Ontario Teachers' earns 9.5 per cent net return for first half of 2026
A SpaceX stake helped drive $26.6 billion in net investment income as the fund’s venture assets grew to 9% of its portfolio.
- On Monday, the Ontario Teachers' Pension Plan Board reported a 9.5% net return for the first half of 2026, generating $26.6 billion in net investment income through June 30.
- A stake in Elon Musk's SpaceX 'was a significant contributor' to gains after the company's June 12 IPO, though the Teachers holding declined from nearly US$8.7 billion by Friday.
- Chief executive officer Jo Taylor said returns are 'ahead of our target at this point in the year' with 'positive returns across asset classes,' including a 14.5% return over 12 months.
- The fund manages investments for 346,000 working members and pensioners, with net assets totaling $303.2 billion at June 30, up $23.8 billion from the end of last year.
- Teachers' venture arm accounts for 9% of total assets while the fund has earned an average annual return of 7.8% over the past 10 years, reflecting sustained long-term performance.
22 Articles
22 Articles
SpaceX Windfall Leads Ontario Teachers' to 9.5% First-Half Gain
The Toronto Star
The RecordOntario Teachers’ earns 9.5 per cent net return for first half of 2026
TORONTO - The Ontario Teachers' Pension Plan Board says it earned a six-month net return of 9.5 per cent for the first half of 2026, with net investment income of
Winnipeg Free Press
Ontario Teachers' earns 9.5 per cent net return for first half of 2026
TORONTO - The Ontario Teachers' Pension Plan Board says it earned a six-month net return of 9.5 per cent for the first half of 2026, with net investment income of $26.6 billion.
Ontario Teachers’ venture growth helps drive 9.5% first-half return, pension fund tops C$300bn in assets
Ontario Teachers’ Pension Plan posted a 9.5% net return for the first six months of 2026, with its venture growth portfolio emerging as the largest contributor to performance as the Canadian pension fund’s assets surpassed C$300bn. The post Ontario Teachers’ venture growth helps drive 9.5% first-half return, pension fund tops C$300bn in assets appeared first on AltAssets Private Equity News.
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