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BRIEF-Ontario Pension Board Returns 1.8 Per Cent In Challenging 2018 Investment Environment

Published 2019-03-22, 02:02 p/m
Updated 2019-03-22, 02:10 p/m
© Reuters.  BRIEF-Ontario Pension Board Returns 1.8 Per Cent In Challenging 2018 Investment Environment

March 22 (Reuters) - Ontario Pension Board:

* ONTARIO PENSION BOARD RETURNS 1.8 PER CENT IN CHALLENGING 2018 INVESTMENT ENVIRONMENT

* ONTARIO PENSION BOARD - NET INVESTMENT INCOME DURING YEAR AMOUNTED TO $0.4 BILLION AND NET ASSETS GREW TO $26.6 BILLION AT YEAR END.

* ONTARIO PENSION BOARD - ENDED 2018 WITH AN ANNUAL INVESTMENT RETURN OF 1.8 PER CENT, MATCHING ITS BENCHMARK, FOLLOWING RETURN OF 10.8 PER CENT IN 2017

* ONTARIO PENSION BOARD - AT DECEMBER 31, PLAN'S FUNDED STATUS WAS ESTIMATED AT 93 PERCENT, WITH ASSETS AT MARKET (DOWN FROM 97 PER CENT AT END OF 2017)

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