Alaska Permanent Fund is up $5.1 Billion in FY18

In Board of Trustees, Uncategorized by Paulyn

Alaska Permanent Fund is up $5.1 Billion in FY18

 Juneau – The Alaska Permanent Fund’s (Fund) investments gained 10.74% in fiscal year 2018 (FY18) and the Fund ended June 30, 2018 with assets under management totaling $64,894,345,000. The unaudited value of the Fund is up $5.1 billion since the start of FY18.

Chief Executive Officer, Angela Rodell, is pleased with this fiscal year’s results, offering – “Alaskans can be proud of the performance and investment returns that APFC is generating for our State. As Alaska begins a program of relying on the Fund in new ways, APFC’s ability to add value and secure compelling investment opportunities while diversifying and controlling risks has never been more important.”

The Fund is comprised of two accounts, the Principal and the Earnings Reserve Account (ERA), that are invested as a single asset allocation with pro-rata shares attributed to each account. As of June 30, 2018, the value of the Principal includes $40.2 billion in constitutionally protected deposits and $5.9 billion in unrealized gains. For the same time period, the value of the ERA includes $16.4 billion of accumulated net income of which $2.7 billion is shown as committed for transfer to the General Fund in FY19. The ERA also holds $2.4 billion in unrealized gains. ….

… Final FY18 performance results and the FY18 audited financial statements will be presented to APFC’s Board of Trustees during their Annual meeting on September 26 and 27 in Anchorage. …

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Please follow this link to see the full news release with performance information for each of our asset classes, as well as our strategic objectives  –

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