Improving Albertans' Quality of Life

The Heritage Fund is Alberta’s main long-term savings fund, producing income to support government programs essential to Albertans.

Latest update

The Alberta Heritage Savings Trust Fund 2017-18 Third Quarter Update was released on February 28, 2018.

Over the first nine months of the 2017-18 fiscal year, the Heritage Fund earned a 7.1 per cent return and $1.4 billion in net income. As of December 31, 2017, the fund’s assets were worth $17.5 billion on a fair value basis.

Over the past five years, the Heritage fund earned 11.1 per cent average annual rate of return.

Since 1976, the Fund has contributed $42.8 billion to fund Albertans’ priorities like health care and education.

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About the Heritage Fund

The Heritage Fund is Alberta’s main long-term savings fund. Originally, the Fund was established in 1976, to collect a portion of Alberta’s non-renewable resource revenue for future generations.

Today, the Fund is invested by the Alberta Investment Management Corporation (AIMCo) in a globally diversified portfolio across many assets classes, such as stocks, bonds, and real estate.

The income produced by the Fund supports government programs essential to Albertans like health care, education and infrastructure.

The Alberta Heritage Savings Trust Fund is unique to Alberta. No other province has such a fund.

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AIMCo - Alberta Growth Mandate

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See the Alberta Heritage Savings Trust Fund Act.

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Committee and others responsible for management

Standing Committee on the Alberta Heritage Savings Trust Fund

To view the current members of the Heritage Fund Standing Committee, meeting information and contact information, please visit the Standing Committee website.

Treasury Board and Finance Contact

Lowell Epp, Assistant Deputy Minister, Treasury and Risk Management, Alberta Treasury Board and Finance

Investment Manager

Kevin Uebelein, Chief Executive Officer, Alberta Investment Management Corporation (AIMCo)


Doug Wylie, FCPA, FCMA, ICD.D, Auditor General of Alberta

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Government of Alberta feedback form

Mailing address

Heritage Fund
Federal Building, Ninth Floor
9820 - 107 Street
Edmonton, Alberta, Canada T5K 1E7


780-427-3035 - Monday to Friday, 8:15 a.m. to 4:30 p.m.
Toll free within Alberta:  310-0000 before the phone number

Contact your MLA

See contact information for your MLA at

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Page last updated:  May 1, 2018