What is a sovereign wealth fund?

Question

Quizplus · Accepted Answer

A sovereign wealth fund is a state-owned investment fund that is funded by foreign exchange assets. These funds are typically established to invest in a variety of assets, including stocks, bonds, and real estate, in order to generate returns that can be used to support a country's economy and/or social welfare programs. Some examples of sovereign wealth funds include Norway's Government Pension Fund Global and Saudi Arabia's Public Investment Fund. A sovereign wealth fund is a state-owned investment fund funded by foreign exchange assets. It is typically established to invest in a variety of assets, including stocks, bonds, and real estate, with the goal of generating wealth for the country's citizens over the long term. Some examples of sovereign wealth funds include Norway's Government Pension Fund Global and the Abu Dhabi Investment Authority. Option A is incorrect because sovereign wealth funds are not typically philanthropic organizations. Option C is incorrect because sovereign wealth funds are not political action committees. Option D is incorrect because it has nothing to do with sovereign wealth funds.

What Is a Sovereign Wealth Fund