Performance: Generating sustainable value

Generating sustainable value

Our approach to investing aims to produce optimal long-term returns for our clients and the millions of people they represent.

We also make a tangible contribution to the growth of Québec’s economy and companies.

2022 Top Fund

CDPQ was named 2022 Fund of the Year by Global SWF, an international reference for sovereign wealth and pension funds

1st out of 59

Ranked first among 59 global pension funds in the sustainable finance rankings by the World Benchmarking Alliance


Highest credit ratings from DBRS, Fitch, Moody’s and S&P

Our net assets

See our portfolio

CAD  401.9 B


Results as at December 31, 2022

Total portfolio returns

Ten years


CDPQ annualized return


Benchmark portfolio

$30.1 B

Value added

Five Years


CDPQ annualized return


Benchmark portfolio

$17.9 B

Value added

One Year


CDPQ return


Benchmark portfolio

$10.4 B

alue added

“The year 2022 provided an environment filled with several challenges, with spiking inflation, historic interest rate hikes by central banks and rising geopolitical tensions. The first half of the year was marked by the worst concurrent correction in the stock and bond markets in 50 years, which posted negative returns from -10% to -30%.

In this unusual context, and with few places for investors to hide, all of our asset classes outpaced their respective indexes.”

Charles Emond, President and Chief Executive Officer

Results by asset class


Performance since inception


Annualized return



A major impact in Québec

See our impact

$78.4 B

CDPQ’s total assets in Québec as at December 31, 2022

$100 B

Our ambition for 2026