How Has The Plan Fared Since the Pandemic?
Around the world investment markets are being challenged with the economic impacts of COVID-19. Investors are doing their best to weather the storm of very low interest rates and high volatility in equity markets.
The STRP Investment Team remains focused on their long-term strategy which involves building allocations to alternative assets. This includes infrastructure, private equity and private credit investments. These alternative asset classes provide a less volatile rate of return than equities while still providing investment income sufficient to help fund the Plan.
As of September 30, 2020, the STRP investment portfolio has delivered a solid return of 8.5% over the last year and 7.4% annualized over the last four years. This is a positive indicator that our portfolio diversification and risk management strategies are effective, and that the Plan remains resilient in the face of economic challenges.