The Future Fund had A$74.6 billion in assets at March 31, according to a portfolio update published on its website on April 29. It had A$1.6 billion invested in Australia's largest telephone company Telstra Corp., part of the seeded capital provided by the government when the then state-owned Telstra was sold to the public. It has a further A$8.5 billion invested in Australian equities and A$20 billion in international stocks.
The balance of its holdings are in private equity, property, infrastructure, debt and cash.