WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from $3.8 billion in 2022, according to its latest report.

In a press release, Christopher Brown, WISE Trust’s chief executive officer, said the results are a testament to its partnership with the Investment Management Corp. of Ontario. “Despite the challenges, we have remained agile and focused, ensuring that we continue to meet and exceed the expectations of those who have entrusted us with their financial future.”