CPPIB's main fund achieved a 5.6% net return for the quarter ended June 30
Net assets totalled $409.6 billion for the fiscal year ended March 31
CPP enjoys strongest growth rate
Premier says the province is the biggest net contributor to the plan
Employee and employer CPP contribution rates also changed
Fund returned 1.1% after costs during the quarter
The company founded by Elon Musk is the first investment for the teachers’ late-stage venture capital and equity growth platform
Report finds active strategy has come out ahead
The shares represent approximately a 7.1% stake
Increases will be phased in over seven years