Fonds de solidarité FTQ delivered a positive return of 1.4% for the first six months of the 2022-2023 semester ended November 30.
Shares gained 72 cents to $53.33 for the period from June 30 to November 30, 2022.
But the result has been different over the last 12 months with a loss of $2.44 for the action since December 31 last. The 12-month yield is also down 4.4%.
Investments of $688 million came in to support Quebec’s economy, a record for the first half.
“Our first-half financial results reflect an economic environment marked by great uncertainty in which our portfolio management strategy generated $245 million in gains,” Janie C. Béïque, president and chief executive officer, said in a press release Friday. Fonds de Solidarité FTQ.