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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Alberta heritage fund earned $2.1B in 2013-14

Posted on 25 June 2014

The Alberta government says its nest egg earned $2.1 billion in the last fiscal year — a 16 per cent rate of return. The value of the Heritage Savings Trust Fund now sits at $17.5 billion.
Most of the money earned is being moved into general revenue to pay for government programs. Just under $200 million is being kept in the fund, as required by law, to protect against inflation………………………………………..Full Article: Source


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