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Future Fund posts 14.3 per cent return

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The Future Fund provided its members with a return of 14.3 per cent for the 2013/2014 financial year, putting the value of the fund at $102 billion.

The return reported yesterday is above the provisional return of 13.9 per cent.

In the first quarter of 2014/2015, the Future Fund has continued its upward trajectory, reaching a value of $104.5 billion.

The fund returned 3.9 per cent in the September 2014 quarter.

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Future Fund managing director David Neal said the fund had "met or exceeded" its return target over all periods since its inception.

"The portfolio has been designed to deliver good risk-adjusted returns over the medium to long term," said Mr Neal.

"We prioritise diversification and careful consideration of the various scenarios that may play out across economies and markets," he said.

"As such, our objective is for the portfolio to achieve good returns when markets are strong while benefiting from some protection during weaker periods," said Mr Neal.

“Globally, policy makers are seeking to balance the challenge of moving towards more normal policy settings while maintaining efforts to encourage economic growth. This continues to present both risks and opportunities for investors."