When a government is the sponsor of a multi-government investment pool and accounts for the external portion of those trust assets it is a(n):

Question

Quizplus · Accepted Answer

The description given in the question suggests that the government is managing a pool of investments on behalf of multiple governments. This type of fund is typically called an Investment Trust Fund. Pension Trust Funds are used to account for retirement benefits for government employees. Private-Purpose Trust Funds and Agency Funds are also used for specific purposes such as administering grants or managing funds for a specific beneficiary. However, neither of these funds aligns with the description in the question.

When a Government Is the Sponsor of a Multi-Government Investment