Investment holdings
BC's College Pension Plan invests in a mix of asset classes to provide the best balance of potential returns and investment risk.
As of August 31, 2023, investments in the College Pension Plan were valued at almost $6.7 billion.
The College Pension Board of Trustees oversees the investment strategy and overall framework for managing plan assets. The board adopts a strategic asset allocation policy, recognizing that diversifying investments is a key principle in managing risk.
Plan investments are held in a range of asset classes (including bonds, mortgages, equities, real estate, infrastructure and private placements) across industry sectors and global markets.
Real assets, including real estate, infrastructure and private equity, are an important and growing segment of the plan's investment portfolio.
Top 25 company holdings
Total public equity exposure - worldwide
as at August 31, 2023
| Company | Per cent of portfolio |
Per cent of public equity |
Total exposure ($ millions) |
|---|---|---|---|
| Microsoft Corp | 1.0 | 3.4 | 71.0 |
| Apple Inc | 0.6 | 2.1 | 43.8 |
| Taiwan Semiconductor Manufacturing Co Ltd | 0.5 | 1.9 | 39.2 |
| NVIDIA Corp | 0.5 | 1.6 | 34.3 |
| Amazon.com Inc | 0.5 | 1.6 | 33.0 |
| Alphabet Inc | 0.4 | 1.4 | 29.1 |
| UnitedHealth Group Inc | 0.4 | 1.3 | 27.0 |
| Samsung Electronics Co Ltd | 0.3 | 1.2 | 24.1 |
| Mastercard Inc | 0.3 | 1.1 | 23.0 |
| Tencent Holdings Ltd | 0.3 | 1.1 | 22.3 |
| Alibaba Group Holding Ltd | 0.2 | 0.8 | 16.2 |
| Meta Platforms Inc | 0.2 | 0.7 | 13.6 |
| Danaher Corp | 0.2 | 0.6 | 12.7 |
| SAP SE | 0.2 | 0.6 | 11.8 |
| Toronto-Dominion Bank | 0.2 | 0.6 | 11.5 |
| Kerry Group PLC | 0.2 | 0.6 | 11.5 |
| Booking Holdings Inc | 0.2 | 0.5 | 11.4 |
| Schneider Electric SE | 0.2 | 0.5 | 10.8 |
| Visa Inc | 0.1 | 0.5 | 10.7 |
| Tesla Inc | 0.1 | 0.5 | 10.5 |
| Siemens AG | 0.1 | 0.5 | 10.3 |
| Hitachi Ltd | 0.1 | 0.5 | 10.2 |
| WalMart de Mexico SAB de CV | 0.1 | 0.5 | 10.2 |
| SK Hynix | 0.1 | 0.5 | 10.1 |
| Boston Scientific Corp | 0.1 | 0.5 | 10.0 |