The Future Fund has implemented all sanctions imposed by Australia, the United States and the European Union to date. We have devoted significant resources to compliance and will continue to do so as additional sanctions are announced.
The Fund holds around 0.1% of the Fund or around $200 million in companies listed on the Russian stock exchange.
We have no holdings in Russian sovereign debt or other fixed income.
We will be winding down the remaining exposure (which is not currently subject to divestment sanctions) as market conditions permit.
ENDS
For more information:
Will Hetherton
Head of Corporate Affairs
Future Fund
T: +61 (0)3 8656 6443
M: +61 (0)439 016 678
Arriarne Kemp-Bishop
Manager, Corporate Affairs
Future Fund
arriarne.kemp-bishop@futurefund.gov.au
M: +61 (0)414 311 331