an effort to improve long-term risk-adjusted returns for members, the CSS
Pension Plan completed changes to the Balanced Fund’s equity components in the
third quarter of 2019.
Fund’s U.S. equity exposure is now invested in two new mandates: A large-cap
multifactor index licensed through Scientific Beta and managed by State Street
Global Advisors (SSgA), along with an active small-cap mandate managed by
Hillsdale Investment Management Inc.
Plan transitioned its passive U.S. large and mid-cap equity holdings, managed
by SSgA, to the new mandates over Q2 and Q3 of 2019.
Balanced Fund is the CSS Pension Plan’s default investment fund and aims to
provide moderate long-term growth through exposure to equity, fixed income and
real estate investments. Over 40,000 CSS members are invested in the Balanced
more information, please review our Fund Fact Sheets and Investment Options