The results in brief
The Government Pension Fund Global returned 13.7 percent, or 1,028 billion kroner, in 2017.
Equity investments returned 19.4 percent, while investments in unlisted real estate returned 7.5 percent. Fixed-income investments returned 3.3 percent.
The fund’s market value was 8,488 billion kroner at the end of 2017, up from 7,510 billion kroner a year earlier. The market value of equity investments was 5,653 billion kroner, while the unlisted real estate investments had a market value of 219 billion kroner. The market value of fixed-income investments was 2,616 billion kroner.
The fund’s asset allocation was 66.6 percent equities, 2.6 percent unlisted real estate and 30.8 percent fixed income.
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