Nominal Asset Class Returns from 1970 to 2009














1970 1971 1972 1973 1974 1975 1976 1977 1978 1979
Annual Canadian Inflation
16.2% 29.9% 46.0% 67.1% 71.5% 42.1% 25.6% 33.0% 48.5% 123.1%
3 Month T-Bills
6.7% 15.0% 36.7% 9.4% 12.3% 40.7% 23.6% 29.5% 45.6% 44.8%
Short Canadian Bonds
1.3% 14.8% 27.4% 5.2% 8.0% 40.6% 23.0% 10.7% 29.7% 23.7%
Long Canadian Bonds
-0.2% 13.2% 18.2% 2.0% -4.7% 18.5% 11.0% 9.5% 18.4% 16.8%
All Canadian Bonds
-2.5% 8.0% 8.1% 0.3% -22.5% 9.5% 9.3% 9.2% 15.5% 11.8%
Real Return Bonds
-3.6% 5.0% 5.1% -14.1% -25.9% 8.0% 5.8% 7.8% 8.5% 9.8%
TSX Composite
-16.1% 3.8% 3.6% -14.7% -26.8% 7.5% 3.0% 5.6% 8.4% 4.5%
S&P 500





-21.8% -4.8% 0.7% 4.1% -2.8%
Wilshire 5000










MSCI EAFE
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989
MSCI Emerging Markets
36.7% 19.3% 46.0% 35.5% 16.9% 65.8% 67.8% 17.6% 28.8% 60.1%
Gold Bullion
35.5% 12.2% 35.4% 26.1% 14.7% 40.3% 19.8% 15.1% 18.0% 27.8%


30.1% 8.3% 28.8% 25.0% 14.5% 39.4% 17.2% 8.5% 11.3% 25.4%


27.2% 4.2% 26.0% 24.0% 12.9% 26.7% 17.2% 7.0% 11.1% 21.4%
*Wilshire 5000 starts at 1975
17.8% -1.7% 23.0% 14.9% 12.9% 25.1% 14.7% 5.9% 9.8% 15.1%
*MSCI Emerg. Mrkts starts 1988
13.4% -2.1% 19.2% 11.5% 11.6% 21.2% 14.7% 4.2% 9.6% 12.8%
*Real Return Bonds starts at 1992
11.1% -4.4% 15.5% 9.9% 9.4% 15.1% 11.4% 4.0% 8.4% 12.5%


9.1% -5.6% 9.2% 9.6% 3.7% 11.8% 9.5% 1.8% 8.2% 10.4%
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6.6% -10.2% 5.5% 4.6% -2.4% 10.1% 9.0% -0.9% 7.0% 7.6%
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2.1% -33.1% 2.8% -15.3% -14.2% 4.4% 4.2% -3.7% 4.0% 5.2%
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-22.3% -5.7%














1990 1991 1992 1993 1994 1995 1996 1997 1998 1999


13.7% 59.2% 22.5% 81.8% 14.6% 33.9% 28.3% 39.2% 37.8% 56.6%


10.5% 33.6% 19.9% 38.2% 7.5% 32.8% 23.6% 37.0% 32.3% 31.7%


7.5% 29.9% 18.4% 32.5% 6.0% 26.3% 21.8% 18.5% 29.0% 19.8%


5.0% 25.3% 11.6% 22.4% 5.3% 20.7% 14.2% 15.0% 12.8% 16.3%


4.3% 22.1% 9.8% 22.1% 3.8% 16.7% 12.3% 9.6% 9.2% 13.9%


-1.2% 17.9% 8.6% 18.8% 0.2% 15.5% 11.7% 6.5% 6.7% 8.0%


-2.9% 12.0% 6.7% 18.1% -0.2% 14.5% 10.7% 4.9% 6.3% 4.8%


-6.0% 12.0% 3.9% 15.7% -1.0% 8.5% 6.9% 4.7% 6.0% 2.6%


-10.3% 9.8% 3.7% 14.5% -1.7% 7.3% 6.5% 3.1% 4.7% 2.3%


-14.8% 3.8% 2.1% 13.3% -4.3% 1.8% 4.8% 0.7% 1.0% -1.1%


-23.0% -10.4% -1.4% 5.5% -7.4% -1.7% 2.2% -7.7% -1.6% -5.1%




-3.0% 1.7% -13.7% -7.8% -4.1% -18.0% -20.0% -6.0%














2000 2001 2002 2003 2004 2005 2006 2007 2008 2009


16.6% 9.4% 24.4% 28.4% 17.5% 30.2% 32.9% 18.9% 28.2% 54.5%


13.0% 8.1% 15.3% 26.7% 16.8% 24.1% 27.1% 12.2% 8.6% 35.1%


10.2% 7.0% 11.1% 14.4% 14.5% 15.2% 23.5% 9.8% 6.4% 14.5%


8.2% 6.1% 8.7% 13.2% 11.9% 13.9% 17.3% 4.3% 2.8% 14.3%


7.4% 4.4% 6.3% 9.1% 10.3% 13.8% 16.1% 4.1% 2.7% 11.7%


5.5% 3.7% 3.9% 8.2% 7.1% 10.3% 16.0% 3.7% 1.2% 9.1%


3.2% 0.7% 2.5% 6.7% 5.1% 6.5% 4.1% 3.4% 0.4% 7.9%


-1.8% 0.6% -6.9% 5.8% 4.4% 2.9% 4.1% 2.4% -22.6% 5.5%


-5.6% -5.4% -12.4% 5.1% 2.8% 2.6% 4.0% 1.6% -23.0% 5.4%


-7.4% -6.4% -16.5% 2.9% 2.3% 2.4% 4.0% -5.0% -30.0% 4.5%


-10.6% -12.6% -21.6% 2.0% 2.1% 2.2% 1.6% -10.1% -33.0% 1.3%


-27.9% -16.3% -22.8% -1.5% -3.0% 1.5% -2.9% -10.3% -42.5% 0.5%














Data sourced from Libra Investment Management which in turn sourced data from The Globe & Mail, Prof. Werner Antweiler (UBC), Bank of Canada, Stats Can, BC Government Statistics, Libra Investment Management, The Financial Post, Scotia Capital, Globefund, Canadian Institute of Actuaries, Economagic.com, Standard & Poors, Wilshire Associates, MSCI and Kitco. From more information, please visit http://www.libra-investments.com/ Data compiled into infographic by http://www.wheredoesallmymoneygo.com