Permanent Fund up 8.96% for Fiscal Year 2017 to Date

In News by Paulyn

The Alaska Permanent Fund’s (Fund) total value as of March 31, 2017 (unaudited) is $57.8 billion, comprised of $46.1 billion in Principal and $11.7 billion in the Earnings Reserve. The Fund’s investment return for the fiscal year to date (FYTD) is up 8.96% based on unaudited performance results. Angela Rodell, CEO of the Alaska Permanent Fund Corporation, stated that “the solid performance results for the first three quarters of FY17 are encouraging and affirm the dedication of the APFC staff to meet or exceed our performance benchmarks. Over the past 5 years, the total Fund Performance has lead all three benchmark objectives and APFC will continue to strive to maximize returns for Alaskans.”

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