OSLO, Aug. 22 (Xinhua) -- Norway's sovereign wealth fund posted a return of 2.6 percent, or 202 billion kroner (25.6 billion U.S. dollars), in the second quarter of 2017, the fund said on Tuesday.
Equity, fixed-income and unlisted real estate investments returned 3.4 percent, 1.1 percent and 2.1 percent respectively in the quarter, according to a statement of the fund, formally known as the Government Pension Fund Global (GPFG) and ranked as the world's biggest sovereign wealth fund.
In the second quarter, 16 billion kroner was withdrawn from the fund by the government. The krone appreciated against the main currencies during the quarter, which decreased the value of the fund by 32 billion kroner.
The fund had a market value of 8,020 billion kroner as at June 30, 2017, of which 65.1 percent was invested in equities, 32.4 percent in fixed income and 2.5 percent in unlisted real estate. (1 U.S. dollar = 7.90 kroner)
