Discover and read the best of Twitter Threads about #notmadethemark

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The Pension War Room™️has returned from the wilderness to bring you the latest Heritage Fund Annual Report! Get your copy ⬇️⬇️. An interesting read by any account. Invested by @aimcoinvests and a great 1-year return.
alberta.ca/heritage-savin…
Earned an 11.8% one year return against a benchmark of 7%. Which is great by any measure. Also, one year returns don't mean much, but encouraging nonetheless.

Almost $20 billion in size now; next to the pension funds this would be a "small" fund. #AbLeg
@aimcoinvests investment cost was 0.90% (90 bps) both last year and the year before. This is a bit shocking. Asset mix is different than ATRF so a direct comparison is not warranted (bonds cost less to invest than other assets for ex). #AbLeg
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