Future Fund

Future Fund

Australia US$ 88.7 Billion
Established: 2006
Transparency Rating: 10
View Sovereign Fund Transaction Data
View Asset Allocation		 Origin: Non-Commodity
Firm Investment Style: Mixed
Entity Structure: Fund
Population Est.: 23.02 million – 2013
Wealth Per Capita Est.: $3,852
Summary
The Australian Government Future Fund is an independently managed investment fund into which the Australian Government deposits its budget surplus.

Background
The Future Fund was established by the Future Fund Act 2006. The purpose of the fund is to meet the government’s future liabilities for the payment of superannuation to retired public employees.

Strategy & Objectives
The objective of the Future Fund is to meet unfunded superannuation liabilities. The Future Fund is required to target an average annual return of at least the Consumer Price Index (CPI) plus 4.5 to 5.5% per year. This is over the long term with acceptable but not excessive risk.

Governance
The Future Fund is controlled by an independent Board of Guardians that is collectively responsible for the investment choices of the fund. Board members must be drawn from outside Australian government and must meet the legislated requirements of having substantial expertise and professional credibility in investing or managing financial assets or in corporate governance.

Sovereign Wealth Enterprises

  • Future Fund Investment Company No.1 Pty Ltd
  • Future Fund Investment Company No.2 Pty Ltd
  • Future Fund Investment Company No.3 Pty Ltd
  • Future Fund Investment Company No.4 Pty Ltd
  • Future Fund Investment Company No.5 Pty Ltd

Go Back: HOME