Historical Annual Performance and Assets Under Management

The tables below show the calendar year net investment performance and assets under management for each of the three portfolios managed by UTAM (Pension, Endowment, and EFIP) along with the University’s Target Return and the Reference Portfolio Return for each portfolio.

 20162015201420132012201120102009200820072006200520042003
Pension
 Actual Return (1)7.10%7.40%12.70%15.10%9.30%1.20%9.50%5.40%-29.50%6.00%12.10%12.30%11.40%15.70%
 Reference Portfolio Return (2)7.20%3.20%9.70%12.40%8.70%0.80%9.40%7.00%-25.60%5.90%12.80%12.90%10.80%13.70%
 University Target Return (3)  5.50%5.60%5.60%5.20%0.50%6.30%6.30%5.30%5.20%6.40%5.70%6.10%6.10%6.10%
UTAM Value Added:
Actual minus Reference-0.10%4.30%3.00%2.70%0.60%0.40%0.10%-1.60%-3.90%0.10%-0.70%-0.60%0.60%2.00%
Endowment (LTCAP)
 Actual Return (1)7.10%7.70%12.90%15.30%9.20%1.20%9.30%6.20%-29.40%6.10%12.80%11.80%11.20%16.70%
 Reference Portfolio Return (2) 7.20%3.20%9.70%12.40%8.30%0.70%9.40%7.90%-25.60%6.10%12.80%13.20%11.10%15.20%
 University Target Return (3)  5.50%5.60%5.60%5.20%0.50%6.30%6.30%5.30%5.20%6.40%5.70%6.10%6.10%6.10%
UTAM Value Added:
Actual minus Reference-0.10%4.50%3.20%2.90%0.90%0.40%-0.10%-1.70%-3.80%0.00%0.00%-1.40%0.10%1.50%
EFIP
 Actual Return1.60%1.50%2.00%1.60%1.60%2.50%2.20%2.40%1.50%4.10%4.90%3.80%3.70%1.90%
 University Target Return (4)  0.90%1.50%1.50%1.70%1.50%2.40%1.40%1.80%6.30%5.20%4.50%2.70%3.40%3.90%
UTAM Value Added:
Actual minus Target0.70%-0.10%0.50%-0.20%0.10%0.10%0.70%0.50%-4.80%-1.10%0.40%1.20%0.30%-2.00%
(*) All values in the table have been rounded to the nearest 0.10%. UTAM Value Added uses Actual, Reference, and Target Returns before rounding and then rounds to the nearest 0.10%.
(1) Includes returns for Private Markets from January 1, 2007.
(2) The Reference Portfolio was adopted by Endowment in March 2012 and by Pension in May 2012. Benchmark/Policy Portfolio used for prior periods.
(3) CPI + 4%
(4) 365-day Canadian T-bill index plus 50 basis points.

Assets Under Management by Portfolio at December 31 of Each Year (in millions)

Portfolio20162015201420132012201120102009200820072006200520042003
Pension$4,414.10$4,089.10$3,783.70$3,245.90$2,750.90$2,503.60$2,336.00$2,161.20$2,078.60$2,993.60$2,866.20$2,579.60$2,307.10$2,116.50
Endowment (LTCAP)$2,594.40$2,453.20$2,293.20$2,135.30$1,896.40$1,754.30$1,757.40$1,627.50$1,505.80$2,111.10$1,977.30$1,739.30$1,512.80$1,354.70
EFIP$1,807.60$1,522.40$1,352.50$1,252.60$1,158.40$1,005.80$908.60$786.10$818.40$639.50$514.70$477.50$429.70$504.70
Total$8,816.20$8,064.70$7,429.30$6,633.70$5,805.80$5,263.80$5,002.00$4,574.70$4,402.90$5,744.20$5,358.20$4,796.40$4,249.60$3,975.90
(*) Totals may not add due to rounding