The Alaska Permanent Fund (Fund) ended the first half of fiscal year 19 (FY19) on December 31, 2018 with total net assets under management valued at $60.4 billion (unaudited).
The Fund is comprised of two accounts, the Principal and the ERA, that are invested using the same asset allocation with pro-rata shares attributed to each account. As of December 31, 2018, the value of the Principal totals $43.8 billion, comprised of $40.4 billion in constitutionally protected deposits and $3.4 billion in unrealized gains. For the same time period, the value of the ERA totals $16.6 billion, comprised of $15.3 billion in realized earnings and $1.3 billion in unrealized gains.
Performance results for the first half of FY19 are forthcoming and will be accompanied by a news release once they are final.