At ATRF we focus on finding the right balance of risk and returns, and to ensuring our investments are a strong fit with our strategic goals.
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.
At the end of 2020-21 fiscal year, ATRF’s investment portfolio had earned annualized rates of return of 9.6% over the trailing four-year period and 10% over the trailing 10-year period.
Below is a chart that indicates our returns for the fund broken down into asset classes and the relative benchmarks for each. The chart below that shows the progression of the fund’s assets since 1992.
|Asset Class||ATRF 1 Year (%)||1 Year Benchmark (%)||ATRF 4 Years (%)||4 Year Benchmark (%)||ATRF 10 Years (%)||10 Year Benchmark (%)|
|Fixed Income (FI)||(2.9)||(3.4)||4.1||3.9||4.1||4.0|
|FI - Universe Bonds||(1.3)||(1.7)||3.9||3.7||3.9||3.7|
|FI - Long-Term Bonds||(5.8)||(6.1)||4.9||4.8||5.0||5.2|
|FI - Money Market||0.2||0.1||1.2||1.0||0.8||0.8|
|Return Enhancing (RI)||30.2||28.2||13.1||13.5||13.5||13.2|
|RI - Global Equity||26.7||25.0||10.5||12.3||12.0||12.8|
|RI - Private Equity||43.0||36.9||22.7||15.2||19.1||15.1|
|Inflation Sensitive (IS)||8.8||8.2||10.6||6.2||10.6||6.0|
|IS - Real Estate||7.3||8.0||8.1||5.8||9.2||5.8|
|IS - Infrastructure||11.0||8.6||16.0||6.9||13.5||6.4|
*Rates of return as at August 31, 2021, and net of costs.