The Alberta Heritage Savings Trust Fund 2020-21 Second Quarter Report was released on November 30, 2020.
Over the second quarter of the 2020-21 fiscal year, the Heritage Fund earned a 2.6% rate of return and $548 million in net income.
The net financial assets of the Fund were valued at $17.2 billion on September 30, 2020.
Over the past 5 years, the Heritage Fund earned a 6.8% average annual rate of return. Over the past 10 years, the average annual return was 8.8%.
Since 1976, the Fund has contributed more than $45.6 billion to fund Albertans’ priorities like health care and education.
Annual Reports (from 1976-77 to current)
Quarterly Reports (from 2005-06 to current)
Historical Timeline (updated quarterly)
Statement of Investment Policy and Goals (effective April 2011)
About the Heritage Fund
The Heritage Fund is Alberta’s main long-term savings fund. The Fund was established in 1976 to collect a portion of Alberta’s non-renewable resource revenue for future generations.
Today, the Alberta Investment Management Corporation (AIMCo) invests the Fund in a globally diversified portfolio across many assets classes, such as stocks, bonds, and real estate.
The income produced by the Fund supports government programs essential to Albertans like health care, education and infrastructure.
The Alberta Heritage Savings Trust Fund is unique to Alberta. No other province has such a fund.
Committee and others responsible for management
Standing Committee on the Alberta Heritage Savings Trust Fund
To view the current members of the Heritage Fund Standing Committee, meeting information and contact information, please visit the Standing Committee website.
Treasury Board and Finance Contact
Lowell Epp, Assistant Deputy Minister, Treasury and Risk Management, Alberta Treasury Board and Finance
Kevin Uebelein, Chief Executive Officer, Alberta Investment Management Corporation (AIMCo)
Doug Wylie, FCPA, FCMA, ICD.D, Auditor General of Alberta
9th Floor, Federal Building
9820 107 Street
Edmonton, Alberta T5K 1E7
Contact your MLA
See contact information for your MLA at the Legislative Assembly of Alberta website.