Investments
Automatic professional low-fee investing.
Smarter investing for a better retirement.
The ICPP’s low-fee, cooperative investment approach is designed to optimize returns for all of our members.
Our investment philosophy for the ICPP is very simple: there is an optimal approach for all members which yields better-expected returns and lower expenses. Contributions made to the ICPP are invested professionally with appropriately designed strategies for the plan’s various Benefit Targets. Individual Members do not have to bear the burden of investing well. Instead, collective investment management supports better payouts for all members. Our core investment philosophy is built upon the following ideas and strategies:
-
Canadian investments support Canadian retirements
-
Equities provide the best long-term returns
-
Fixed-income investments provide short-term risk control
-
Diversification promotes long-term investment success
-
Rules-based approaches provide the best outcomes
-
Professional managers provide prudent judgment
-
Low trading volume controls investment expense
Low Fee Retirement Investment Services
The ICPP invests directly in low-cost, passive index funds managed by BlackRock, one of the world’s largest global investment managers with extensive experience managing index-based strategies for pension plans and institutional investors.
Rather than investing through separate pooled funds, member accounts hold diversified index exposures aligned to their stage of retirement. The ICPP uses a target date style asset allocation approach, adjusting the mix of growth and income assets within each member’s account as they move from saving toward retirement. This approach is designed to support long-term growth during a member’s working years and gradually reduce risk as retirement approaches, while keeping investment costs low and diversification high.
For more information on the ICPP’s investment approach and governance framework, please refer to the Statement of Investment Policies and Procedures.
