Activity Overview 2000 (CDPQ)

Summary

• Total assets under management stood at $125 billion.p.3
• The overall return was 6.2% in 2000, adding $996 million of value over what tracking the benchmark indices would have produced.p.4
• Total assets under management grew from $46 billion to $125 billion in six years.p.5
• The CDP Participations portfolio had a fair value of $15.3 billion, up 27% from $12 billion in 1999.p.18
• The Canadian equities portfolio beat the TSE 300 by 507 basis points.p.9

Key insights

1. The real estate portfolio return of 18.3% beat the AON index by 392 basis points.p.10
2. The mortgage portfolio returned 12.3%, a gain of 210 basis points over its benchmark.p.10
3. Term loans of $1-15 million are now offered to fast-growing SMEs.p.7
4. CDP Participations subsidiaries authorized investments in 325 companies totalling $6.2 billion.p.18
5. The CDP Korea Telecom and Infrastructure Fund was created with $500 million US to invest in telecommunications and infrastructure in South Korea.p.19
6. The Accès Capital network invested about $3.2 million in 16 young companies through loans to sponsored businesses.p.21
7. Of 440 regular employees, 67 hold the chartered financial analyst (CFA) designation.p.25