National Wealth Fund

National Wealth Fund is a state owned investment fund established to manage a country's excess reserves or revenues. Often funded by revenues from natural resources, these funds invest in a diverse portfolio of assets, including stocks, bonds, real estate, and infrastructure. The goals of a national wealth fund can include stabilizing the national budget, saving for future generations, or promoting economic development. These funds are typically governed by a board or investment committee and adhere to specific investment guidelines.