Pension plans record largest gains of 2025 to date in Q3 amid broad equity and fixed income
9.7% annual return and 4.4% quarterly return

Including RBC Investor Services’ defined benefit pension clients spanning private and public plans
Q3 2025 Defined Benefit Pension Returns
+4.4%
Total
+1.5%
Canadian fixed income
+9.5%
Canadian equities
+8.7%
Global equities
Please refer to the press release for additional information or contact your RBC Investor Services representative.