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Meeting Name: Investment Board Agenda status: Final
Meeting date/time: 10/28/2025 2:00 PM Minutes status: Final  
Meeting location: 7th Floor Boardroom
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Agenda packet: Not available
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
TMP-34836 1  Presentation - AC/RCPRESENTATION CONCERNING THE Q3 2025 INVESTMENT RESULTS - ASSET ALLOCATION, PORTFOLIO PERFORMANCE REVIEW OF THE MARKET OUTLOOK J. Bayley, Portfolio Manager, and T. Rayaisse, Chief Investment Officer, provided a presentation concerning the third quarter (Q3) Prudent Investor Portfolio’s allocation. Mr. Bayley discussed the slides concerning the following topics: Asset Allocation: · The portfolio ending Q3 in-line with its target asset allocation. Investment Performance: · The Investment portfolio delivered its second strongest quarter on record with a return of 3.89%, beating the benchmark by 0.59%; · A comparison of the past four years’ annualized return of the portfolio being 6.41% vs. 4.57% for the benchmark, and an outperformance of 1.84%; · The Equities being the top performer in Q3 with a return of 11.6%, an outperformance of 0.70% led by Canadian equities, which outperformed the U.S. equities by 2.32%; and · The Bonds rebounded after a volatile 1st half, and over Q3, yields declined across the yield curve, and the yield curve steepened. · The outperformance in bonds was en   Action details Not available