Improving Albertans' Quality of Life
Alberta investment creates jobs, diversification and grows Heritage Fund
September 26, 2016
Alberta’s Heritage Fund investments are supporting job creation and innovation in the renewable energy and natural gas sectors as well as demonstrating Alberta is Canada’s best place to do business and to invest in business growth. Read the news release.
Heritage Fund earns a 1.6 per cent quarterly return
For the first three months of the fiscal year 2016-17, the Heritage Fund had a return of 1.6 per cent, earning $638 million in net income. At June 30, 2016, the fund’s assets were worth $18.0 billion on a fair value basis. Over the past five years, the Heritage fund earned a 10.7 per cent average annual rate of return. View the Alberta Heritage Savings Trust Fund 2016-17 First Quarter Update.
August 23, 2016
See the left-side menu above for more information about the Heritage Fund, or use the quick links below to access highlighted topics.
September 26, 2016: News release
August 23, 2016: 2016-17 First Quarter Update
June 29, 2016: 2015-16 Heritage Fund Annual Report