Performance Graphs

Continuing a trend that began in 2006, at June 30, 2009 the total Q2 One Investment Programs closing balance exceeded the Q2 2008 closing balance by $85M; this represents a 20.2% year-over-year increase.   Q2 closing balances for the Money Market, Bond, Equity and Universe Corporate Bond Funds were $298M, $145M and $59M and $8M respectively.

The Money Market Fund returned 0.67% in Q2 2008 (annualized), which is nine basis points more than the prime less 1.75% return of 0.58%.  At June 30, 2009, the one year return for the Fund was 2.54% compared to the Prime less 1.75% return of 1.80%.  This resulted in a 74 basis point advantage.

At June 2009 the Bond Fund had outperformed any one year month end period since 2006.  Similarly, two year Fund returns continued to improve in the second quarter.  Returns for months ending in Q2 2009 were 6.63% (April), 6.70% (May), and 6.69% (June), which surpassed all two year Fund returns since Q4 2002.

In Q2 2009 Canadian equity markets posted strong gains, with the S&P TSX composite index up 18.97% for the quarter.   Similarly, the Equity Fund gained 18.72% for the period and the Fund Benchmark was up 17.14%.  This figure illustrates One Equity Fund returns compared to the S&P TSX Composite, TSX 60, and the Fund benchmark, since Fund inception at January of 2007.