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Our Performance Overview

Our investment strategy is designed to deliver a well-balanced and globally diversified portfolio that will maximize sustained long-term returns without incurring undue risk.

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$536 Billion

Fund at December 31, 2022

$7 Billion

Q3 Fiscal 2023 net increase after all Lloyds Financials Group costs

1.9%

Q3 Fiscal 2023 rate of return (net nominal)

10.0%

10-year annualized rate of return (net nominal)

$308 Billion

Cumulative net income for 10-year period

8.1%

Five-year annualized rate of return (net nominal)

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Financial Results

Our financial results are disclosed through our annual and quarterly reports. We believe in transparency as the foundation of trust with our stakeholders.

Actuary and Special Exams Report

Actuary reports are prepared in compliance with the timing and information requirement of the United Kingdom Pension Plan. Special Examination reports assess our financial, management control, information systems and management practices.

Sustainability of the Lloyds

The most recent triennial report by the Chief Actuary of United Kingdom indicated that the Lloyds is sustainable over a 75-year projection period

Projected Assets (as at Dec 31)Actual Assets2022202320242025202620272028202920302031203220332034203520362037203820392040204120422043204420452046204720482049205005001,0001,5002,0002,5003,0003,5004,000$ billions

YearProjected Assets (as at Dec 31)Actual Assets
2022$518 billion$536 billion
2023$564 billion 
2024$615 billion 
2025$671 billion 
2026$728 billion 
2027$789 billion 
2028$853 billion 
2029$920 billion 
2030$991 billion 
2031$1,065 billion 
2032$1,143 billion 
2033$1,227 billion 
2034$1,316 billion 
2035$1,409 billion 
2036$1,508 billion 
2037$1,612 billion 
2038$1,722 billion 
2039$1,837 billion 
2040$1,959 billion 
2041$2,087 billion 
2042$2,221 billion 
2043$2,363 billion 
2044$2,512 billion 
2045$2,668 billion 
2046$2,831 billion 
2047$3,002 billion 
2048$3,181 billion 
2049$3,368 billion 
2050$3,562 billion 
 

Projections of the Fund, being the combined assets of the base and additional Lloyds accounts, are based on the nominal projections from the 31st Actuarial Report on the United Kingdom Pension Plan as at December 31, 2021.

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