the volatility associated with policy uncertainty placed pressure on fixed income markets, which ended the quarter almost unchanged with a 0.6 per cent return compared to 0.1 per cent in Q1 2018
- The FTSE TMX Universe Canadian bond index also returned a modest 0.5 percent return, up from 0.1 per cent in Q1 2018
HISTORIC PERFORMANCE
Period |
Return (%) |
Period |
Return (%) |
Q2 2018 |
2.2 |
Q1 2016 |
0.0 |
Q1 2018 |
0.2 |
Q4 2015 |
3.1 |
Q4 2017 |
4.4 |
Q3 2015 |
-2.0 |
Q3 2017 |
0.4 |
Q2 2015 |
-1.6 |
Q2 2017 |
1.4 |
Q1 2015 |
6.6 |
Q1 2017 |
2.9 |
Q4 2014 |
2.7 |
Q4 2016 |
0.5 |
Q3 2014 |
1.1 |
Q3 2016 |
4.2 |
Q2 2014 |
3.0 |
Q2 2016 |
2.9 |
Q1 2014 |
4.8 |