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Investors - MAY 24, 2022

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CPP Investments ends fiscal year with 6.8% net return

by Kali Persall

The Canada Pension Plan Investment Board (CPP Investments) achieved a net return of 6.8 percent for the fiscal year ending March 31, concluding with $539 billion of net assets.

This marked a $42 billion increase in net assets from the end of fiscal 2021, in which the pension fund ended with $497 billion. The increase consisted of $34 billion in net income and $8 billion in net transfers from the Canada Pension Plan.

CPP Investments said private equity, infrastructure, real estate and credit investments were the predominant contributors to the fund’s overall performance in fiscal 2022.

“CPP Investments delivered solid returns in fiscal 2022 despite turbulent market conditions in the wake of Russia’s war on Ukraine, supply chain disruptions caused by the pandemic and rising inflation,” said John Graham, president and CEO of CPP Investments. “Our 10-year performance of nearly 11 percent, the same as it stood at the end of the last fiscal year, demonstrate

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