The spring 1999 revenue forecast for the Constitutional Budget Reserve Fund and the Alaska Permanent Fund are summarized below.
Subsequent activity is estimated.
These projections are based on Callan Associates, Inc's. capital market assumptions and Department of Revenue, Treasury Division's asset allocation. The estimated total return for subsequent years is 7.75 percent and the realized rate of return is estimated to be 7.33 percent given the 1999 Callan Associates, Inc's. capital market assumptions.