Solidarité FTQ: Positive returns in the first half of 2022-2023

Fonds de solidarité FTQ delivered a positive return of 1.4% for the first six months of the 2022-2023 semester ended November 30.

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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.