In its annual report Thursday, the fund reported that the fund returned a profit of 11.6 per cent this year, net of costs. The CPP's return of 11.6 per cent, for the past year at least, beat what the Reference Portfolio did, which was 9.8 per cent. Over the last five years, the CPP has managed to return an average of 10.4 per cent per year, inflation adjusted. Over the past decade, it has returned an average of 6.2 per cent per year. On the expenses side of the ledger, CPPIB reported that its costs increased somewhat in the fiscal year.

Source: CBC News May 17, 2018 13:20 UTC