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The investment program exists to earn returns to meet the plan’s long-term funding requirements. We manage risk carefully and have built the investment expertise to increase the chance of outperforming market benchmarks. Paying close attention to the job of maximizing returns at an appropriate level of risk helps to offset challenges presented by a maturing plan membership and attempts to minimize contribution rate volatility and other plan changes.
Stable contributions can best be achieved by minimizing the difference between asset values and liability costs. The intent is to generate strong enough investment performance so that, together, plan assets and contributions equal the cost of promised benefits over the long term at an affordable contribution rate.
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Determine a level of investment risk acceptable for the plan’s membership profile
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Select the most appropriate asset mix for providing investment income and protecting the fund from undue losses |
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Use active management and innovative thinking to add value above the returns available from passive investing |
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