·ï»Ë²ÊƱƽ̨

Investment Managers and Responsible Investment

·ï»Ë²ÊƱƽ̨’s investments are managed by investment managers in pooled funds and limited partnerships.

Many of ·ï»Ë²ÊƱƽ̨’s investment managers have publicly available policies on environmental, social and governance (ESG) factors, and they must report on the topic each year to ·ï»Ë²ÊƱƽ̨’s Investment Oversight Sub-committee.

All of ·ï»Ë²ÊƱƽ̨’s investment managers except one are signatories to the UN PRI (United Nations‐supported Principles for Responsible Investment). The one that is not a signatory invests solely in private mortgages within Canada and the U.S.

The table below links investment managers to their UNPRI signatory profiles.

Summary of Investments (in millions $) as of March 31, 2024

Investment Type

Investment Manager / Fund Name

Pension

Endowments and Other Investments*

Sinking

Total

Canadian Equity

/ Fiera Canadian Equity Fund – Class A

162.6

16.1

7.5

186.2

/ Segregated Fund

74.0

N/A

N/A

74.0

/ Manitou Canadian Equity Fund

N/A

6.4

3.5

9.9

Global Equity

/ NCS Global Fund

167.3

15.8

12.9

196.0

/ BP Global Equity Pooled Fund

165.3

18.8

N/A

184.1

Fixed Income: Cash and Equivalents

Cash

2.7

0.1

N/A

2.8

/ PH&N Canadian Money Market Fund

10.2

3.2

3.4

13.4

Fixed Income: Canadian Bonds

/ PH&N Core Plus Bond Fund

142.3

11.2 3.4

156.9

Fixed Income: Mortgages

/ Addenda Commercial Mortgage Pooled Fund

N/A

10.6

N/A

10.6

/ Romspen Mortgage Investment Fund

84.1

13.9

N/A

98.0

Balanced

/ Canadian Equity Fund / JF Fossil Fuel Free Canadian Equity Fund

N/A

5.7

N/A

5.7

/ Bond Funds / JF Canadian Equity Fund / JF Global Equity Fund

N/A

3.2

N/A

3.2

Alternative Strategies: Real Assets

/ IFM Global Infrastructure (Canada) LP – Class A

113.3 14.0

3.1

130.4

/ CBRE Global Alpha Feeder Fund – Series 3

74.6

10.4

2.0

87.0

All Investment Types

All Funds

996.4

129.4 32.4

1,158.2

*Policies and procedures on endowments and other investments:

In June 2024, ·ï»Ë²ÊƱƽ̨ enhanced its responsible investing practices with the move to disclose, on an annual basis, its investments, where applicable, to the holdings level. Below is a list of investment managers and their investment holdings as of March 31, 2024: