Annual Reports

SHEPP's Annual Report is a comprehensive account of the organisation's operations, activities and financial highlights throughout the preceding year.

Following what was a relatively flat year, markets were strong in 2019, resulting in very favourable investment returns. While the year-end rate of return fell short of the benchmark (13.5%) the Fund still experienced a very positive return of 11.7% (net of investment manager fees). As of December 31, 2019, net assets totaled $8.0 billion (up from $7.2 billion in 2018). Download Annual Report.

Archived Annual Reports