A Diversified Portfolio
The Caisse de dépôt et placement du Québec is a global investor. As at December 31, 2012, its net assets under management totalled $176.2 billion, which it invests in financial markets around the world, in different types of investments, and in all economic sectors.
Composition of THE Overall Portfolio
Diversification by investment type, geographic area and sector
The Caisse invests:
- By investment type, to earn higher returns while managing risk and protecting capital.
By geographic region, to reduce the concentration in a single economy and benefit from investment opportunities in other markets, particularly emerging markets.
TOTAL ASSETS BY REGION1
(as at December 31 - as a percentage)
2012 20112 Canada 57.4 59.6 United States 20.3 19.8 Eurozone 7.2 6.7 United Kingdom 4.5 3.8 Japan 1.5 1.8 Emerging markets 5.7 5.0 Other 3.4 3.31 Based on the country where the headquarters of the company or of the issuer is located or, for real estate, the geographic location of the property.
2 Certain reclassifications have been made to ensure that the data is consistent with the presentation adopted in 2012.
- By sector, to capitalize on sectors favoured by the current economic context while avoiding concentration in any specific sector in the case of publicly traded shares and private offerings.
Four asset classes and 17 specialized portfolios
The Caisse de dépôt et placement du Québec’s overall portfolio is diversified into four asset classes: Fixed Income, Inflation-Sensitive Investments, Equity and Other Investments. Each of these asset classes has a specific risk-return profile. All together, the asset classes encompass 17 specialized portfolios for the depositors to invest their funds.