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.
 

Top 10

One of the world's top 10 pension funds based on the Thinking Ahead Institute's 2023 rankings

1st out of 200

First in the world, alongside three other international investors, in the Global SWF's 2024 GSR Scoreboard

AAA

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

Our net assets

See our portfolio

CAD  452.1 B

 

Results as at June 30, 2024

Total portfolio returns

Ten years

7.1%

CDPQ annualized return

6.3%

Benchmark portfolio

$26.5 B

Value added


Five Years

6.0%

CDPQ annualized return

5.3%

Benchmark portfolio

$13.9 B

Value added


Six-month results

4.2%

CDPQ return

4.6%

Benchmark portfolio

-$2.0 B

Value added

“The first half of the year was characterized by different factors: strong stock market performance that continued to be linked to a historic level of concentration in a handful of tech stocks, the U.S. Federal Reserve’s deferral of many rate cuts that were anticipated at the beginning of the year and modest global economic growth.

During this period, our diversified portfolio performed well overall and our depositors’ plans also remain in excellent financial health.”

Charles Emond, President and Chief Executive Officer

Read the news release

Results by asset class

 

Performance since inception

1965-2023

Annualized return

8.2%

 

A major impact in Québec

See our impact

$88 B

CDPQ’s total assets in Québec as at December 31, 2023

$100 B

Our ambition for 2026

$4.7 B

New investments and commitments in 2023