ATRF's investment portfolio is structured to deliver the returns necessary to fund pension benefits over the long term. It is diversified by asset type, geography and risk profile in order to control the impact of short-term volatility in investment markets to the extent possible.
In the 2015/16 fiscal year, ATRF's investment portfolio returned 6.7%.
The financial markets have been quite strong over the past four years, allowing ATRF's investment portfolio to return 11.8% over this time period.
Over the past 15 years, the funding discount rate of the plans have been reduced to 6% from 8% as forecasts of long-term investment returns have fallen and the Board has reduced the overall funding risk of the plans.