Gerald Nash (Louth, Labour)
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212. To ask the Minister for Finance the annual return on investments made by the Irish Strategic Investment Fund for each year since its establishment; and if he will make a statement on the matter. [23902/23]

Michael McGrath (Cork South Central, Fianna Fail)
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The Ireland Strategic Investment Fund (“ISIF”), which is part of the NTMA, has a mandate to invest on a commercial basis in a manner designed to support economic activity and employment in Ireland. The ISIF Impact Strategy prioritises the use of its capital and resources to address strategic challenges and focuses its efforts on making transformational investments across its impact themes of Climate, Housing and Enabling Investments, Indigenous Businesses, and Food and Agriculture. ISIF invests in driving the sustainable development of the Irish economy, focusing on transformative impact in executing its impact strategy.

The below table illustrates the ISIF investment return per annum for the Discretionary Portfolio which is comprised of the Irish and Global Portfolios. The figures are as published in the NTMA Annual Reports.

Note the figures for 2022 will be published in July in the 2022 NTMA Annual Report.

* The Discretionary Portfolio - the investment of which was the responsibility of the NPRF Commission prior to 22 December 2014 and which became the responsibility of the NTMA (as controller and manager of the ISIF) following the establishment of the ISIF on 22 December 2014.