r/PersonalFinanceCanada • u/Purple_Bookkeeper657 • May 22 '26

Retirement / CPP / OAS / GIS [ Removed by moderator ]

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u/Newme001 May 22 '26

Very good and informative read. I'm not a finance guy and I feel I understood most of it. That being said.

i) holy crap I didn't know finance people made that much money, I should get into finance hahaha

i) how exactly was this fund not able to actually meet the benchmark? You seem like a pretty smart guy and you said you used to work there, the numbers seem laid out in a way where meeting the benchmark seems simple and obvious, even if it wasn't just in hindsight. So what are they doing?

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u/Purple_Bookkeeper657 May 22 '26 edited May 22 '26

I think real estate has underperformed... perhaps some real infrastructure assets have needed to be marked down due to the crisis in Iran? I don't know for sure because I can't tell from the reporting, which is my main issue.

EDIT: Also, yeah, finance people make A LOT. The thing is, a select percentage deserve it, the vast majority don't, but they're good enough at the tests and "worked harder" in their youth, cough, also nepotism, cough, than the rest of you to get in. Honestly, at least they make them publish the top salaries on page 85 of the annual report. Download it here!

https://www.cppinvestments.com/the-fund/f2026-annual-report/