TELUS Health has released the results of its Performance Universe of Pension Managers’ Pooled Funds for the second quarter of 2026.
According to the report, in the second quarter of 2026, diversified pooled fund managers posted a median return of 7.1 per cent before management fees.
“In the second quarter of 2026, stock markets continued to progress. The Canadian S&P/TSX Composite Index posted a return of 7.0 per cent, while the MSCI World and S&P 500 rose by 15.7 per cent and 17.4 per cent, respectively. The Emerging Markets Index gained 26.1 per cent; all figures expressed in Canadian dollars," according to Jean Bergeron, Partner in TELUS Health’s Retirement & Benefits Solutions.
"During the second quarter of 2026, the funded status of a typical pension plan improved on a solvency basis. We estimate that the average solvency ratio of a typical pension plan increased by about 7.0 per cent over this period, which can partly be due to the robust performance of most asset classes. Since the beginning of the year, the average solvency ratio has increased by about 5.8 per cent," says Jean Bergeron.
In the second quarter of 2026, diversified pooled fund managers achieved an average return of 7.1 per cent, underperforming the benchmark portfolio composed of 55% equities and 45% bonds by 0.6 per cent.
