A sovereign wealth fund is a:
A)government-controlled fund that manages and invests government savings.
B)privately controlled fund that manages and invests private sector savings.
C)pseudo-controlled fund that manages both private and government savings.
D)savings fund for the benefit of countries in the Commonwealth only.

Question

Quizplus · Accepted Answer

A sovereign wealth fund is a government-controlled fund that manages and invests government savings. These funds are typically created from foreign currency reserves, profits from natural resources, or other government revenues. The goal of a sovereign wealth fund is to invest these funds in a way that generates long-term financial returns while also supporting economic development and stability.

A Sovereign Wealth Fund Is A