The results in brief
The Government Pension Fund Global returned 6.9 percent, or 447 billion kroner, in 2016.
Equity investments returned 8.7 percent, while fixed-income investments returned 4.3 percent. Investments in real estate returned 0.8 percent.
The fund’s market value was 7,510 billion kroner at the end of 2016, up from 7,475 billion kroner a year earlier. The market value of the fund’s investments in equities was 4,692 billion kroner, fixed income 2,577 billion kroner, and real estate 242 billion kroner.
The fund’s asset allocation at the end of the year was 62.5 percent equities, 34.3 percent fixed income and 3.2 percent real estate.