Pokemon are popping up everywhere now — even in Canadians' retirement portfolios!
The augmented reality mobile game "Pokemon Go" by Nintendo is shown on a smartphone screen in this photo illustration taken in Palm Springs, Calif. on July 11, 2016. (Photo: Sam Mircovich/Reuters)
The company is now worth about US$28 billion, up from $18 billion last week.
"Pokemon Go" isn't available in Canada yet. But Canadians who pay into the Canada Pension Plan (CPP) are seeing a windfall from Nintendo's gains.
The CPP owned 318,000 shares in Nintendo Co. Ltd. as of its March disclosure. At the time, those shares were worth about C$59 million.
Taking into account Nintendo's recent fortunes, those shares are worth approximately $90 million now.
This Nov. 26, 2009 file photo shows the Pikachu Pokemon balloon floating down Central Park West during the Macy's Thanksgiving Day Parade in New York. (Photo: Charles Sykes/AP)
The value of those shares changes based on where the loonie sits on a given day.
But either way, that's a heck of a gain in a short time.
Gotta catch it all! The money, that is.
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