How much is the Alberta Heritage Savings Trust Fund worth?

Over the 2021-22 fiscal year, the fair value of the investable assets of the Alberta Heritage Savings Trust Fund reached its highest reported valuation to-date, almost $20 billion.

How much is the Heritage Fund worth?

The market (or fair) value of all assets invested in the Heritage Fund as of March 31, 2022 was $19,962 million. This is an increase of $1,416 million during the fiscal year. After deducting the amount of income due to the GRF, the net financial assets of the Fund are valued at $18,715 million as of March 31, 2022.

How often does the Heritage Fund report to Albertans?

The President of Treasury Board and Minister of Finance reports the performance of the Fund to Albertans on a quarterly and annual basis. As required by the Act, the Standing Committee on the Alberta Heritage Savings Trust Fund reviews quarterly reports and approves the annual report. Are the Heritage Fund’s investments secure?

What is the amount retained in the Heritage Fund?

The amount retained is the product of the accumulated operating surplus of the Heritage Fund as of March 31 of the previous fiscal year, multiplied by the percentage increase, if any, for that fiscal year in the Alberta Consumer Price Index. As inflation increases, the amount retained in the Fund also increases.