Canada Pension Plan Investment Board (CPP Investments) has reported a C$87.6 billion ($72.5 billion) increase of its net assets as of March 31 and achieved its highest return since inception.
The pension finished the fiscal year with C$497.2 billion ($411.8 billion) in net assets and recorded a 20.4 percent return.
The increase in net assets consisted of C$83.9 billion ($69.5 billion) in net income after all costs and C$3.7 billion ($3.1 billion) in net Canada Pension Plan (CPP) contributions. In the five-year period up to and including fiscal 2021, CPP Investments has contributed C$198.2 billion ($164 billion) in cumulative net income to the fund after CPP Investments costs. Since its inception in 1999, CPP Investments has contributed C$343.7 billion ($284 billion) to the fund on a net basis.
CPP Investments continues to build a portfolio designed to achieve a maximum rate of return without undue risk of loss, taking into account the factors that may affect the
