AUSTRALIA'S FUND RETURN 9.3%
FUTUREFUND - 2017-18 was a strong year for the Future Fund, delivering a return of 9.3% and adding over $12 billion in earnings.
Over 10 years the Fund has achieved a return of 8.7% per annum, exceeding its benchmark of 6.6% per annum.
From the original seed capital of $60.5 billion the Future Fund has earned $85.3 billion.
The Fund now stands at $145.8 billion.
The Medical Research Future Fund (MRFF) is performing well.
Since inception the Fund has achieved a return of 4.2% per annum, ahead of its target return of 3.1% per annum. The MRRF, now valued at $7.2 billion, is designed to provide funding grants to support medical research and medical innovation.
The DisabilityCare Australia Fund and the two Nation-building Funds also performed well, meeting their benchmark target return.
The Board of Guardians now invests over $175 billion across the five public asset funds.