Bismarck, N.D. – The North Dakota Retirement and Investment Office (RIO) today launched an interactive website that puts the Legacy Fund’s $15 billion portfolio in the hands of everyday North Dakotans. The site, found at legacyfund.nd.gov, offers a searchable map of global holdings, a timeline of the fund’s development, and easy access to reports, performance data and the In‑State Investment Program.
Why the site matters
Created by a 2010 constitutional amendment, the Legacy Fund receives 30 percent of the state’s oil and gas production and extraction tax revenues. It is a cornerstone of North Dakota’s long‑term fiscal health, supporting everything from school construction to infrastructure projects. By making detailed information publicly available, the state aims to strengthen confidence that the fund is being managed responsibly and in the best interests of its citizens.
Features for the public
The new portal includes an interactive world map that lets users click on any country to see the specific assets held there. Filters let visitors narrow holdings by asset class, sector or company name, and a download button provides the raw data for deeper analysis. A historical timeline walks users through the fund’s origins, key legislative milestones and major investment decisions.
Additional sections explain the In‑State Investment Program, which directs a portion of the fund’s assets toward North Dakota businesses, and provide links to news releases, audited financial statements and performance summaries. The design is intended to be user‑friendly for both seasoned investors and curious residents who simply want to understand how their tax dollars are being leveraged.
State officials praise the effort
“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, which holds fiduciary responsibility for the fund’s investments, worked with the Retirement and Investment Office to ensure the data presented is accurate and up‑to‑date. The board’s advisory arm, the Legacy and Budget Stabilization Fund Advisory Board, continues to provide policy recommendations.
Legislative background
The website was developed to comply with House Bill 1319, enacted during the 2025 legislative session. The bill requires the State Investment Board to maintain a publicly accessible online listing of the Legacy Fund’s investments, a move championed by lawmakers who argue that open data deters mismanagement and builds public trust.
Technology partners
The state selected Tactis LLC, a Maryland‑based digital engineering firm, through a competitive bid to design, build and manage the site. North Dakota‑based Devii serves as a subcontractor, providing the data platform that aggregates and prepares the fund’s holdings for publication.
What’s next?
State officials say the portal will be updated regularly as the fund’s portfolio evolves. They also anticipate adding educational resources to help schools and community groups use the data for civics lessons and local‑economic research. By shining a light on the fund’s operations, North Dakota hopes to set a benchmark for fiscal transparency that other states may follow.
North Dakotans can explore the new site today and begin tracking how the state’s oil‑derived revenues are being invested for future generations.
Original reporting: KFYR-TV Bismarck (news) — read the source article.
