INVESTING FOR ALASKA

INVESTING FOR THE LONG RUN

WHO WE ARE

APFC is a state-owned corporation, based in Juneau, that manages the assets of the Alaska Permanent Fund and other funds designated by law, such as the Alaska Mental Health Trust Fund.

Our vision is to deliver sustained

and compelling investment returns

Assets Under Management

UNAUDITED AS OF January 31, 2018

$66.0 B

Principal $49.2 BILLION | ERA $16.8 BILLION

Value
Added

AS OF June 30, 2017

$4.4 B

VS PASSIVE BENCHMARK OVER 3 Years

RATE OF
RETURN

FYTD AS OF June 30, 2017

12.89%

8.85% OVER 5 YEARS (with lag)

Assets Under Management

UNAUDTIED AS OF January 31, 2018

$66.0 B

Principal $49.2 BILLION | ERA $16.8 BILLION

Value Added

AS OF June 30, 2017

$4.4 B

VS PASSIVE BENCHMARK

RATE OF RETURN

FYTD AS OF June 30, 2017

12.89%

8.85% OVER 5 YEARS (with lag)

APFC’s Board of Trustees Affirm Diversified Approach to Investing February 23, 2018

The Board of Trustees held its quarterly meeting in Juneau, Alaska on February 21-22, 2018.  At that meeting, the Board reviewed the mid fiscal year 2018 (FY18) investment performance of the Alaska Permanent Fund (Fund), assessed the position of the portfolio given recent market volatility, discussed establishing a Real Assets allocation, and reviewed the eCIO program. …

… While the Fund saw tremendous growth in value throughout the first two quarters of this fiscal year and reached an all-time high in January, it was countered by volatile market conditions in February.  Despite the recent market volatility, value of assets under management is up more than $550 million since the December 31, 2017 and up by approximately $4.8 billion since the beginning of the fiscal year. Chair Moran noted that “the recent market conditions affirm the importance of APFC’s diversified approach to investing. This structure is designed to meet our long-term return objectives without undertaking excessive short-term market risk in the process.” …

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Fund News


Fund News

APFC’s Board of Trustees Affirm Diversified Approach to Investing February 23, 2018

The Board of Trustees held its quarterly meeting in Juneau, Alaska on February 21-22, 2018.  At that meeting, the Board reviewed the mid fiscal year 2018 (FY18) investment performance of the Alaska Permanent Fund (Fund), assessed the position of the portfolio given recent market volatility, discussed establishing a Real Assets allocation, and reviewed the eCIO program. …

… While the Fund saw tremendous growth in value throughout the first two quarters of this fiscal year and reached an all-time high in January, it was countered by volatile market conditions in February.  Despite the recent market volatility, value of assets under management is up more than $550 million since the December 31, 2017 and up by approximately $4.8 billion since the beginning of the fiscal year. Chair Moran noted that “the recent market conditions affirm the importance of APFC’s diversified approach to investing. This structure is designed to meet our long-term return objectives without undertaking excessive short-term market risk in the process.” …

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BONDS

The Fixed Income Plus portfolio acts as an anchor to the Fund and is comprised of Bonds, Emerging Market Debt, TIPS, REITs, and Listed Infrastructure. During volatile market cycles, these assets provide stability and a source of liquidity to take advantage of market dislocations. Trading is…read more

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STOCK HOLDINGS

The Public Equities allocation is comprised of U.S., International, and Global Stocks. The portfolio is actively structured to perform well in a variety of market environments, including positively trending equity markets and weaker market environments. The components of this…. read more

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REAL ESTATE

Real Estate is an important component of the APFC’s portfolio. The Alaska Permanent Fund Corporation has partial or complete ownership of 56 residential, retail, industrial, and office buildings in the United States and abroad. Every time APFC collects rent on these properties or sells one…. read more

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ALTERNATIVE INVESTMENTS

APFC invests in private (not exchange traded) holdings through the Private Equity and Growth Opportunities; Private Income: Infrastructure, Private Credit, and Income Opportunities; and the Absolute Return asset class.