CPPIB reports net return of 9.3% in the last fiscal year, raising net asset level to $714.4 b
June 26, 2025
The Canada Pension Plan Investment Board (“CPPIB”) reported a net return of 9.3% in its last fiscal year (ending March 31, 2025), raising the fund’s net assets to $714.4 billion.
Over its fiscal year, the fund — which includes assets related to the base Canada Pension Plan (“CPP”) and additional CPP accounts — recorded an increase of $82.1 billion in net assets.
In a statement accompanying the results, CPPIB President and CEO John Graham noted that the fund’s financial performance over the fiscal year was strong, defying market headwinds in the final quarter.
“Our portfolio — diversified across sectors, themes, asset types and geographic markets — is built for the long term. And while we’re not immune to short-term market shifts, our strategy is designed to remain resilient despite periodic fluctuations,” he added.
Other highlights from the report include:
- On a calendar-year basis, the fund delivered a 14.2% net return over 2024.
- Almost half (47%) of CPPIB’s assets are U.S.-based, while 12% are Canadian. A further 19% of CPPIB’s assets are based in Europe.
- CPPIB’s private equity investments have experienced an annualized net return of 15.7% over the last 5 years.
Click the link below to see the report:
