How have the Heritage Fund investments performed over the first two quarters?
Due to the rise in equity markets, the Heritage Fund had a return of 13.6 per cent over the first two quarters. The fund outperformed its benchmarks in Canadian equities, foreign equities, hedge funds, bonds and money market securities. Canadian equities, which comprise 13.2 per cent of the fund’s investment portfolio, had the highest return of all asset classes, followed by foreign equity returns.
