Australian future fund mandate

DisabilityCare Australia Fund Investment Mandate · Emergency Response Fund Investment Mandate. Read more about how we invest each fund to achieve their   The Future Fund is Australia's sovereign wealth fund. We invest from Government and tailor the management of each fund to its unique investment mandate. address the functions of the Board; the Future Fund Investment Mandate Directions 2006, the Building. Australia Fund Investment Mandate Directions 2009, the 

The establishment of Australia's Future Fund was a visionary concept. Elements of its philosophy can provide valuable insights to private investors returns. Each fund we manage has an individual investment mandate. Investment mandates set out the Government's broad expectations of how we will invest the assets of each fund. They set the benchmark return for each fund and the timeframe in which it should be achieved. We balance the risk aspects of each investment mandate to maximise returns. Australia's sovereign wealth fund We balance the risk aspects of our investment mandate to deliver strong, long-term returns Australia's sovereign wealth fund Our focus is strong alignment with our partners and an effective investment process and culture The Future Fund was established in 2006 to strengthen the Australian Government’s long-term financial position. From 1 July 2017 the Fund’s Investment Mandate is to achieve an average annual return of at least the Consumer Price Index plus 4% to 5% per annum over the long term, with an acceptable but not excessive level of risk. The responsible Ministers issued the Future Fund Investment Mandate Direction 2017 to the Future Fund Board on 15 May 2017. It requires the Future Fund Board adopt a benchmark average return for the Future Fund of “at least the Consumer Price Index (CPI) +4.0 to +5.0 per cent per annum over the long term”. Future Fund Investment Mandate Direction 2017 We, SCOTT MORRISON, Treasurer, and MATHIAS HUBERT PAUL CORMANN, Minister for Finance, g i ve this Direction under subsection 18(1) of the F uture Fund Act 200 6. Dated 15-5-2017

1 Jul 2018 The Australian Future Fund is a sovereign wealth fund established in The legislation which founded the AFF mandated that it use external 

Each fund we manage has an individual investment mandate. Investment mandates set out the Government's broad expectations of how we will invest the assets of each fund. They set the benchmark return for each fund and the timeframe in which it should be achieved. We balance the risk aspects of each investment mandate to maximise returns. Australia's sovereign wealth fund We balance the risk aspects of our investment mandate to deliver strong, long-term returns Australia's sovereign wealth fund Our focus is strong alignment with our partners and an effective investment process and culture The Future Fund was established in 2006 to strengthen the Australian Government’s long-term financial position. From 1 July 2017 the Fund’s Investment Mandate is to achieve an average annual return of at least the Consumer Price Index plus 4% to 5% per annum over the long term, with an acceptable but not excessive level of risk. The responsible Ministers issued the Future Fund Investment Mandate Direction 2017 to the Future Fund Board on 15 May 2017. It requires the Future Fund Board adopt a benchmark average return for the Future Fund of “at least the Consumer Price Index (CPI) +4.0 to +5.0 per cent per annum over the long term”. Future Fund Investment Mandate Direction 2017 We, SCOTT MORRISON, Treasurer, and MATHIAS HUBERT PAUL CORMANN, Minister for Finance, g i ve this Direction under subsection 18(1) of the F uture Fund Act 200 6. Dated 15-5-2017 The Future Fund is Australia’s sovereign wealth fund. We invest for the benefit of future generations of Australians. We were established in 2006 to strengthen the Australian Government's long-term financial position. Every dollar that we make is a dollar that adds to Australia's wealth and contributes to its future. The DisabilityCare Australia Fund and the Nation-building Funds have shorter-term investment horizons. Their investment mandates require us to minimise loss over a 12 month period. The assets of these funds are invested in a combination of short- and medium-term debt instruments.

Directions issued under subsection 39(1) of the Act are known collectively as the Emergency Response Fund Investment Mandate. Notes on the Sections. Part 1 - Preliminary. Section 1 - Name. 4 The naming convention of this investment mandate follows the Office of Parliamentary Counsel’s Drafting Direction No 1.1A, issued 14 November 2016.

The establishment of Australia's Future Fund was a visionary concept. Elements of its philosophy can provide valuable insights to private investors returns. Each fund we manage has an individual investment mandate. Investment mandates set out the Government's broad expectations of how we will invest the assets of each fund. They set the benchmark return for each fund and the timeframe in which it should be achieved. We balance the risk aspects of each investment mandate to maximise returns. Australia's sovereign wealth fund We balance the risk aspects of our investment mandate to deliver strong, long-term returns Australia's sovereign wealth fund Our focus is strong alignment with our partners and an effective investment process and culture The Future Fund was established in 2006 to strengthen the Australian Government’s long-term financial position. From 1 July 2017 the Fund’s Investment Mandate is to achieve an average annual return of at least the Consumer Price Index plus 4% to 5% per annum over the long term, with an acceptable but not excessive level of risk.

The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long term financial position. At 30 September 2019, it was valued at A$166 billion. The board of the Future Fund also manages another five public asset funds, giving it responsibility for investing A$210 billion on behalf of the Australian Government.

31 Jan 2017 Australia's Future Fund wants the Turnbull government to “revisit” the “We think it was a proper mandate for the last 10 years, we think it 

Future Fund Investment Mandate Direction 2017 We, SCOTT MORRISON, Treasurer, and MATHIAS HUBERT PAUL CORMANN, Minister for Finance, g i ve this Direction under subsection 18(1) of the F uture Fund Act 200 6. Dated 15-5-2017

The responsible Ministers issued the Future Fund Investment Mandate Direction 2017 to the Future Fund Board on 15 May 2017. It requires the Future Fund Board adopt a benchmark average return for the Future Fund of “at least the Consumer Price Index (CPI) +4.0 to +5.0 per cent per annum over the long term”. Future Fund Investment Mandate Direction 2017 We, SCOTT MORRISON, Treasurer, and MATHIAS HUBERT PAUL CORMANN, Minister for Finance, g i ve this Direction under subsection 18(1) of the F uture Fund Act 200 6. Dated 15-5-2017 The Future Fund is Australia’s sovereign wealth fund. We invest for the benefit of future generations of Australians. We were established in 2006 to strengthen the Australian Government's long-term financial position. Every dollar that we make is a dollar that adds to Australia's wealth and contributes to its future. The DisabilityCare Australia Fund and the Nation-building Funds have shorter-term investment horizons. Their investment mandates require us to minimise loss over a 12 month period. The assets of these funds are invested in a combination of short- and medium-term debt instruments. The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long term financial position. At 30 September 2019, it was valued at A$166 billion. The board of the Future Fund also manages another five public asset funds, giving it responsibility for investing A$210 billion on behalf of the Australian Government. Australian equities: Macquarie Investment Management; Developed market equities: Blackstone Alternative Asset Management; BlackRock Alternative Advisors; Man GLG; State Street Global Advisors; Emerging market equities: State Street Global Advisors; Private equity: Buy out: Advent International Corporation; American Industrial Partners; Apax Partners; Archer Capital

The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long term financial position. At 30 September 2019, it was valued at A$166 billion. The board of the Future Fund also manages another five public asset funds, giving it responsibility for investing A$210 billion on behalf of the Australian Government. Australian equities: Macquarie Investment Management; Developed market equities: Blackstone Alternative Asset Management; BlackRock Alternative Advisors; Man GLG; State Street Global Advisors; Emerging market equities: State Street Global Advisors; Private equity: Buy out: Advent International Corporation; American Industrial Partners; Apax Partners; Archer Capital