Fonds de solidarité FTQ Share Value Rises to $64.52
An increase of $0.81 since December 23, 2024
Highlights as at May 31, 2025
- Share value at $64.52 (up $0.81 from December 23, 2024, and $5.41 from June 21, 2024)
- Annual return: 9.2%
- 6-month return: 1.3%
- More than 808,000 shareholders
- Annual compound return: 9.2% (1-year), 7.0% (3-year), 7.8% (5-year) and 6.9% (10-year)
- Comprehensive income: $1.9 billion
- Net assets: $21.9 billion
- $1.9 billion invested by the Fonds and its regional, local and real estate network to support the Québec economy1
MONTRÉAL, June 23, 2025 /CNW/ - For its fiscal year ended May 31, 2025, the Fonds de solidarité FTQ posted comprehensive income (profit) of $1.9 billion. The annual return to shareholders is 9.2% (including 1.3% in the second half of the fiscal year). The value of the Fonds share is now $64.52. Net assets stand at $21.9 billion (an increase of $0.2 billion during the second half of the year), and the number of shareholders grew to over 808,000.
The Fonds' annual compound shareholder returns (excluding tax credits) as at May 31, 2025, are 9.2% for 1 year, 7.0% for 3 years, 7.8% for 5 years and 6.9% for 10 years.
"The annual return reflects the volatility during the fiscal year. After posting 7.8% in the first half, the Fonds' portfolio held steady in the second half with a return of 1.3%, thus generating $1.9 billion in profits for the year despite ongoing uncertainty and volatility," said Fonds President and CEO Janie Béïque.
"We remain ready to support local businesses and their workers to build a stronger and more resilient economy. Whether it's business succession, productivity, technology transition or housing, there are as many opportunities as there are challenges. With the strong support of one in six Québec workers, the Fonds will continue to support Québec businesses during evolving economic times. This is what channeling local savings into the local economy is all about," continued Ms. Béïque.
During the fiscal year, the Fonds and the Fonds régionaux de solidarité FTQ continued their efforts to support business transfers in Québec. For instance, they invested to support the succession of Stageline, a world leader in the design and manufacture of mobile stages and hydraulic stage structures. An investment was also made in the Fonds d'investissement pour la relève Agricole (FIRA II) to support a new generation of farmers throughout Quebec.
For their part, the Fonds régionaux notably supported the transfer of SMEs such as Sciage de Béton Saguenay, metal products specialist Permafil in Sainte-Marguerite, and Pro-Fil électrique, an entrepreneur specializing in residential and commercial electrical installations and repairs based in Québec City."
The Fonds immobilier de solidarité FTQ continued its investments, particularly in the residential market, with the aim of accelerating building starts and addressing the housing shortage. It authorized investments for a project of 307 apartments in L'Assomption, as well as a 132-apartments project in Mont Saint-Hilaire and for 205 apartments in Pointe-Claire. The Fonds immobilier is also continuing the deployment of social and affordable housing.
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Random selection program
Last year, the Fonds conducted two random selection rounds for share issues paid through a one-time payment or through automatic bank withdrawals.
"Since saving for retirement is at the heart of our mandate, I am delighted with the success of the first random selection rounds organized by the Fonds for share issues. Doing this has enabled us to reach even more Quebecers looking to prepare for a decent retirement. Thanks to this random selection program and our retirement savings awareness activities, the Fonds welcomed nearly 54,000 new shareholders in 2024-2025. At a time when the cost of living is rising, knowing that more than 50,000 additional workers have chosen to entrust us with their savings for the first time reminds us of the foundation of our mission," concluded Janie Béïque.
In the next few months, the Fonds will announce the terms and conditions of the next random selection round, which will allow Quebecers to contribute to the Fonds and in so doing, better prepare for retirement.
About the Fonds de solidarité FTQ
The Fonds de solidarité FTQ is a source of pride in Québec, fulfilling its mission through a unique business model created more than 40 years ago. Since then, the Fonds has rallied Québec into action thanks to the retirement savings of over 808,000 shareholders.
With net assets of $21.9 billion as at May 31, 2025, the Fonds supports directly and indirectly thousands of companies through venture and development capital investments based on the belief that the impact of its investments is created as much by financial as societal returns. For more information, visit fondsftq.com or our company page on LinkedIn.
Please read the prospectus before subscribing shares of the Fonds de solidarité FTQ. Copies of the prospectus may be obtained online at fondsftq.com, from a local representative or at the offices of the Fonds de solidarité FTQ. Except for semi-annual rates of return, the indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends and do not take into account income taxes payable by any security holder that would have reduced returns. The shares of the Fonds de solidarité FTQ are not guaranteed; their value changes and past performance may not be repeated.
The subscription for shares of the Fonds de solidarité FTQ may give rise to labour-sponsored fund tax credits. The tax credits amount to 30%, namely 15% at the Québec level and 15% at the federal level, and are limited to $1,500 per fiscal year, which represents a $5,000 subscription for shares of the Fonds de solidarité FTQ.
SOURCE Le Fonds de Solidarité des Travailleurs du Québec (FTQ)