Portfolios
The ELCIC Pension Plan has two investment funds. Please refer to the Statement of Investment Policies & Procedures page on our website for detailed investment portfolio construction.
The ELCIC Pension Plan has two investment funds. Please refer to the Statement of Investment Policies & Procedures page on our website for detailed investment portfolio construction.
Holding | Country | Sector |
---|---|---|
Government of Canada 3.00% 1.Nov.24 | Canada | Federal |
Government of Canada 2.750% 1.Sep.27 | Canada | Federal |
United States Treasury Note/Bond 3.00% 15.Aig.52 | USA | Federal |
Canada Housing Trust No. 1 1.550% 15.Dec.26 | Canada | Federal |
Province of Quebec 3.25% 1.Sep.32 | Canada | Provincial |
Province of Ontario 1.350% 2.Dec.30 | Canada | Provincial |
Canadian Government Bond 0.50% 1.Dec.30 | Canada | Federal |
Province of Ontario 5.600% 2.Jun.35 | Canada | Provincial |
Canadian Government Bond 2.500% 1.Dec.32 | Canada | Federal |
Province of Quebec 3.1% 1.Dec.51 | Canada | Provincial |
The Fixed Income Fund investments are managed by Phillips Hagar & North (PH&N).
On December 31, 2022 the investments included the following:
Investment | $ |
Money market | 442,997 |
High Yield Mortgage | 3,417,283 |
Mortgage Pension Trust | 8,795,794 |
Core Plus Bond Fund | 25,382,286 |
Total Fixed Income Fund | 38,038,660 |
The Growth Fund Investments are managed by one Canadian equity managers, and two global equity managers.
On December 31, 2022 the holdings for each manager are as follows:
Investment |
$ |
PH&N Canadian Equity Value Fund |
18,587,204 |
RBC Global Equity Focus Fund |
13,243,667 |
Ballie Gifford Global Equity |
12,907,465 |
44,738,336 |
Holding | Country | Sector |
---|---|---|
Royal Bank of Canada | Canada | Financials |
Toronto-Dominion Bank | Canada | Financials |
Enbridge Inc. | Canada | Energy |
Canadian Natural Resources Ltd | Canada | Energy |
Brookfield Asset Management Inc., Class A | Canada | Financials |
Canadian Pacific Railway Ltd. | Canada | Industrials |
Canadian National Railway Company | Canada | Industrials |
Bank of Montreal | Canada | Financials |
Suncor Energy Inc. | Canada | Energy |
Bank of Nova Scotia | Canada | Financials |
Holding | Country | Sector |
---|---|---|
United Health Group Incorporated | United States | Health Care |
Microsoft Corp. | United States | Information Technology |
Alphabet Inc., Class A | United States | Telecommunication Services |
Roche Holdings AG Genusscheine | Switzerland | Health Care |
PepsiCo. Inc | United States | Consumer Staples |
T-Mobile US Inc | United States | Telecommunication Services |
Amazon.com Inc | United States | Consumer Discretionary |
Fortive Corp | United States | Industrials |
Equinor ASA - Common Shares - Voting | Norway | Energy |
AutoZone Inc | United States | Consumer Discretionary |
Holding | Country |
---|---|
Elevance Health Inc | United States |
Prosus NV Ordinary Shares - Class N | Netherlands |
Martin Marietta Materials Inc | United States |
Microsoft Corp | United States |
Moody's Corporation | United States |
Reliance Industries Ltd ADR | India |
Service Corp International | United States |
Alphabet Inc. C | United States |
Arthur J. Gallagher & Co. | United States |
BHP Group Ltd | Australia |