Alberta Heritage Fund
|Canada – Alberta||US$ 17.5 Billion||Origin: Oil|
Transparency Rating: 9
View Sovereign Fund Transaction Data
|Firm Investment Style: Mixed
Entity Structure: Fund
Pop Est.: 3.759 million – 2013 Alberta
Wealth Per Capita Est.: $4,655
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Assets for the Alberta Heritage Fund are currently managed by the Alberta Investment Management Co. (AIMCo). AIMCo was formerly part of the Ministry of Finance, Alberta before transforming into a provincial crown corporation in 2008 that is now providing investment management to a variety of public sector funds and endowments.
This fund was created with several goals in mind.
Investment for Future Generations
Strengthen and diversify the economy
Improve quality of life
A Rainy Day Fund
The fund was originally designed for economic development, but now primarily it is a long-term savings and investment fund.
Historical Assets Under Management
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Note: For the Alberta Heritage Fund, most of the content and data will be used from Alberta Investment Management Co. (AIMCo), as this is the government fund manager for the fund.