Company delivers solid returns on behalf of funds under management

UBC Investment Management is pleased to release FY22-23 performance highlights on behalf of the funds the firm manages: the UBC Main Endowment Pool and the UBC Staff Pension Plan (SPP). All results as of March 31, 2023.

• Total Assets Under Management grew from $5.6B in 2022 to $5.8B in 2023
• One-year return for the Main Endowment Pool was 4.71% with one-year value add of 4.99%
• One-year return for the SPP was 0.92% with one-year value add of 6.38%
• Ten-year annualized return for the Main Endowment Pool was 8.17% and 6.85% for the SPP

Financial markets were highly uncertain over the past year as central banks acted to address inflation through interest rate increases not seen in decades. UBC Investment Management is pleased with the funds’ performance in this environment, guided by the portfolio construction and investment framework the firm has put in place.

“I’m proud of the effort our team has put into evolving our investment programs in recent years,” says UBC Investment Management CEO Dawn Jia. “To see our performance in a challenging investment environment is a testament to the quality of the work we strive to achieve on behalf of the funds we manage.”2023 Investment Summary FINAL

UBC Investment Management will release its full 2022-23 Annual Report in September 2023.