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Sovereign Wealth Funds Briefing - Categorized | Performance

Alberta rainy-day fund takes $3-billion hit

Posted on 16 June 2009

From Canada.com: Alberta’s rainy day fund took a massive $3 billion hit last year - the largest loss ever in its 33-year history.

The Heritage Savings Trust Fund (HSTF) loss, revealed in a draft annual report obtained by the Edmonton Journal, drops the value of the fund to just under $14 billion…….Full Article: Source


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