Future Fund head exits on top with 14.8 per cent return

The Future Fund oversaw a 14.8 per cent return to $289.7 billion in the 12 months to June. (Susie Dodds/AAP PHOTOS)

Australia's sovereign wealth fund has recorded one of its strongest results in its 20-year history, adding $37.4 billion to the nation's financial position.

The Future Fund oversaw a 14.8 per cent return to $289.7 billion in the 12 months to June, easily beating the 2.8 per cent gain in the ASX200 over the same period and the fund's one-year target of eight per cent.