UPP Tsy/Investments Staff #1
How old is Yeffie's son?
4!
Who is the current Fed chair?
Jerome Powell
Approximately how large will UPP be in terms of assets as of July 1, 2021?
$10.6bn (either $10 or $11bn is acceptable)
What does MSCI ACWI stand for?
MSCI All Country World Index
Two of the UPP investments/tsy staff have met in person; who are they?
Jeff and Yeffie!
One of the team members holds a yoga instructor certificate - who is it?
Shafak
Which bond has a higher yield - Canada 10yr or US 10yr?
US 10yr
Are our university monthly pension contributions sufficient to meet the monthly benefit payments?
No - some funding is required from existing assets
What is the 60/40 portfolio?
60% equities, 40% fixed income
Commonly cited in pension lingo
Who is taller - Shafak or Yeffie?
Shafak! By 1in
Whose birthday is in June (and shared with Barb and Teresa!)?!
Christophe!
Happy belated to the three of you!
The probability of 3 people out of a total group of 30 to share a same birthday is 2.85%!
What is the German government bond colloquially called?
The bund!
What is UPP's discount rate?
5.6%
What does CAPM stand for?
Capital Asset Pricing Model
What does Jeff like to do in his spare time?
Either answer is acceptable:
Sailing
Cycling
Of the 4 staff members on Treasury/Total Fund Management/Investments, how many have prior pension experience?
1!
Christophe!
How much has the S&P TSX Index returned this year so far (Approximate round percent)?
Approximately 15%!
Which university is contributing the most in terms of total assets?
University of Toronto!
This has to do with its size
Who invented the first options pricing model?
(Black Scholes)
What is one type of financial institution that each team member has worked in?
Banks!
Jeff: RBC/CIBC
Yeffie: RBC/BMO
Christophe: BNP Paribas
Shafak: RBC/BofA Securities
Who is trilingual in our team?
Shafak!
What is the Canada 10yr yield at right now?
Approximately 1.38% (would accept anywhere from 1.30-1.45)
What is the approximate total number of pages across all the UPP manager agreements that have had to be reviewed?
200,000!!
Sorry Christine + legal team/Su!!
What's better: a $100,000 mortgage at 5% or a $200,000 mortgage at 2%?
What's better is to pay $100,000 less for your house! $100,000 at 5%
At what grade level can Jeff speak French?
Grade 4....