Future Fund’s Apple bite triples

Original article by Vesna Poljak
The Australian Financial Review – Page: 15 : 31-Oct-17

The Commonwealth Bank, Westpac and the ANZ bank remained the top holdings of the Federal Government’s $A134.5bn Future Fund in 2016-17. National Australia Bank replaced Telstra as the sovereign wealth fund’s fourth-largest holding, while Apple rose from 86th to eighth position in the list of its top 100 holdings. New entrants to the list in 2016-17 include GGP, Amcor, Sydney Airport and JP Morgan.

CORPORATES
AUSTRALIA. FUTURE FUND MANAGEMENT AGENCY, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, APPLE INCORPORATED, GGP INCORPORATED, AMCOR LIMITED – ASX AMC, SYDNEY AIRPORT – ASX SYD, JP MORGAN AND COMPANY INCORPORATED, AMP LIMITED – ASX AMP, EQUITY RESIDENTIAL PROPERTIES TRUST, INSURANCE AUSTRALIA GROUP LIMITED – ASX IAG, MAGELLAN GLOBAL FUND, SCENTRE GROUP – ASX SCG, SAMSUNG ELECTRONICS COMPANY LIMITED, VISA INTERNATIONAL

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