Asset Mix

TPPC’s diversified portfolio is selected to optimize investment returns and mitigate risk and volatility.

Management recommends the asset mix to the TPPC Board. Their recommendations are based on periodic asset liability modelling studies and updates, which form the foundation of the Plan’s investment strategy. Taking place every three to five years, these studies are used to validate TPPC’s financial projections against a variety of diverse economic and demographic scenarios, and to determine if any adjustments to the asset mix are needed to optimize the likelihood of the Plan meeting its funding requirements.

To mitigate risk, the Plan’s investment portfolio is well diversified across asset classes (equities, fixed income, and real assets), investment styles, geographies, and sectors. See below for the Plan’s actual asset mix at the end of each of the past four years, and the Approved Strategic Asset Allocation.