The Alaska Permanent Fund’s (Fund) total value as of December 31, 2016 (unaudited) is $55.4 billion, comprised of $45.1 billion in Principal and $10.3 billion in the Earnings Reserve. The Fund’s investment portfolio gained 4.50% in the first half of FY17.
In review of the Fund’s performance, Chief Executive Officer, Angela Rodell, notes that “the Alaska Permanent Fund Corporation’s active management of the Alaska Permanent Fund has added value of $1.32 billion to the overall portfolio in the first half of FY17 by outperforming the passive index benchmark by 2.50% (250 bps).”
APFC Board Reviews Fund Performance and Enhances Understanding of Global Markets
As part of their fiduciary oversight, the Alaska Permanent Fund Corporation’s Board of Trustees held a quarterly meeting in Anchorage on December 6 and 7, 2016 to review the Alaska Permanent Fund’s performance, risk profile and investment policy.
Permanent Fund Up 3.86% in First Quarter of Fiscal Year 2017
The Alaska Permanent Fund’s (Fund) total investment portfolio gained 3.86% in the first quarter of fiscal year 2017 (FY17), getting the year off to a strong start with solid performance across asset classes. With an increase in value of $2 billion to the overall Fund portfolio, the Fund ended September 30, 2016 with a total value of $54.8 billion, comprised of $45.1 billion in Principal and $9.7 billion in the Earnings Reserve.