Kazakhstan National Fund

AAA

DEFINITION of 'Kazakhstan National Fund'

The Kazakhstan National Fund is a sovereign wealth fund for the nation of Kazakhstan. The sovereign wealth fund originates from surplus revenues gained from taxes on the development of Algeria's oil, gas and mineral reserves. According to the Sovereign Wealth Fund Institute, the Kazakhstan National Fund has approximately $21.6 billion in assets as of 2008.

INVESTOPEDIA EXPLAINS 'Kazakhstan National Fund'

The Kazakhstan National Fund was established in 2000, primarily to act as a stabilization fund to lessen the impact that volatility in oil, gas and mineral prices have on the Republic of Kazakhstan. The Kazakhstan National Fund is a secretive organization and little information can be found as to its governance, holdings or investment strategies.

RELATED TERMS
  1. Sovereign Credit Rating

    The credit rating of a country or sovereign entity. Sovereign ...
  2. Central Bank

    The entity responsible for overseeing the monetary system for ...
  3. Monetary Policy

    The actions of a central bank, currency board or other regulatory ...
  4. Reserve Currency

    A foreign currency held by central banks and other major financial ...
  5. Sovereign Wealth Fund - SWF

    Pools of money derived from a country's reserves, which are set ...
  6. Discretionary Investment Management

    A form of investment management in which buy and sell decisions ...
Related Articles
  1. Sovereign Wealth Funds - Friend Or Foe?
    Investing Basics

    Sovereign Wealth Funds - Friend Or Foe?

  2. Institutional Investors And Fundamentals: ...
    Fundamental Analysis

    Institutional Investors And Fundamentals: ...

  3. An Introduction To Sovereign Wealth ...
    Mutual Funds & ETFs

    An Introduction To Sovereign Wealth ...

  4. Keeping An Eye On The Activities Of ...
    Options & Futures

    Keeping An Eye On The Activities Of ...

Hot Definitions
  1. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  2. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  3. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  4. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
  5. Earnings Multiplier

    An adjustment made to a company's P/E ratio that takes into account current interest rates. The earnings multiplier is used ...
  6. Macroeconomics

    The field of economics that studies the behavior of the aggregate economy. Macroeconomics examines economy-wide phenomena ...
Trading Center