Last updated: May 30, 2025

How has Wealthsimple Private Equity performed?

Total Return: 37.0%

Total Return (annualized): 26.7%

	Year	January	February	March	April	May	June	July	August	September	October	November	December	Total
Total return	2024	6.3%	6.3%	3.6%	1.8%	0.8%	6.1%	1.2%	-1.4%	0.5%	2.6%	1.5%	2.4%	36.5%
	2025	0.9%	-0.3%	2.2%	-2.4%									0.4%

Wealthsimple Private Equity returned -2.4% in April 2025. Since inception, that brings the fund's total returns to 37%. Although the fund generated positive returns in USD terms due to valuation write-ups across several assets, a significant appreciation of the Canadian dollar against the US dollar in April led to an overall loss for the month.

How is the fund positioned?

The fund invests in an underlying fund managed by LGT, which consists of 800+ companies and represents 30+ underlying managers. It is globally diversified, with a focus on resilient industries. 46% of the LGT fund consists of direct investments in companies alongside other private equity funds, and 54% consists of investments in secondaries — funds that have already deployed their investments.

Portfolio overview

Industry exposures

Information Technology	29%
Industrials	24%
Health Care	22%
Financials	9%
Consumer Discretionary	9%
Consumer Staples	3%
Communication Services	2%

Geographic exposures

US	46%
Europe	41%
Global	5%
Asia	8%

As of August 31, 2024
Disclosures: Returns shown include all applicable fund management fees and performance fees, but excludes Wealthsimple's standard management fees for its advisory services. Past performance does not guarantee future results.