The Fonds de solidarité FTQ posted a positive return of 1.4% for the first six months of its 2022-2023 semester, which ended on November 30.
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The value of the share thus increased by 72 cents to reach $53.33 for this period from June 30 to November 30, 2022.
However, the result is different over the last 12 months with a loss of $2.44 for the stock since December 31. The 12-month yield also fell by 4.4%.
Investments of $688 million were made to support the Quebec economy, a record for a first half.
“Our first-half financial results reflect an economic situation marked by great uncertainties in which our portfolio management strategy generated profits of $245 million,” Janie C. Béïque, President and Chief Executive Officer, said in a press release on Friday. of the management of the Fonds de solidarité FTQ.