Asset Allocation


Target Asset Allocation (as at January 1, 2018)

A key step in achieving our investment objectives is to have investable assets properly allocated among the various asset classes. To this end, TRAF annually determines target allocations, as well as acceptable ranges around such targets to accommodate both transitional matters and normal market fluctuations.

Current target allocations are as follows:

2017 Target Asset Allocation

Actual
As at December 31, 2017
Assets


Target (%)


Actual (%)
Cash & Short-Term 2.0 2.1
Universe Bonds 11.0 10.6
Long Bonds 9.0 9.0
Real Estate Debt 9.0 9.1
High Yield Debt 4.0 3.7
Private Debt 1.0 1.7
Canadian Equity 13.0 13.7
US Equity 7.0 6.0
International Equity 12.0 11.0
Global Equity 7.0 7.7
Private Equity 7.0 7.6
Real Estate 15.0 14.6
Infrastructure 3.0 3.2
  100.0 100.0