Performance for the Advance fund, before fees, exceeded the benchmark ASX 200 by 1.4 per for the 12 months ending in August, and Farrell said he expected the fund to continue its good performance.
Investments
Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.
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