Alberta Heritage Savings Trust Fund
A provincial fund established in the Canadian province of Alberta which aims to manage and invest the savings from Alberta's vast non-renewable resources to provide the greatest financial return on those savings for current and future generations of Albertans. The Alberta Heritage Fund was enacted under the Alberta Heritage Savings Trust Fund Act of 1976. The fund invests in equities, bonds, real estate, private equities and absolute return strategies.
At inception in 1976, the Heritage Fund had three objectives - to save for the future, to strengthen or diversify the economy, and to improve the quality of life of Albertans. In 1997, the Heritage Fund was restructured so that it could no longer be used by the government for direct economic development or social investment purposes.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Alberta Investment Management — Corporation (AIMCo) is a crown corporation that is responsible for investing the Province s sovereign wealth fund, the Alberta Heritage Savings Trust Fund [ The Economist , Jan 17, 2008 ( [http://www.economist.com/finance/displaystory.cfm?story… … Wikipedia
Alberta Investment Management Corporation - AIMCo — A government owned investment management corporation headquartered in Edmonton, Alberta. AIMCo has approximately $69 billion CAD in assets under management as of 2009, making it one of Canada s largest institutional money management firms. AIMCo… … Investment dictionary
Sovereign wealth fund — Als Staatsfonds (engl. Sovereign wealth fund, SWF) werden Fonds bezeichnet, deren Kapital sich im Eigentum eines Staats befindet. Im Jahr 2008 halten Staaten Fonds im Wert von ca. 3,5 Billionen Dollar, davon allein China 1,2 Billionen Dollar.… … Deutsch Wikipedia
Arthur Johnston (politician) — Infobox Politician imagesize = 150px name = Arthur Johnston small| caption = birth date = birth date and age|1947|8|3 birth place = Halifax, Nova Scotia residence = Calgary, Alberta office = MLA for Calgary Hays term start = 2004 term end =… … Wikipedia
Howard Sapers — Howard Sapers, currently the Correctional Investigator for Canada, is a former public servant and former provincial politician from Alberta, Canada. He served as a member of the Legislative Assembly of Alberta, representing Edmonton Glenora from… … Wikipedia
Alana DeLong — Infobox Politician imagesize = 150px name = Alana DeLong small|caption = birth place = Nelson, British Columbia residence = Calgary, Alberta office = MLA for Calgary Bow term start = March 15, 2001 term end = predecessor = Bonnie Laing successor … Wikipedia
Gary Mar — Gary G. Mar QC, LLB, BComm (born July 26, 1962) is a politician in the Canadian province of Alberta. He served as a MLA for the Legislative Assembly of Alberta from 1993 to 2007. He is the current Alberta representative in Washington, DC.Early… … Wikipedia
Hung Pham — or Hung Kim Pham (born Phạm Kim Hưng in Saigon on October 2, 1963) is a politician and information expert in Alberta, Canada. He formerly served as a member of Legislative Assembly of Alberta, Canada.Early lifeBorn and growing up in Saigon, the… … Wikipedia
Moe Amery — MLA for Calgary East Incumbent Assumed office June 15, 1993 Pre … Wikipedia
Heather Forsyth — Infobox Politician imagesize = 150px name = Heather Forsyth small| caption = birth date = birth place = residence = Saskatoon, Saskatchewan office = MLA for Calgary Fish Creek term start = 1993 term end = predecessor = William Edward Payne… … Wikipedia