Composition of Overall Portfolio

Threefold Diversification

The Caisse’s overall portfolio is widely diversified in three ways:

• By type of investment
  To earn superior returns while managing risks and protecting capital.
• By area of the world
  To reduce concentration in a single economy and take advantage of investment opportunities offered by other markets.
• By industrial sector
  (diversification of investments in publicly-listed stocks and in the form of private equity)
  To constantly take advantage of sectors favoured by the economic environment, while avoiding concentration in one specific sector.