Long Term Stats

Figure 26 shows an index of the overall accumulated real return achieved by all Combined Actuarial Performance Services (CAPS) pension funds at the end of each quarter from 1970 to 2007. The index used is calculated from the CAPS median returns, which are net of expenses, and allow for capital growth as well as dividend and interest income (including reinvestment). The real return is obtained by dividing returns on pension funds by the price index shown in Figure 2.

Figure 27 is based on overall total returns achieved by pension funds and gives the percentage returns on their investments over periods of one, five, 10 and 20 years, ending in December each year, from 1986 to 2007. On the left are shown percentage rates of nominal return, and on the right are shown percentage rates of real return, relative to retail prices.