❓ Mr. Wyatt questions whether the WA Future Fund's income return has outperformed the cost of state debt over various periods. The Treasurer's answer indicates the Fund's total return has outperformed the WATC cost of funds in all specified periods.
AnsweredQoN 5074Legislative Assembly
QuestionView source ↗
Has
the Western Australian Future Fund’s income return outperformed the cost of State debt over the following
timelines: (a) since the Fund’s inception; (b) financial Year 2013; (c) financial Year 2014; (d) financial Year 2015; and (e) six months to January 2016?
the Western Australian Future Fund’s income return outperformed the cost of State debt over the following
timelines: (a) since the Fund’s inception; (b) financial Year 2013; (c) financial Year 2014; (d) financial Year 2015; and (e) six months to January 2016?
AnswerView source ↗
Answered
23 March 2016
Response time
28 days
(a-e) As per the Future Fund Investment policy, the performance of the Fund is measured on a total return (yield to maturity) basis. The Future Fund total return has outperformed the WATC cost of funds in all periods.
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