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  • Started in June 1987 (16 June 1987)
  • Original parties Tuvalu, Australia, New Zealand & UK
  • Parties initial contributions:
    • Tuvalu $1.6 million AUD
    • Australia $8.0 million AUD
    • New Zealand $8.3 million AUD
    • United Kingdom $8.5 million AUD
  • Japan and South Korea also contributed to the TTF within its first year but they were not part of the original contributors
    • Japan $700,000 AUD
    • Korea $31,000 AUD
  • UK has since pulled out (in 2004) but their contribution remains in the Trust Fund
  • Turkey also contributed to the Fund in 2015 ($38,000)
  • Successive Tuvalu Governments have continued to put money into the Fund with Tuvalu’s total contribution now at $44 million.
  • Australia and NZ continue to put money into the Fund
  • Australia’s additional contribution now at $33 million and NZ’s at $13 million
  • Total payments from TTF to the Government of Tuvalu over 30 years = $101 million, in absolute terms or $154 million in 2017 dollar terms.
  • Of the $101 million distributed, $11.5 million was reinvested.
  • Currently TTF’s Maintained Value = $164.4 million with market value = $172.3 million, as at 30 September 2017.
  • The Government of Tuvalu is committed to reaching a maintained value of $200 million by the year 2020.
  • All Funds are invested overseas. Currently with two Fund Managers based in Sydney, Australia and overseen by a Fund Monitor/Investment Advisor.
  • The Board is ultimately responsible for all investment decisions on the advice of the Investment Committee.