Results
Mid-Year 2025 Performance Review
Calendar Year Returns (%)
Public equity markets have driven portfolio performance over recent calendar year periods. The modest equity rally in the first half of 2025 led to a fund-level return of 1.74%.
The first half of 2025 return lagged its underlying benchmark by 1.74%. The primary detractor was the Real Estate asset class.
Annualized Returns (%) – as of June 30, 2025
Equity markets have been generally strong following the global financial crisis. As a result, long-term portfolio performance, 7.28% over the recent 10-year period, has been very healthy.
Long-term investment performance has exceeded expectations, and the Plan remains fully funded while maintaining a stable level of contribution rates.