The Trust Fund

The "target" of any target benefit pension plan is to meet its "pension obligation." In other words, paying the lifetime pension earned by members. Meeting that obligation, requires sound financial management.

Currently, the CWIPP Trust Fund holds more than $270 million in assets – all of it carefully invested by professional money managers. CWIPP currently uses four different money managers: Greystone Managed Investments Inc., Fiera Capital Corp., QV Investors Inc. and Walter Scott Global Investment Management.

In fulfilling their duties, these money managers must follow the investment restrictions and performance standards set out by CWIPP's Board of Trustees in its Statement of Investment Policies & Procedures.

Investment managers are monitored by the Board of Trustees on an ongoing basis. Comparative market indices are used to evaluate performance.

Following are financial highlights for the CWIPP Trust Fund.