Investing to deliver on our pension promise
Investing to deliver on our pension promise
Investing to deliver on our pension promise
111%
Funded status
|
16 years
Fully funded since 2009
|
$123.0 billion
Net asset value
|
We are one of the leading pension plans in Canada with a diversified, global portfolio and a consistently strong funded status. We are well-positioned to deliver on our pension promise to healthcare workers, even through challenging markets, for years to come. Learn
about our Plan’s performance.
Our Total Portfolio Approach
We take a Total Portfolio Approach (TPA) that guides the asset allocation of the Fund’s overall investment portfolio to ensure HOOPP can deliver on our pension promise over the long term.
TPA is an investment mindset centered on preparedness. It ensures we are ready to respond when conditions change—whether driven by market dynamics or internal priorities. This means we allocate capital
and risk between a variety of asset classes and investment strategies as market conditions evolve and place the most importance on funded status.
TPA is guided by two core principles:
Our investment teams based in Toronto and London work together to find the best opportunities across different asset classes as they seek to add value. Our collaborative and open culture enables nimble cross-asset-class decision making. We place the most importance on our funded status, rather than the short-term returns of individual asset classes.
At HOOPP, safeguarding our members’ pensions and retirement security means embedding sustainable investing into all our strategies and processes. Learn about what we’re doing to support our goal of achieving net-zero portfolio emissions by 2050.
How liability-aware investing supports our pension promise
Liability-aware investing (LAI) is the investment strategy that aligns our portfolio exposures with our pension obligations. Where TPA sets the frame, LAI is how we execute within it.
This method allows us to swiftly respond to market changes and address economic conditions. Unlike traditional investment approaches, LAI considers and responds to additional factors—such as liquidity needs, economic growth and inflation—that are critical for a pension delivery organization, like HOOPP.
TPA also brings greater integration, clarity, and consistency to LAI, strengthening our ability to generate the returns needed to meet our pension promise.
Our strategy aims to diversify investments across asset classes, geographies, time horizons and economic outcomes. While we have a strong focus on Canada, we pursue global opportunities to help mitigate risk, enhance returns and ensure we can continue delivering on our pension promise for decades to come.
This document provides a simplified overview of HOOPP's benefits based on the terms of the HOOPP Plan Text at the time of publication. From time to time, HOOPP may amend the HOOPP Plan Text. In cases where the information provided in this document differs from that contained in the HOOPP Plan Text, the HOOPP Plan Text will govern. More details, including the full HOOPP Plan Text and a complete description of the Plan and its benefits, can be found on hoopp.com.
What can we help you find?