Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure. It's a fairly straightforward process: the government provides funds, and the SWF invest it into risky assets to try to earn profits. This is the same as any investment company, only that its sole investor is the government.

The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, funded, and managed.

Trump says his US sovereign wealth fund will ‘create a lot of wealth’ — but critics counter it’s ‘preposterous’ President Donald Trump has set a bold plan in motion fo

President Donald Trump’s order for the proposed fund calls for a plan within 90 days that details the vehicle’s purpose, funding mechanism, and governance structure.

Trump’s executive order creates a sovereign wealth fund to invest in key sectors and possibly acquire TikTok. Here’s how sovereign wealth funds work.

President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, Saudi Arabia, China and others.

US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during his campaign to pursue such a policy, but this time, he formalized it with an executive order directing a plan for the fund to be developed within 90 days.

Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while campaigning last year.

Tucked into the stack of the more than 50 executive orders President Trump has signed since taking office is the plan to create a new sovereign wealth fund. But what exactly will it do and where will the money for it come from?