51成人福利网

Investment Managers and Responsible Investment

51成人福利网’s investments are managed by investment managers in pooled funds and limited partnerships.

Many of 51成人福利网’s investment managers have publicly available policies on environmental, social and governance (ESG) factors, and they must report on the topic each year to 51成人福利网’s Investment Oversight Sub-committee.

All of 51成人福利网’s investment managers except one are signatories to the UN PRI (United Nations‐supported Principles for Responsible Investment). The one that is not a signatory invests solely in private mortgages within Canada and the U.S.

The table below links investment managers to their UNPRI signatory profiles.

Summary of Investments (in millions $) as of March 31, 2024

Investment Type

Investment Manager / Fund Name

Pension

Endowments and Other Investments*

Sinking

Total

Canadian Equity

/ Fiera Canadian Equity Fund – Class A

162.6

16.1

7.5

186.2

/ Segregated Fund

74.0

N/A

N/A

74.0

/ Manitou Canadian Equity Fund

N/A

6.4

3.5

9.9

Global Equity

/ NCS Global Fund

167.3

15.8

12.9

196.0

/ BP Global Equity Pooled Fund

165.3

18.8

N/A

184.1

Fixed Income: Cash and Equivalents

Cash

2.7

0.1

N/A

2.8

/ PH&N Canadian Money Market Fund

10.2

3.2

3.4

13.4

Fixed Income: Canadian Bonds

/ PH&N Core Plus Bond Fund

142.3

11.2 3.4

156.9

Fixed Income: Mortgages

/ Addenda Commercial Mortgage Pooled Fund

N/A

10.6

N/A

10.6

/ Romspen Mortgage Investment Fund

84.1

13.9

N/A

98.0

Balanced

/ Canadian Equity Fund / JF Fossil Fuel Free Canadian Equity Fund

N/A

5.7

N/A

5.7

/ Bond Funds / JF Canadian Equity Fund / JF Global Equity Fund

N/A

3.2

N/A

3.2

Alternative Strategies: Real Assets

/ IFM Global Infrastructure (Canada) LP – Class A

113.3 14.0

3.1

130.4

/ CBRE Global Alpha Feeder Fund – Series 3

74.6

10.4

2.0

87.0

All Investment Types

All Funds

996.4

129.4 32.4

1,158.2

*Policies and procedures on endowments and other investments:

In June 2024, 51成人福利网 enhanced its responsible investing practices with the move to disclose, on an annual basis, its investments, where applicable, to the holdings level. Below is a list of investment managers and their investment holdings as of March 31, 2024: