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<blockquote data-quote="tikkalover" data-source="post: 500584" data-attributes="member: 600"><p><h3>North Dakota launches transparency website for Legacy Fund</h3><p>The North Dakota Retirement and Investment Office (RIO) has launched a website that gives the public information about the Legacy Fund, the state’s sovereign wealth fund which is currently valued at more than $15 billion.</p><p></p><p>Established through a 2010 constitutional amendment, the fund receives 30% of North Dakota’s oil and gas production and extraction tax revenues.</p><p></p><p>According to a press release from RIO, the new interactive resource, available at <a href="https://www.legacyfund.nd.gov/" target="_blank">legacyfund.nd.gov</a>, includes the fund’s history, governance structure, investment holdings and financial impact on the state.</p><p></p><p>Visitors can also explore a historical timeline, learn about the In-State Investment Program and access news, reports and performance information.</p><p></p><p>The website’s holdings page includes an interactive world map that allows users to select a country and explore associated holdings. Users can filter holdings by asset class and sector, search by company name and download the data.</p><p></p><p>“The Legacy Fund is an important part of North Dakota’s financial future, and transparency helps the public understand how it is managed,” said RIO Executive Director Jodi A. Smith. “This website makes it easier for North Dakotans to learn about the fund and understand its role in our state.”</p><p></p><p>The State Investment Board has fiduciary responsibility for its investments, with investment services provided by the Retirement and Investment Office. The Legacy and Budget Stabilization Fund Advisory Board provides recommendations on investment policy.</p><p></p><p>Decisions about appropriating fund earnings are made through the legislative process.</p><p></p><p>The website was developed in response to House Bill 1319, enacted during the 2025 legislative session and requires the State Investment Board to maintain a publicly accessible website listing the Legacy Fund’s investments.</p><p></p><p>The Retirement and Investment Office selected Tactis LLC, a Maryland-based customer experience and digital engineering firm, through a competitive bid process to design, build and manage the website. Devii, a North Dakota technology company, is a subcontractor providing the data platform that receives and prepares the fund’s holdings for publication.</p></blockquote><p></p>
[QUOTE="tikkalover, post: 500584, member: 600"] [HEADING=2]North Dakota launches transparency website for Legacy Fund[/HEADING] The North Dakota Retirement and Investment Office (RIO) has launched a website that gives the public information about the Legacy Fund, the state’s sovereign wealth fund which is currently valued at more than $15 billion. Established through a 2010 constitutional amendment, the fund receives 30% of North Dakota’s oil and gas production and extraction tax revenues. According to a press release from RIO, the new interactive resource, available at [URL='https://www.legacyfund.nd.gov/']legacyfund.nd.gov[/URL], includes the fund’s history, governance structure, investment holdings and financial impact on the state. Visitors can also explore a historical timeline, learn about the In-State Investment Program and access news, reports and performance information. The website’s holdings page includes an interactive world map that allows users to select a country and explore associated holdings. Users can filter holdings by asset class and sector, search by company name and download the data. “The Legacy Fund is an important part of North Dakota’s financial future, and transparency helps the public understand how it is managed,” said RIO Executive Director Jodi A. Smith. “This website makes it easier for North Dakotans to learn about the fund and understand its role in our state.” The State Investment Board has fiduciary responsibility for its investments, with investment services provided by the Retirement and Investment Office. The Legacy and Budget Stabilization Fund Advisory Board provides recommendations on investment policy. Decisions about appropriating fund earnings are made through the legislative process. The website was developed in response to House Bill 1319, enacted during the 2025 legislative session and requires the State Investment Board to maintain a publicly accessible website listing the Legacy Fund’s investments. The Retirement and Investment Office selected Tactis LLC, a Maryland-based customer experience and digital engineering firm, through a competitive bid process to design, build and manage the website. Devii, a North Dakota technology company, is a subcontractor providing the data platform that receives and prepares the fund’s holdings for publication. [/QUOTE]
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