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© Future Fund Board of Guardians
ISSN: 2205-8044 (print)
ISSN: 22058052 (online)
With the exception of the Commonwealth Coat of Arms, all material presented in this document is provided under a Creative Commons Attribution 3.0 Australia (www.creativecommons.org/licenses/ by/3.0/au) licence.

To the extent that copyright subsists in a third party, permission will be required from the third party to reuse the material.

The document must be attributed as the Future Fund Annual Report 2018-2019.

Guide to reading this report

This report describes the governance, operations and performance of the Future Fund Board of Guardians and the Future Fund Management Agency over the 2018-19 financial year. Additional information, including periodic investment and operational updates, policies and plans, is available at www.futurefund.gov.au.

An electronic version of this report is available at www.futurefund.gov.au/about-us/ annual-reports

Data in this report may not sum due to rounding.

Investment performance data in the main sections of this report may not correspond directly with data in the Financial Statements due to differences in classification. Investment performance data presented in the main sections of the report include the investments and notional values of derivatives held by both the Future Fund and Future Fund Investment Companies. The Statement of Financial Position in the Financial Statements presents the investments and net market value of derivatives held directly by the Future Fund and the Future Fund Investment Companies as one aggregated number.

As an aid to readers, this report includes a glossary of abbreviations and an alphabetical index.

Material used ‘as supplied’

Provided you have not modified or transformed the material in any way (including, for example, by changing the text; calculating percentage changes; graphing or charting data; or deriving new statistics from published statistics), the Future Fund prefers the following attribution: Source: Future Fund.


If you have questions about any aspect of this report, please contact the Future Fund’s Head of Public Affairs & Strategic Relations on (03) 8656 6400.