Canadian pensions generate modest returns in Q1 2025
8.9% annual return and 1.1% quarterly return

Including RBC Investor Services’ defined benefit pension clients spanning private and public plans
Q1 2025 Defined Benefit Pension Returns
+1.1%
Total
+1.8%
Canadian fixed income
+1.2%
Canadian equities
–0.1%
Global equities
Please refer to the press release for additional information or contact your RBC Investor Services representative.