The investment team is responsible for assisting the Board of Trustees in developing an asset mix policy that is suitable for the Plan’s goal of paying lifetime pensions to current and future retired members. The mix takes into consideration the Plan's current and future liabilities, as well as its current funding level and expected investment returns. It provides a solid foundation on which to build our investment strategy, and be diversified and flexible enough to perform in varying economic environments.
Current asset mix
The Plan's asset mix includes Interest Rate and Inflation Sensitive investments, which help hedge the economic sensitivities in the Plan's liabilities, and Return Enhancing investments, which offer the prospect of enhanced returns.
Because pension plans like ours have an investment time horizon that is decades into the future, they can provide stable sources of long-term capital for investments such as infrastructure, real estate and private equity.Julie Cays Chief Investment Officer